VOTING RESULTS OF POSTAL BALLOT ALONG WITH SCRUTINIZERS REPORT.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Standard Surfactants Limited concluded a postal ballot (e-voting period: 15 Feb to 16 Mar 2026) on a single special resolution to issue convertible warrants on a preferential basis to members of the promoter and promoter group. Shareholders approved the resolution with overwhelming support: 3,425 votes (99.42%) in favour and only 20 votes (0.58%) against, out of 3,445 total valid votes polled. The company has 14,732 shareholders on record as of the cut-off date of 13 February 2026. The scrutinizer, Shivansh Tiwari, confirmed the e-voting was conducted fairly and transparently through NSDL, and the resolution was deemed passed on 16 March 2026.
The approval paves the way for the promoter group to subscribe to convertible warrants, likely resulting in a fresh equity infusion and an increase in promoter shareholding once converted. Existing public shareholders should monitor the warrant conversion price and timeline, as preferential allotments to promoters can lead to equity dilution.