Outcome of Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sunrise Efficient Marketing Limited conducted a postal ballot (via e-voting from June 19, 2025 to July 18, 2025) to seek shareholder approval for migrating its equity shares from the SME platform of BSE to the Main Board of BSE. Out of 1,122 shareholders holding 1,50,00,000 total shares, 9,715,782 shares (64.77%) participated in the voting. Promoter and Promoter Group polled 79,43,532 shares (99.99% of their holding), while Public (Non-Institutions) polled 17,72,250 shares (25.12% of their holding). Every single vote cast was in favour of the resolution — there were zero votes against. The Special Resolution was therefore passed unanimously on July 18, 2025, as confirmed by Scrutinizer M/s. Dhirren R. Dave & Co., Company Secretaries.
Migration to the BSE Main Board is a positive development for shareholders — it typically improves stock liquidity, broadens investor participation (including institutional and FII buyers), and can lead to a valuation re-rating. However, the stock will need to meet mainboard listing norms, and existing shareholders may face revised trading lot sizes and price bands.