In terms of Regulation 44 of SEBI (LODR) Regulation, 2015 Please find enclosed voting result along with scrutinizer report on postal ballot through e- voting on the special business transacted ....
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Pentokey Organy (India) Ltd has announced the results of its postal ballot conducted via remote e-voting, which concluded on 15th May 2025. Shareholders approved a special resolution to alter the Object Clause of the company's Memorandum of Association by adding a new sub-clause permitting the company to manufacture, trade, and deal in inorganic chemicals, fertilizers, pesticides, weedicides, fungicides, petrochemicals, acids, alkalies, and related products. Out of 9,381 shareholders, 4,664,538 votes were polled (74.37% of total 6,272,629 shares), and all polled votes (100%) were cast in favour of the resolution. The scrutinizer, M/s Akshay Sharma & Associates, confirmed the resolution was passed with the requisite majority on 17th May 2025.
The approval allows the company to expand its business into inorganic chemicals, fertilizers, and pesticides, diversifying beyond its existing organic chemicals/pharmaceuticals focus. This is a strategic move to tap new segments, which could open up growth opportunities but also signals a potential shift in the company's core business direction.