Prostarm Info Systems Limited has submitted the Exchange a copy of Voting Results of Postal Ballot through remote e-voting process and the Scrutinizer Report
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Prostarm Info Systems Limited has announced the results of its Postal Ballot conducted via remote e-voting, which concluded on December 31, 2025. Shareholders approved all four special resolutions with an overwhelming majority of approximately 99.99% in favour. The resolutions seek permission to: (1) borrow monies exceeding the existing limits under Section 180(1)(C), (2) create mortgage or charge on the company's assets under Section 180(1)(A), (3) approve transactions under Section 185, and (4) make investments, give loans, and provide guarantees exceeding limits under Section 186 of the Companies Act, 2013. Out of 46,101 shareholders on record, about 72.87% of outstanding shares participated in the voting. The Scrutinizer, CS Sandeep P. Parekh, confirmed the voting process was conducted in a fair and transparent manner.
Shareholders have granted the company broader flexibility to raise additional borrowings, pledge assets as security, and extend loans or make investments beyond current statutory thresholds. This signals potential upcoming fundraising or expansion activity, though no specific transaction or amount is confirmed in this filing.