Revised AGM voting results: share consolidation approved with 99.85% assent
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On the reaction day the stock moved 4.4 pts less than Nifty Microcap 250 and 3.7 pts less than its Other Financial Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Ontic Finserve filed a revised scrutinizer report for its 30 Sept 2026 AGM to fix typographical errors. Two resolutions passed: adoption of FY2026 audited financials with 100% assent, and approval of reduction and consolidation of shares with 99.85% assent. Out of 22,501 shareholders on record date, 32 public shareholders voted, casting 26,008,333 total votes.
Share consolidation will reduce outstanding share count, generally lifting per-share value. Watch for the consolidation ratio and effective date announcement.