Prashant India Limited submitted to the Exchenge the voting result of the postal ballot pursuant to the regulation 44 of SEBI (LODR), 2015 along with Scrutinizer report.
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Awaiting price reaction for this filing.
Prashant India Limited has submitted the voting results of its postal ballot conducted via remote e-voting through NSDL, with the voting window running from September 15 to October 14, 2025. All three special resolutions were passed with 100% votes in favour — 45 members cast 17,69,106 valid votes and zero votes were recorded against any resolution. The resolutions approved were: (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 of the Company. Out of 8,717 shareholders on record date (September 9, 2025), only 45 participated, representing roughly 41.77% of total voting share capital. Scrutinizer Jitendra R. Bhagat of Bhagat Associates certified the e-voting process as fair, transparent, and compliant with SEBI LODR Regulations and MCA circulars.
Shareholders have given full backing to management's plans for office relocation, property leasing, and broadening the company's business objects. This is a routine governance compliance filing with no direct material impact on share price, though the expanded object clause gives the company more flexibility to enter new business areas in the future.