Outcome of Postal Ballot along with Scrutinizer Report under Regulation 30 & 44 of SEBI (Listing Obligations and Disclosure Reequipments) Regulation, 2015
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sai Capital Limited conducted a postal ballot (remote e-voting) that concluded on March 29, 2026, with all 11 resolutions approved by shareholders with overwhelming majority (~99.99% in favor). Out of 2,912 shareholders, votes representing 64.31% of outstanding equity (18,51,681 shares) were polled. Resolution 1 (Special) enhances the company's overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013. Resolutions 2–11 are ordinary resolutions approving material related party transactions involving the company's subsidiaries (Butterfly Ayurveda Pvt Ltd, Health Care Energy Foods Pvt Ltd, Unisphere Industries) and various related parties including directors and KMPs. The promoter group, which holds 73.7% of equity, voted 100% in favor of all non-interested resolutions; promoters abstained from Resolution 10 where they were declared interested (related to Director Mr. Ankur Rawat).
The approved borrowing limit enhancement gives Sai Capital greater financial flexibility for future expansion or debt-raising, which could be positive for growth but may also increase leverage risk. The RPT approvals are largely intra-group housekeeping items involving subsidiaries and related parties, with minimal material impact for outside shareholders given near-unanimous promoter backing and low public participation (only 7.33% of public non-institutions voted).