Please find enclosed Scrutinizers Report and Voting Results
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Neelkanth Limited conducted a postal ballot (remote e-voting from June 10 to July 9, 2025) seeking shareholder approval for the sale or disposal of the company's land under Section 180(1)(a) of the Companies Act, 2013 and SEBI Listing Regulation 37A(1). Out of 4,359,000 total shares, 271,398 shares (6.23% of outstanding) were voted, with 99.99% voting in favour and just 14 shares against the resolution. The company had 2,355 shareholders as of the June 6, 2025 cut-off date. The special resolution has been declared passed with the requisite majority, confirmed by the Scrutinizer's Report dated July 10, 2025.
Shareholders have approved the company's plan to sell or dispose of its land, giving the board the authority to monetize this asset. This is a procedural green light and does not by itself trigger a transaction; the actual sale terms, buyer, and price will follow in future disclosures.