Sikko Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
SIKKO · price
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Sikko Industries Limited has completed a postal ballot process for a special resolution to alter the Main Object Clause of its Memorandum of Association (MOA). The voting took place from March 11, 2026 to April 9, 2026, with results declared on April 10, 2026. Out of 436.8 million total shares, 246.63 million votes were cast (56.46% turnout). The resolution was passed with overwhelming support: 246.63 million votes in favor (99.9998%) versus only 610 votes against (0.0002%). Promoter and Promoter Group holding 240.08 million shares participated with 95.70% turnout, all voting in favor. Public non-institutions showed 10.43% participation with 99.996% voting in favor.
The resolution has been passed with near-unanimous approval, allowing the company to modify its Main Object Clause in the MOA. This signals a potential expansion or change in the company's core business activities, which could be positive for future growth prospects.