Announced Thu, 30 Apr · 16:42 IST

Enclosed herewith the Scrutinizer"s Report of the Postal Ballot conducted by the Company.

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Skyline Ventures India Ltd conducted a postal ballot (remote e-voting) from March 30 to April 28, 2026, in which all 9 resolutions were passed with 99.99% shareholder approval. The key resolutions include: (1) appointment of two new Independent Directors - Mr. Ravindra Narasimha Aluri and Ms. K V L Priyanka; (2) acquisition of 100% equity shares of SPVO Two Point O Ventures Tech Private Limited; (3) increase in borrowing powers under Section 180(1)(c); (4) authorisation to sell/lease substantially the whole undertaking; (5) approval for investments under Section 186; (6) permission to accept NRI investments up to 24% of paid-up capital; (7) authorisation for board to investigate matters and recover losses; and (8) appointment of GVR and Associates as secretarial auditor for 5 years. Out of 3,966,668 total shares, 2,111,431 votes were cast (53.23% turnout), with 2,111,401 votes in favour and only 30 against. Notably, the promoter group holding 283,000 shares did not participate in voting at all.

Likely market impact

The acquisition of SPVO Two Point O Ventures Tech signals potential business expansion or diversification. Increased borrowing and investment powers give the board more financial flexibility. The NRI investment approval may facilitate foreign capital inflow. The near-unanimous voting (with promoters abstaining) suggests strong retail shareholder support, though investors should monitor how the acquired company performs and track promoter voting patterns going forward.