Voting results along with Scrutinizers Report.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Rich Universe Network Limited conducted a Postal Ballot (notice dated June 24, 2025) with voting closing on July 24, 2025, covering three resolutions, all of which were passed. Resolution 1 (Ordinary) approved an increase in the Authorised Share Capital, receiving 10,70,450 votes in favour (99.998%) versus just 13 against. Resolution 2 (Special) approved the alteration of the Object Clause of the Memorandum of Association and adoption of a new MOA, with 10,70,449 votes in favour (99.998%) and 14 against. Resolution 3 (Special) approved the adoption of a new set of Articles of Association, with 10,70,450 votes in favour (99.998%) and 13 against. On a cut-off date of June 20, 2025, the company had 1,925 shareholders holding 72,52,800 shares, of which only about 10.70 lakh shares (roughly 14.8%) were polled, indicating low shareholder participation. Scrutinizer M/s. SCS and Co. LLP (CS Abhishek Chhajed) certified the process as fair and transparent.
All three resolutions sailed through with near-unanimous support, clearing the way for the company to raise its authorised share capital and update its constitutional documents to align with the Companies Act, 2013. This paves the path for potential future fundraising or expansion, though the very low voting turnout means approval came from a small fraction of the shareholder base.