Please find enclosed the Voting Results of the EGM held on 2nd March, 2026.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Simplex Castings Ltd held an Extraordinary General Meeting on 2nd March 2026 via video conferencing, where shareholders voted on a single special resolution to create, offer, issue, and allot equity shares on a preferential basis. The resolution was passed unanimously, with 4,045,442 votes (100%) cast in favour and zero votes against, representing 52.04% of the total 7,774,143 outstanding shares. Promoter and promoter group voted 4,042,126 shares in favour (97.89% of their 4,129,126 holding), while public non-institutional shareholders polled only 3,316 votes (0.09% of their holding). The record date for voting eligibility was 23rd February 2026, with 4,009 shareholders on record.
Shareholders have approved a preferential issue of equity shares, which will dilute existing shareholdings. The 100% approval rate and strong promoter backing suggest the company is proceeding with a capital raise from select investors, though specific issue size and price details are not disclosed in this filing.