Please find attached herewith the Scrutinizer Report along with the voting results
Awaiting price reaction for this filing.
ATN International held its 1st Extra-Ordinary General Meeting of FY 2025-26 on March 9, 2026. Shareholders approved a Special Resolution for the Reduction of Share Capital with the requisite majority. Out of around 3.94 crore total shares, roughly 25.16 lakh shares (6.38%) participated in voting — 99.35% voted in favour and just 0.65% voted against. The scrutinizer, A.K. Labh & Co., confirmed that the resolution was validly passed through a combination of remote e-voting and physical ballot at the EGM venue.
A share capital reduction is typically undertaken to write off accumulated losses or restructure the balance sheet, which can improve the company's net worth position over time. For shareholders, the immediate effect depends on the mechanism used (face value cut vs. share cancellation), but this kind of move does not change the underlying business value and may be neutral to slightly positive if it paves the way for future growth or dividend payments.