Announced Wed, 1 Apr · 18:40 IST
Postal Ballot: Material Related Party Transaction Approved
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve
Awaiting price reaction for this filing.
AI summary
Laxmipati Engineering Works announced postal ballot voting results. The single ordinary resolution—approval of a Material Related Party Transaction (in which promoters are interested)—was passed with requisite majority. 12 members holding 4,07,500 shares voted entirely in favour via e-voting; zero votes against, zero invalid. Only 12 of 168 total shareholders participated. Voting period ran March 2–31, 2026; scrutinizer was Ranjit Kejriwal, PCS.
Likely market impact
Routine approval of an RPT with promoter interest. Very low shareholder turnout (12 of 168) limits representativeness of the vote.