Scrutinizer''s Report of Postal Ballot through remote e-voting
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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.
Spice Islands Industries Limited announced the results of a Postal Ballot conducted via remote e-voting from May 1 to May 30, 2025. Three ordinary resolutions seeking shareholder approval for Related Party Transactions with Ladhukara Trust, Ferry Automotive Private Limited, and Chapra Capital Ventures Private Limited were passed with the requisite majority. Only public shareholders participated, casting 3,191 votes (0.198% of public shareholding), with 3,144 votes (96.83%) in favour and 103 votes (3.17%) against each resolution. Promoters, who were interested in the Ladhukara Trust transaction, did not vote. No votes were declared invalid.
Routine approval of related party transactions with no material impact on share price. Low public participation (~0.2% of public shares) reflects limited retail interest in this small-cap company. Shareholders should monitor the actual RPT disclosures for transaction value and terms.