Submission of Outcome and Voting Results of Postal Ballot under SEBI (Listing Obligation & Disclosure Requirement) Regulations, 2015.
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New Light Apparels Limited (BSE: 540243, NEWLIGHT) announced the results of its Postal Ballot conducted via remote e-voting from 4th July to 2nd August 2025. All four resolutions were passed with overwhelming shareholder approval (over 99.99% in favour in each case). Out of 15,643 eligible shareholders, approximately 47.62% of total shares (4.17 crore out of 8.76 crore) participated in voting. The resolutions covered: (1) change in the company's name, (2) alteration of the objects clause of the Memorandum of Association, (3) regularisation and re-designation of Mrs. Himanshi Sharma as Managing Director along with her remuneration, and (4) regularisation of Mr. Suraj Prakash Goel's appointment as Executive Director. The scrutinizer (M/s Sumit Bajaj and Associates) confirmed the results on 4th August 2025.
Shareholders have greenlit a company name change and a widening of the objects clause, which could signal a shift or diversification in business focus. The formal appointment of a Managing Director and Executive Director also strengthens the leadership team. For retail investors, these are administrative/structural changes passed with near-unanimous support, with negligible dissent, suggesting low controversy but watch for further announcements on the new name and revised business objects.