POSTAL BALLOT VOTING RESULT AND SCRUTINIZER''S REPORT
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raghuvansh Agrofarms Ltd (BSE: 538921) conducted a postal ballot (e-voting from Feb 23 to Mar 25, 2026) to seek shareholder approval for two special resolutions. Both resolutions were passed with 100% votes in favour and zero votes against. Resolution 1 approves the shifting of the company's registered office from Delhi to Kanpur, Uttar Pradesh, citing operational efficiency and better management control. Resolution 2 approves the consequent alteration of the Memorandum of Association. Out of 483 shareholders on the record date, 20 members holding 37,99,475 equity shares participated in the e-voting. The promoter group (25,15,300 shares) and public non-institutional shareholders (12,84,175 shares) both voted unanimously in favour. The change is still subject to approval from the Regional Director and filing with the Registrar of Companies.
This is an administrative/corporate restructuring move rather than an operational one. Once approved by the Regional Director, the company will be governed under Uttar Pradesh jurisdiction instead of Delhi. No direct impact on stock price or business fundamentals is expected, though the company notes it seeks better operational efficiency and management control.