BSELords Mark Industries LtdLowNeutral
Announced Sat, 8 Nov · 19:16 IST

OUTCOME OF POSTAL BALLOT

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Lords Mark India Limited conducted a postal ballot via remote e-voting from 10th October 2025 to 8th November 2025. The only resolution was to increase the company's Authorised Share Capital and make a corresponding change to Clause V of the Memorandum of Association. The resolution was passed with 100% votes in favour — all 6,58,483 votes cast by 15 members approved it, with no votes against and no invalid votes. Notably, public institutional and non-institutional shareholders did not participate in the voting, so the approval came entirely from the promoter group.

Likely market impact

This is a routine corporate housekeeping step that gives the company headroom to issue new shares in the future, but no actual share issuance has happened yet. Since no public shareholders voted, retail investors should watch for any follow-up announcement about a fundraising or preferential allotment that uses this expanded capital limit.