Outcome of the Postal Ballot through remote e-voting under Regulation 44 of SEBI (LODR) Regulations 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raja Bahadur International Ltd conducted a postal ballot via remote e-voting from March 7 to April 5, 2026, for two Special Resolutions. Both resolutions were passed unanimously with 100% votes in favour (1,78,673 votes) and zero votes against. Resolution 1 approved enhancement of borrowing limits under Section 180(1)(c) of the Companies Act, and Resolution 2 approved enhancement of limits for creation of security on assets under Section 180(1)(a). Total voter turnout was 71.47% of outstanding shares. The resolutions give the company greater flexibility to raise debt and create charges on its assets, which may be used for future business expansion or refinancing.
Both resolutions passed with overwhelming shareholder support, giving the company more financial flexibility. The passing of these resolutions may be positive for the stock as it indicates management confidence and enables the company to pursue growth opportunities requiring debt financing.