Newspaper cutting of Trinity mirror and Makkal Kural containing postal ballot E-Voting results

Price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close

+2.3%1-day move

₹60.59

prior close

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base price

After-mkt

timing

5m10m15m30m1D2D3D4D5D7D15D1M2M3M

————+2.3+8.5+4.5+4.7+4.8+5.6+12.2-0.6+4.8+1.7

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AI summary

Shareholders of Sugal & Damani Share Brokers Ltd approved changing the company's name from 'Sugal & Damani Share Brokers Limited' to 'Sugal Earthen Spaces Ventures Limited' through postal ballot (including e-voting). The resolution received overwhelming support with 99.998% votes in favor (47,25,933 out of 47,26,044 total votes). Promoter group voted 100% in favor while public shareholders approved with 99.944%. Only 100 votes were cast against out of 47,26,044 total votes. The scrutinizer's report was dated April 8, 2026.

Likely market impact

The company name change will take effect after completing regulatory formalities with ROC and BSE. This is a routine corporate action with no immediate impact on operations or stock fundamentals. The new name 'Sugal Earthen Spaces Ventures Limited' suggests possible business diversification beyond share broking.