Outcome of Postal ballot under Regulation 44(3) of SEBI (LODR) Regulations, 2015
Awaiting price reaction for this filing.
Dekson Castings Limited has received shareholder approval through a postal ballot to voluntarily delist its equity shares from the BSE SME (ITP) Platform. The special resolution was passed with overwhelming support — 37,789 shares voted in favor (99.99%) and zero votes against, out of 37,789 total valid votes. Notably, all votes cast came from the Promoter and Promoter Group, who declared themselves interested in the resolution. The e-voting period ran from September 8, 2025 to October 7, 2025, and the resolution is deemed passed on October 7, 2025. Of the 11 shareholders on record date (August 29, 2025), 10 participated in the voting. The process was overseen by scrutinizer MKMM & Associates.
This approval is a critical first step toward delisting the company from BSE SME, which will significantly reduce stock liquidity and end public trading on the exchange. Retail shareholders should closely monitor upcoming announcements on the delisting process, including the reverse book-building mechanism, floor price, and exit window for remaining public shareholders.