Voting Results of Postal Ballot and Report of Scrutinizer is enclosed.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Shree Krishna Paper Mills & Industries Ltd conducted a Postal Ballot through remote e-voting from December 17, 2025 to January 15, 2026, with results announced on January 16, 2026. All five resolutions were passed with overwhelming majority (99.99% in favour). The resolutions covered: (1) appointment of Mrs. Devika Ohri as Independent Director, (2) increase in borrowing limits under Section 180(1)(c), (3) approval to sell/lease/mortgage the undertaking under Section 180(1)(a), (4) related party transactions with Busimatix Global LLP, and (5) related party transactions with Gopala Sales Private Limited. Out of 1,35,21,680 total shares, 1,15,35,954 votes were polled (85.31% turnout), with only 558 votes against any resolution. The promoter group (holding 57,12,680 shares) voted 100% in favour, while the public non-institutional category voted 99.99% in favour.
All five resolutions have been cleared, giving the company board authority to appoint a new Independent Director, raise additional borrowings, dispose of company assets, and proceed with related-party transactions. The near-unanimous approval, including full promoter support, signals strong internal alignment on the company's strategic direction, though asset disposal and higher borrowing approvals may warrant attention from minority shareholders.