Submitting herewith the Outcome of Postal Ballot notice dated March 18, 2026 along with Scrutinizer Report
Awaiting price reaction for this filing.
Filtron Engineers Ltd held a postal ballot for 8 resolutions, all of which were approved by shareholders with overwhelming majority (99.99% in favor). The key appointments include Mr. Jayesh Sheshmal Rawal and Mr. Tarak Bipinchandra Gor as Managing Directors, and Mr. Ankit Jayesh Rawal as Non-Executive Director. Additionally, shareholders approved expansion of borrowing and investment limits, shifting the registered office within the same state, and alteration of the company's main objects clause in the Memorandum of Association. Notably, the promoter group did not participate in voting (0 votes), with all voting conducted by public non-institutional shareholders at 80.61% turnout.
Shareholders approved significant governance changes including dual Managing Director appointments and expansion of the company's main business objects. The promoter family's entry onto the board through Ankit Jayesh Rawal (who shares the surname Rawal with existing Managing Director Jayesh Sheshmal Rawal) signals potential consolidation of family control. The approval of expanded borrowing and investment limits gives the company more financial flexibility for future growth.