Disclosure of Voting Results and Scrutinizer''''s Report for the Postal Ballot Notice Dated 28-01-2026
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Macfos Ltd has received shareholder approval via postal ballot to issue bonus shares in the ratio of 1 new equity share for every 10 existing shares held. The resolution was passed with 100% approval — all 6,533,050 valid votes cast were in favour, with zero votes against. A total of 69.37% of the company's outstanding shares (out of 9,416,821) participated in the e-voting. The bonus shares will be issued by capitalising the Securities Premium Account, as per the audited financials for the period ended 31 March 2025, and will rank equally with existing shares. The bonus shares will be allotted only in demat form. The record date for determining eligible shareholders will be set by the Board.
Eligible shareholders will receive free additional shares, which will increase the total share count and typically reduce the per-share price proportionally. No cash outflow for the company since bonus shares are issued from reserves. Investors should watch for the record date announcement from the Board.