Voting results of postal ballot
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Meera Industries Ltd conducted a postal ballot through e-voting (NSDL platform) from January 10 to February 8, 2026, with results announced on February 9, 2026. Two ordinary resolutions were passed: (1) sub-division/split of equity shares and (2) alteration of the capital clause of the Memorandum of Association. Both resolutions were approved with 99.39% votes in favour (7,278,699 shares) and just 0.61% against (44,809 shares). Out of 6,004 shareholders, 29 participated, representing 68.57% of the 10,678,796 outstanding shares. Promoters (holding 6,587,600 shares) voted 100% in favour, while public non-institutional holders saw 93.91% approval on 17.98% of their shares polled.
Shareholders have formally approved a stock split/sub-division of equity shares, which typically improves liquidity and makes shares more affordable for retail investors. The near-unanimous approval (99.39%) shows strong shareholder support and minimal dissent, suggesting smooth implementation ahead.