Disclosure of Outcome of Postal ballot along with Scrutinizers report
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Awaiting price reaction for this filing.
Puretrop Fruits Ltd announced the results of a postal ballot conducted via remote e-voting between January 21 and February 19, 2026. Two special resolutions were passed by members. The first, a buyback of equity shares, was approved with 99.99% votes in favor (5,186,761 shares in favor out of 5,187,167 polled), with promoters voting unanimously in favor. The second resolution, appointing Mrs. Dipti Motiani as Chief Executive Officer, passed with 99.95% votes in favor (214,340 shares), as promoters (related parties) were excluded from voting on this resolution per Section 188 of the Companies Act, 2013. Total valid votes polled for the buyback resolution represented 65.08% of outstanding shares.
Shareholders have approved the buyback of equity shares, which could lead to a reduction in share count and potentially support the stock price. The CEO appointment signals leadership continuity, as the appointee appears to be from the promoter family.