Scrutinizer''s Report of Postal Ballot through remote e-voting.
TATACONSUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Tata Consumer Products conducted a Postal Ballot via remote e-voting, with the last date of voting being October 23, 2025. The sole resolution was for approval of Material Related Party Transactions with Capital Foods Private Limited, passed as an Ordinary Resolution with the requisite majority. Of the total 98.95 crore equity shares, about 37.98 crore votes were polled (38.38% participation), with 99.99% voting in favour and only 43,967 votes (0.01%) against. Promoters and Promoter Group, being interested in the transaction, did not vote on the resolution. Public institutions voted 100% in favour, while public non-institutions voted 96.71% in favour.
The transaction with Capital Foods Private Limited is now formally approved by shareholders, clearing the way for Tata Consumer to proceed with the related party deal. With near-unanimous support from institutional investors, the vote outcome is unlikely to have any negative impact on the stock price.