Postal Ballot notice published in newspaper
SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shilpa Medicare Ltd is seeking shareholder approval via postal ballot (e-voting) for a Special Resolution to shift its registered office from one state to another, along with altering the Situation Clause of the Memorandum of Association. The e-voting period runs from May 24, 2026 to June 22, 2026, with the cut-off date for determining eligible voters being May 15, 2026. The resolution requires approval from 75% of voting shareholders. Additionally, the filing includes FY26 financial results showing Total Income of Rs 59,703 lakhs (up 25% from Rs 47,741 lakhs) and Net Profit after Tax of Rs 13,297 lakhs (up 96% from Rs 6,789 lakhs). The Board has recommended a final dividend of Rs 0.60 per equity share for FY 2025-26.
Shifting the registered office across states is a significant corporate action that may have tax, regulatory, and operational implications. The strong financial performance and dividend recommendation are positive signals for shareholders.