Announced Mon, 4 May · 12:40 IST

Scrutinizer''s Report and Voting Results for the Postal Ballot Notice dated 27th March 2026.

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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

+3.6%1-day move

₹51.60

prior close

₹50.25

base price

In-mkt

timing

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AI summary

Rungta Irrigation Ltd has successfully passed an ordinary resolution to increase its Authorised Share Capital and make consequential amendments to the Capital Clause of its Memorandum of Association. The postal ballot was conducted via remote e-voting from April 2, 2026 to May 1, 2026. The resolution received overwhelming approval with 17,449,713 votes in favor (99.9995%) versus only 85 votes against out of 17,449,798 valid votes. Promoter and public shareholders both participated strongly, with overall voter turnout at 87.59% of outstanding shares. The resolution is deemed passed as of May 1, 2026.

Likely market impact

The increase in authorised share capital gives the company flexibility to issue additional shares in the future, which could be used for fundraising, acquisitions, or other corporate purposes. However, this filing does not commit to any immediate capital deployment.