Announced Tue, 23 Jun · 16:36 IST
Postal ballot result: registered office shift to another state approved
Board & Shareholder Meetings View source PDF
SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-2.3%1-day move
₹584.90
prior close
₹585.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
+0.4+1.0+0.5+1.1-2.3-1.7+2.6-2.4+2.6+1.9+8.9+3.2——
Up moveDown movePending
AI summary
Shilpa Medicare shareholders approved a special resolution via postal ballot to shift the registered office from one state to another and alter the Memorandum of Association. Of 10.73 crore votes cast, 99.99 percent were in favor and 0.01 percent against. E-voting ran from May 24 to June 22, 2026. Scrutinizer VCAN and Associates confirmed the resolution passed with the requisite majority on June 23, 2026.
Likely market impact
Registered office move to another state approved with near-unanimous shareholder support. Mostly a procedural change with limited direct price impact.