Voting Results and Scrutinizer Report on postal ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nilachal Refractories Limited conducted a postal ballot through remote e-voting between April 26 and May 25, 2026. Shareholders voted on a single special resolution to voluntarily delist the company's equity shares from both BSE Limited (Scrip Code: 502294) and The Calcutta Stock Exchange Limited. A total of 43 members participated, casting 17,917,847 votes representing approximately 86.8% of the total share capital. The resolution was passed with 17,880,315 votes in favour (100% of votes cast, representing 87.81% of total share capital) against only 37,532 votes against (0.18%). The scrutinizer, CS Rajan Singh of Rajan Singh & Co., confirmed the voting was conducted fairly and transparently, with votes unblocked on May 27, 2026.
With near-unanimous shareholder approval (99.79% in favour), the company can proceed with delisting from both exchanges. This will end public trading of the stock on BSE and CSE, severely reducing liquidity for remaining shareholders who will no longer have an open market exit option.