Rainbow Childrens Medicare Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot and voting results.
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Rainbow Childrens Medicare shareholders have approved a special resolution authorising the company to give loans under Section 185 of the Companies Act, 2013, via postal ballot. The remote e-voting was held from August 29 to September 27, 2025. Out of 10,15,59,156 total shares, 8,99,05,212 shares (88.52%) were polled, with 98.37% voting in favour and just 1.63% against. Promoters voted 100% in favour, while public institutions voted 95.74% in favour and public non-institutions 99.94% in favour. The resolution was passed with overwhelming majority and the scrutinizer confirmed the process was fair and transparent.
This is a routine corporate governance resolution that gives the board standing approval to extend loans (typically to subsidiaries or group companies) under Section 185 of the Companies Act. It does not signal any immediate operational change, new business, or financial event, and is unlikely to have a direct impact on the stock price.