MUFINNSEMufin Green Finance LimitedLowNeutral
Announced Fri, 20 Mar · 17:38 IST

Mufin Green Finance Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

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
-2.4%1-day move
₹102.50
prior close
₹103.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.4-2.7-2.7-2.7-2.4+1.0-3.5-6.7+0.0-2.0+10.7+13.2+20.4+25.3
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AI summary

Mufin Green Finance Limited conducted a postal ballot via remote e-voting from February 18 to March 19, 2026, seeking shareholder approval to alter the company's Articles of Association through a special resolution. Out of 17.32 crore total outstanding shares, only about 70.87 lakh shares (4.09%) were polled, indicating very low shareholder participation. Of the votes cast, 99.94% (over 70.83 lakh shares) were in favour and just 0.06% (4,465 shares) were against, with no invalid votes. The scrutinizer, Abhay Kumar of Abhay K & Associates, certified the results as valid. The resolution has therefore been approved and is now effective.

Likely market impact

The alteration to the Articles of Association is officially approved, giving the company greater flexibility in its governance structure. The extremely low voter turnout (around 4%) means a small group of participating shareholders decided the outcome, though support among them was near-unanimous. Shareholders should review what changes were made to the Articles, as these govern shareholder rights and company operations.