Disclosure of Voting Results of Postal Ballot pursuant to Regulation 44 of the SEBI LODR, 2015
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Manoj Ceramic Ltd conducted a postal ballot (remote e-voting) from 8th February to 9th March 2026 to seek shareholder approval for altering the Object Clause of its Memorandum of Association. The special resolution was passed with 100% votes in favour — 60,01,200 valid votes polled out of 1,24,07,000 total outstanding shares, representing 48.37% participation. Promoters (holding 59,72,800 shares) voted entirely in favour, while public non-institutional shareholders saw negligible participation (28,400 shares, 0.47%). The amendment adds a new sub-clause permitting the company to enter architectural, interior design, engineering, consultancy, turnkey interior projects, modular furniture, and allied creative services — signalling a clear diversification beyond ceramics.
Shareholders have greenlit a strategic diversification into interior design, architecture, and engineering services, opening new revenue streams beyond the core ceramic business. The unanimous approval strengthens management's mandate to expand into these verticals, though weak public participation (less than 1% of non-promoter retail) suggests limited broader investor engagement on this move.