Regency Ceramics Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
REGENCERAM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Regency Ceramics Limited has announced the results of a postal ballot conducted through e-voting from February 27 to March 28, 2026. Two Ordinary Resolutions were passed approving material Related Party Transactions with Ms. Radhika Prasad Narala, who is a Promoter and Non-Executive Director of the company. Resolution 1 (approve material RPTs) and Resolution 2 (approve and ratify RPTs) both passed with overwhelming shareholder approval - approximately 99.97% votes in favor from public shareholders. Notably, the Promoter and Promoter Group holding 15,978,125 shares did not participate in voting (abstained), likely due to their interest in the related party transactions. Total voter turnout was 13.63% of outstanding shares, with 123 shareholders participating via e-voting.
The passing of these related party transaction resolutions means the company can continue business dealings with Ms. Radhika Prasad Narala. The promoter group's abstention from voting is standard practice for related party matters, and the strong public approval validates the transactions from an independent governance perspective.