Prashant India Limited Submitted to the Exchange outcome of the postal ballot.
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Prashant India Limited conducted a postal ballot through remote e-voting, with the last date of voting on October 14, 2025. Out of 8,717 shareholders on record date (September 9, 2025), 45 members cast votes, with a total of 17,69,106 votes polled representing 41.77% of total shares. All three special resolutions passed unanimously with 100% votes in favour and zero votes against. The resolutions covered: (1) shifting the registered office from Palsana to Surat City within Gujarat, (2) leasing/renting of a property at Dhank, Rajkot, and (3) alteration of the object clause in the Memorandum of Association.
The registered office shift to Surat City and the MoA object clause change suggest the company may be repositioning its operations or expanding its permitted business activities. The Rajkot property lease could signal a new operational footprint. Unanimous shareholder approval indicates no governance friction, though low public turnout (only 27.75% of public non-institutional shares voted) is notable.