Postal Ballot notice published in news paper.
SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shilpa Medicare Limited has issued a Postal Ballot Notice seeking shareholder approval via special resolution for shifting its registered office from Karnataka to another state, along with altering the situation clause of its Memorandum of Association. The e-voting period runs from May 24, 2026 to June 22, 2026. Concurrently, the company reported strong FY2026 standalone results with total income of ₹1,53,887 lakhs (up 19.6% YoY) and net profit after tax of ₹24,333 lakhs (up 210.5% YoY). EPS for the year stands at ₹12.44 compared to ₹4.02 in the previous year. The Board has recommended a final dividend of ₹0.60 per equity share (face value Re.1/-) for FY2025-26.
The office relocation proposal requires shareholder approval and indicates potential strategic changes in the company's registered jurisdiction. The strong financial performance with more than 3x profit growth and dividend declaration are positive signals for investors.