Lypsa Gems & Jewellery Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
LYPSAGEMS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Lypsa Gems & Jewellery Limited has announced the results of its postal ballot conducted via remote e-voting between February 12 and March 14, 2026. All three special resolutions were passed with overwhelming shareholder support (over 99.97% in favor). Resolution 1 approves changing the company name from 'Lypsa Gems & Jewellery Limited' to 'Aurus Gem Corporation Limited'. Resolution 2 grants the board approval to dispose of company assets under Section 180(1)(a) of the Companies Act, 2013. Resolution 3 appoints Mr. Rajesh Pravinchandra Rajyagor as a Non-Executive Independent Director. Out of 21,703 shareholders on record, only 65 public shareholders participated in the voting.
The name change to 'Aurus Gem Corporation Limited' suggests a possible rebranding or business restructuring. The asset disposal approval gives the board wide flexibility to sell company assets, which shareholders should monitor closely. All resolutions passed with near-unanimous support, indicating strong promoter and public shareholder alignment on these strategic decisions.