Submission of Scrutinizer Report with Voting Result
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Prabhu Steel Industries held an Extra Ordinary General Meeting on June 3, 2026, where one special resolution was put to vote. The resolution sought approval to amend the Object Clause of the company's Memorandum of Association (MOA) to align it with the Companies Act, 2013. Out of 273 shareholders on the record date (May 26, 2026), 10 shareholders attended in person. A total of 76,700 votes were polled (10.70% of total 717,000 outstanding shares), and all 76,700 votes were cast in favour of the resolution with zero votes against. The promoter group (holding 307,195 shares) did not participate in voting, and only public non-institutional shareholders cast votes via physical poll. The scrutinizer, Jaymin Modi of M/s Jaymin Modi & Co, confirmed the special resolution was passed with the requisite majority.
This is a routine governance filing confirming a procedural amendment to align the company's MOA with the current Companies Act. With 100% approval and no dissenting votes, it is unlikely to have any material impact on the stock price or shareholder value. Investors should note the low voting turnout (only 10.70% of outstanding shares participated).