SHEMAROO: Shemaroo Entertainment Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Shemaroo Entertainment Limited announced the results of a postal ballot (conducted via remote e-voting from February 12, 2026 to March 13, 2026) on a special resolution for the issuance of equity shares to the Promoter and Promoter Group on a preferential basis. A total of 86 members cast 1,83,38,955 votes, with 99.86% (1,83,12,193 votes) in favour and just 0.14% (26,762 votes) against the resolution. The scrutinizer, Mr. Dipesh Gosar, confirmed that the resolution was passed with the requisite majority. Voting was conducted entirely through electronic means, with the cut-off date for eligible shareholders being February 6, 2026.
Existing public/minority shareholders will see their stake diluted once the preferential allotment to the promoter group is completed, though the overwhelming approval signals strong promoter confidence in the company. The near-unanimous support also reduces the risk of shareholder rebellion on capital-raising decisions going forward.