Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 - Proceedings of Postal Ballot.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sprayking Ltd has concluded the voting period (June 27 to July 26, 2025) for its postal ballot notice, with results to be declared by July 29, 2025. The postal ballot covered four key proposals: (1) sub-division/stock split of equity shares, (2) alteration of the capital clause in the Memorandum of Association, (3) increase in authorised capital, and (4) further issue of equity shares on a rights basis. A record date for the share sub-division will be communicated separately. The company engaged NSDL for e-voting and appointed Ms. Mayuri Rupareliya as the scrutinizer for the process.
Shareholders should watch for the postal ballot results on July 29 and the upcoming record date announcement, as approval of the stock split and rights issue could significantly affect share price, liquidity, and potential dilution. The combination of a stock split alongside a rights issue suggests the company may be preparing to raise capital while making shares more affordable.