SINGERIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Singer India announced the results of a Postal Ballot conducted via e-voting from November 13 to December 12, 2025, for a Special Resolution to issue up to 5,65,397 equity shares on a preferential basis to a Non-Promoter category entity. A total of 145 members holding 2,54,83,758 shares participated in the voting, with 98.15% voting in favour and only 1.85% against the resolution. The Scrutinizer (Varuna Mittal & Associates, Company Secretaries) confirmed that the resolution has been passed with the requisite majority. The promoter group declared no interest in the resolution.
Shareholders have approved the preferential equity issuance of up to 5.65 lakh shares to a non-promoter entity, which will result in modest equity dilution and could lead to a change in the non-promoter shareholding structure. Investors should watch for further disclosures on the allotment price and the identity of the allottee.