as per the PDF attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Mega Nirman & Industries conducted a Postal Ballot through remote e-voting from January 23, 2026 to February 21, 2026. All three resolutions were passed with overwhelming majority. Resolution 1 (Ordinary) approved the appointment of M/s. Krishan Rakesh & Co. (FRN: 009088N) as Statutory Auditors to fill the casual vacancy caused by the previous auditor's resignation. Resolution 2 (Special) approved increasing the company's borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Resolution 3 (Special) approved granting loans, making investments, and giving guarantees or securities under Section 186 of the Companies Act. Of the 2,577 shareholders on record date, only 59 cast votes, totaling 5,52,769 shares polled (just 2.16% of outstanding public shares). All three resolutions received 99.98% votes in favor and 0.02% against. Promoters (75,100 shares) voted 100% in favor of all resolutions.
Shareholders have approved a new statutory auditor and given the company expanded flexibility to borrow and to lend/invest in other bodies corporate. The very low public voting participation (only ~2.3% of public shareholding voted) means these approvals came from a small subset of shareholders, though the results are decisive and binding.