Voting Results along with Scrutinizer Report under Regulation 30 and 44 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2025
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Sai Capital Limited conducted a Postal Ballot through remote e-voting that concluded on March 29, 2026, and all 11 resolutions were passed with overwhelming majority. The resolutions included a special resolution to enhance the company's overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, and 10 ordinary resolutions approving material related party transactions involving its subsidiaries (Butterfly Ayurveda, Health Care Energy Foods, Unisphere Industries) and key managerial personnel. Out of 2,912 shareholders, only 43 participated, with 18,51,681 votes polled (about 64.31% of outstanding shares), of which 99.9985% voted in favour. For Resolution 10, where promoters were interested, promoters abstained and only public non-institutional shareholders voted (55,481 shares, 99.95% in favour). Ritu Mahajan & Associates, Practicing Company Secretary, acted as the scrutinizer and confirmed all resolutions were passed with the requisite majority.
Shareholders have approved a higher borrowing ceiling for the company, giving management more flexibility to raise debt, and have also cleared multiple related party transactions within the Sai Capital group. These are procedural/regulatory approvals and are unlikely to have a direct impact on the stock price, though they enable the company and its subsidiaries to proceed with planned transactions and financing activities.