Announced Mon, 29 Jun · 15:05 IST
Postal Ballot Result: Special Resolution Passed for Land Sale
Board & Shareholder Meetings View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+0.4%1-day move
₹12.62
prior close
₹12.51
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+0.4+1.8-0.1+2.1+1.3-1.8-3.2———
Up moveDown movePending
AI summary
Rasi Electrodes shareholders approved a special resolution letting the Board sell or dispose of unencumbered company land. Of 8,110,301 valid votes, 99.70% were in favor and 0.30% against. Promoters with 7,057,795 shares voted 100% in favor. E-voting ran May 27 to June 27, 2026, and results were declared on June 29, 2026.
Likely market impact
Board now has shareholder approval to monetize company land; outcome for shareholders depends on sale price and use of proceeds.