Outcome of Postal Ballot along with Scrutinizer''s Report
SRGHFL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
SRG Housing Finance Limited has successfully passed two special resolutions through postal ballot voting that concluded on May 28, 2026. The resolutions received overwhelming shareholder approval: the first concerning an increase in borrowing limits under Section 180(1)(c) passed with 99.9998% support (3,769,253 votes in favor vs 8 against), and the second authorizing creation of charges on company assets under Section 180(1)(a) passed with 99.9999% approval (3,769,256 votes in favor vs 5 against). Voting participation was low at only 24% of total outstanding shares, with the promoter group (holding ~37% of shares) participating fully while public non-institutions showed limited engagement at ~4.76% participation. The scrutinizer's report from Shiv Hari Jalan & Co. confirmed all votes as valid with no invalid votes recorded.
Shareholders have authorized the company to increase borrowing capacity and create asset charges to secure future debt, providing greater financial flexibility for business growth in the housing finance sector.