Announced Tue, 23 Jun · 18:28 IST
Postal Ballot Results: Promoter Reclassified to Public Category
Board & Shareholder Meetings View source PDF
SUYOG · price
▲ 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
-1.2%1-day move
₹822.15
prior close
₹831.50
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.3+0.1-0.2-1.3-1.2-1.6-0.2+1.9+5.5+7.2+5.0+3.5——
Up moveDown movePending
AI summary
Suyog Telematics has submitted postal ballot voting results along with the scrutinizer's report. The only resolution put to members was the reclassification of a member from the Promoter or Promoter Group category to the Public category. The resolution was passed with the requisite majority through remote e-voting. The results and scrutinizer's report are available on the company's website.
Likely market impact
A promoter moving to the public category reduces promoter holding and increases public float, which may affect shareholding pattern and liquidity.