Announced Wed, 20 May · 12:40 IST

SCRUTINIZER REPORT AND VOTING RESULTS

Board & Shareholder Meetings View source PDF

Price

Loading chart…

▲ 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

—1-day move

₹40.25

prior close

₹40.20

base price

In-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

+0.0+0.0+0.0+0.0—-0.2-0.2+4.7+6.8+6.0+1.6+6.3+1.8—

Up moveDown movePending

AI summary

Nilachal Refractories Limited held an EGM on May 18, 2026 in Kolkata where shareholders voted on two resolutions. First, approval for sale/transfer/disposal of undertaking under Section 180(1)(a) of the Companies Act (special resolution). Second, approval for material related party transactions under SEBI Listing Regulations (ordinary resolution). Both resolutions passed unanimously with 100% in favor — 19,690,232 votes cast representing 96.70% of share capital, with zero votes against. The voting was conducted via remote e-voting (May 15-17) and physical polling at the venue. SFAI Speciality Alloys Limited appears to be a major shareholder holding approximately 14.38 million shares (about 73% of votes cast).

Likely market impact

Shareholders have given management broad authorization to sell or dispose of company assets/undertakings and approved material related party dealings. The unanimous approval suggests strong promoter support but also indicates limited minority opposition in voting decisions.