Roto Pumps Limited has submitted the Exchange a copy of Srutinizers report of Postal Ballot along with a copy of minutes.
ROTO · price
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Awaiting price reaction for this filing.
Roto Pumps Limited has announced the results of a postal ballot conducted via remote e-voting from May 27 to June 25, 2025. Two ordinary resolutions were put to shareholders: (1) Issue of Bonus Equity Shares, which was passed with 99.998% votes in favour (33,040,869 shares in favour vs 726 against), and (2) Increase in Authorised Share Capital and consequent alteration to the Capital Clause of the Memorandum of Association, passed with 99.997% votes in favour. Out of 44,829 eligible shareholders, 190 voted, representing 52.601% of the paid-up share capital. The Scrutinizer, Shailesh Dayal, certified both resolutions as having been passed with the requisite majority.
Shareholders have approved the issuance of bonus equity shares, which will increase the number of shares held by investors (though the specific bonus ratio was not disclosed in this filing). The authorised capital increase enables the company to issue these bonus shares. Existing shareholders should watch for a separate record-date announcement, which will determine eligibility for the bonus issue.