Submission of Scrutinizer''s Report on Postal Ballot Voting Result.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Last Mile Enterprises Ltd conducted a postal ballot via e-voting from February 24, 2026 to March 25, 2026, where shareholders voted on two special resolutions. Resolution 1 sought to increase the company's borrowing limit under Section 180(1)(C) of the Companies Act, 2013, and was passed with 86.06% of votes in favour (21.27 crore shares) against 13.94% against (3.44 crore shares). Resolution 2 approved the Employee Housing-Loan Scheme 2026 under Section 185, where promoters were interested; it passed with 84.99% in favour (21.00 crore shares), 14.10% against (3.49 crore shares), and 0.91% invalid votes (22.38 lakh shares held by promoters). Approximately 69.46% of outstanding shares participated in the voting out of 5,336 shareholders on record date. The scrutinizer's report was issued by M/s A. Shah & Associates, Practicing Company Secretaries, confirming both resolutions as validly passed.
Shareholders have cleared the way for the company to raise additional borrowings beyond its current limit, signalling potential debt expansion or growth funding plans. The Employee Housing-Loan Scheme approval indicates possible related-party lending to employees/directors, which minority shareholders should monitor for terms and disclosures.