Orient Technologies Limited has informed the Exchange about Copy of Newspaper Publication with respect to Postal Ballot Results.
ORIENTTECH · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Orient Technologies Limited announced the results of its postal ballot, where shareholders approved extending the timeline for utilizing proceeds from its August 2024 public issue until March 31, 2027. The special resolution received overwhelming support, with 99.996% of votes cast in favour and only 0.004% against. E-voting was conducted from February 25, 2026 to March 26, 2026, and was supervised by scrutinizer CS Alwyn D'Souza, who submitted his report on March 27, 2026. The results were published on March 28, 2026 in Free Press Journal, Financial Express (English) and Navshakti (Marathi) newspapers, in compliance with SEBI Listing Regulations. The announcement was signed by Mr. Ajay Baliram Sawant, Chairman and Managing Director.
This is a routine procedural disclosure confirming shareholder approval to give the company additional time (until March 31, 2027) to deploy IPO funds from its 2024 listing. The near-unanimous approval indicates strong shareholder support and is unlikely to have any material impact on the stock price.