Voting Results of postal ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Nilachal Refractories Ltd conducted a postal ballot via remote e-voting (26 April – 25 May 2026) seeking shareholder approval for the voluntary delisting of its equity shares from BSE Limited and The Calcutta Stock Exchange Limited. A single Special Resolution was put to vote. Of 17,917,847 valid votes cast, 17,880,315 (99.79%) voted in favour and 37,532 (0.21%) voted against. The resolution was passed with 87.81% of the company's total share capital assenting. Only 43 members participated in the vote, suggesting a concentrated shareholder base. The scrutinizer confirmed the process was conducted fairly and transparently.
Shareholders have approved the delisting, meaning the company's shares may no longer trade on BSE or CSE. Minority shareholders who voted against may face exit challenges depending on the delisting offer price, which is yet to be announced.