BSEMehai Technology LtdMediumNeutral
Announced Sat, 9 May · 16:38 IST

With reference to the above mentioned caption, please find the outcome of the meeting through postal ballot notice dated 8th April 2026. All stakeholders are requested to take this in ....

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.4%1-day move
₹1.49
prior close
₹1.48
base price
After-mkt
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AI summary

Mehai Technology Limited conducted a postal ballot through remote e-voting from April 9, 2026 to May 8, 2026, with 23,348 shareholders eligible to vote. Two special resolutions were passed with overwhelming approval of 99.99% each. Resolution 1 approved alterations to the Main Objects Clause and Ancillary Clause of the company's Memorandum of Association, with 368,807,051 votes in favour and 25,567 against. Resolution 2 approved the re-appointment of Mr. Akash Tak as a Non-Executive Independent Director, with 368,805,031 votes in favour and 27,587 against. The voting was scrutinised by a practicing company secretary, and the resolutions have been passed as special resolutions requiring 75% shareholder approval.

Likely market impact

Both resolutions passed with near-unanimous shareholder support, indicating strong investor confidence. The alteration to the MoA suggests the company may be expanding or modifying its business objectives, while the re-appointment of the independent director maintains governance continuity.