Pashupati Cotspin Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
PASHUPATI · price
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Pashupati Cotspin Limited has announced the results of its postal ballot conducted via remote e-voting. Two ordinary resolutions were put to vote: (1) Sub-division (split) of equity shares, and (2) Amendment of the Capital Clause of the Memorandum of Association. Both resolutions were passed with 100% approval — 74,14,800 votes cast in favour and zero against, out of 1,57,84,000 total shares. Promoter and promoter group (holding 1,04,16,200 shares) voted 70.84% of their holding in favour. The cut-off date was February 20, 2026, with e-voting held from February 28 to March 29, 2026. Results were declared on March 31, 2026. The specific split ratio is not disclosed in this filing.
Shareholders have approved a stock split, which typically increases share liquidity and makes shares more affordable for retail investors. The exact split ratio and effective date are awaited in a separate announcement. Expect near-term positive sentiment on the stock.