Shilpa Medicare Limited has informed the Exchange about Copy of Newspaper Publication regarding Postal Ballot notice of the Company.
SHILPAMED · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shilpa Medicare Limited has published a Postal Ballot Notice informing shareholders about a Special Resolution to shift the company's registered office from one state to another and alter the Memorandum of Association's situation clause. Voting will take place via remote e-voting from 24 May 2026 to 22 June 2026, with results announced by 24 June 2026. The company's Q4 FY2026 standalone total income was Rs 20,111 lakhs (consolidated: Rs 43,699 lakhs), while full-year consolidated total income stood at Rs 1,53,887 lakhs, up from Rs 1,28,643 lakhs in FY2025. Net profit after tax (consolidated) for FY2026 was Rs 24,333 lakhs, nearly triple the previous year's Rs 7,830 lakhs. The Board has recommended a final dividend of Rs 0.60 per equity share (face value Re. 1) for FY 2025-26.
The proposed relocation of the registered office to another state is a significant corporate change that may alter the company's regulatory jurisdiction. The strong financial performance and dividend recommendation are positive signals for shareholders, though the outcome of the postal ballot will determine whether the relocation proceeds.