BSEMediumNeutral
Announced Mon, 2 Jun · 16:51 IST

Please find enclosed herewith Voting results along with Scrutinizer''s report.

Corporate Actions View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Macrotech Developers (Lodha) has passed a special resolution to change the name of the company and make consequent alterations to its Memorandum and Articles of Association. The resolution was approved by shareholders through a postal ballot via remote e-voting, which concluded on May 31, 2025. Out of 99.76 crore total shares, 94.53 crore shares (94.75%) were polled, with 99.9987% voting in favour and only 12,497 shares (0.0013%) voting against. Promoters voted 100% in favour, while public institutions and non-institutions voted 99.99% and 99.36% in favour respectively. The scrutinizer confirmed the resolution was passed with the requisite majority.

Likely market impact

This is a corporate housekeeping item with no direct impact on financials or shareholder value. Investors should note the upcoming name change and watch for any associated corporate actions, but the near-unanimous approval signals strong shareholder support with no controversy.