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

OUTCOME OF POSTAL BALLOT WITH SCRUTINIZER REPORT

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

Awaiting price reaction for this filing.

AI summary

Lords Mark India Limited (formerly Kratos Energy & Infrastructure Limited) conducted a postal ballot via remote e-voting from 10 October 2025 to 8 November 2025 to seek shareholder approval for increasing the company's Authorised Share Capital and amending the Capital Clause of the Memorandum of Association. The resolution was passed with requisite majority, receiving 100% votes in favour (6,58,483 shares) with zero votes against. Only 15 members voted, all from the promoter and promoter group category — no public shareholders cast votes. The scrutinizer, Ms. Geeta Serwani (Practicing Company Secretary), certified the voting process as fair and transparent.

Likely market impact

This approval gives the company flexibility to issue new shares in the future, potentially for fundraising, expansion, acquisitions, or stock split/bonus issues. Shareholders should watch for follow-up announcements on any planned equity issuance or corporate action that may follow this increased headroom.