Submission of Outcome of Postal Ballot Notice dated February 20, 2026
Awaiting price reaction for this filing.
Capfin India Ltd (BSE: 539198) concluded a Postal Ballot via remote e-voting between February 21 and March 22, 2026, with both resolutions passed with overwhelming shareholder support (99.9964% in favour, only 90 votes against out of 25,04,023 polled). The first resolution (Ordinary) approves an increase in the company's Authorised Share Capital along with a corresponding change to the capital clause of the Memorandum of Association. The second resolution (Special) approves the issuance of 16,10,000 equity shares on a private placement cum preferential basis. Promoter group (holding 19,44,558 shares) voted 100% in favour, while 56.30% of public non-institutional shares were polled. Total shareholder turnout was 85.22% on the cut-off date of February 13, 2026, with 1,027 shareholders on record.
Shareholders have cleared the way for a preferential share issuance, which will dilute existing equity holders and expand the company's capital base. Existing public shareholders should watch for the pricing, allottee identity, and timing of the preferential issue, as it will directly affect their shareholding percentage and potentially the stock price once the new shares are allotted.