Announced Wed, 24 Jun · 18:01 IST
Postal Ballot Result - Special Resolution Passed (MOA Alteration)
Compliance View source PDF
NBIFIN · price
▲ 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
+2.9%1-day move
₹1865.90
prior close
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base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+2.9+1.3-0.2-0.2+1.8+4.4+13.8+20.7——
Up moveDown movePending
AI summary
N. B. I. Industrial Finance Company got shareholder approval for a special resolution to alter its Memorandum of Association via postal ballot e-voting. Of 24,64,770 valid votes cast by 65 folios, 99.88% (24,61,830 shares) were in favour and 0.12% (2,940 shares) against. The resolution was passed with the required majority. Voting ran from 26 May to 24 June 2026.
Likely market impact
Routine governance filing with near-unanimous approval. No controversy and no material impact on share price expected.