RESULTS OF POSTAL BALLOT NOTICE DATED 25TH JULY 2025.
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Awaiting price reaction for this filing.
Regis Industries Ltd (formerly Bhartia Bachat Limited) announced the results of its postal ballot conducted from July 31 to August 30, 2025. Two special resolutions were approved by members: (1) Issue of Bonus Equity Shares in the ratio of 1:2 (1 bonus share for every 2 shares held), and (2) Increase in Authorised Share Capital with corresponding alteration in the Capital Clause of the Memorandum of Association. Out of 17.21 crore total outstanding shares, 7.61 crore shares (44.21%) were polled, with virtually 100% voting in favour of both resolutions. The Scrutinizer, Ms. CS Daksha Negi, submitted her report confirming the approval on September 1, 2025.
Shareholders will receive 1 bonus share for every 2 shares they hold, which increases the total share count but dilutes per-share metrics. The authorised capital hike supports the bonus issue and future fundraising flexibility. Expect a ex-bonus price adjustment and watch for the record date announcement.