Nila Spaces Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
NILASPACES · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nila Spaces Limited has announced the results of its postal ballot held on May 12, 2026. Six ordinary resolutions were passed, all seeking approval for material related party transactions for FY 2026-27 with entities including Nila Urban Living Private Limited, Romanovia Industrial Park Private Limited, Kent Residential & Industrial Park LLP, Nila Infrastructures Limited, Plouton Sanctum Private Limited, and Mr. Deep S. Vadodaria (Chairman/Key Managerial Personnel). All resolutions passed with overwhelming shareholder approval, ranging from 92.31% to 97.44% in favor. Notably, promoters abstained from voting on all resolutions as they were interested parties. Voter turnout was low at approximately 0.25% of total shares, which is typical for postal ballots.
The approval of these related party transactions is routine corporate governance and should have no immediate impact on the stock price. The high approval margins indicate minority shareholders are comfortable with the terms of these transactions.