Postal ballot: registered office shift to Haryana passed, MOA changes approved

Board & Shareholder Meetings View source PDF

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▲ 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

-5.3%1-day move

₹740.10

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————-5.3-3.7-2.7-0.0-3.4-0.3+0.7———

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AI summary

Riddhi Siddhi Gluco Biols announced results of its postal ballot (remote e-voting ended July 3, 2026). Both special resolutions passed with near-unanimous support. Resolution 1 (shifting registered office from Gujarat to Haryana and amending MOA) got 99.9999 percent in favour with 55,54,380 votes for and just 7 against. Resolution 2 (alteration of main object clause of MOA) got 100 percent in favour with 55,07,597 votes for and 2 against. Out of 3,929 shareholders, about 78 percent voting power was exercised. Results declared on July 6, 2026.

Likely market impact

Company will relocate registered office from Gujarat to Haryana and update its main business objects. Routine corporate restructuring, minimal price impact expected.