In reference to our letter dated 12.05.2025 the consent of the Member has been granted for the attached resolutions please fined enclosed along with scrutinizer report
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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Times Guaranty Limited has announced the results of its Postal Ballot conducted through remote e-voting between May 14 and June 12, 2025. Two resolutions were put to vote and both passed with 100% approval: (1) regularization of Mrs. Anita Rajendra Malusare as Non-Executive Director (Ordinary Resolution), and (2) approval to change the company's name along with corresponding amendments to the Memorandum and Articles of Association (Special Resolution). Of the 8,993,149 outstanding shares, 6,911,501 shares (76.85%) participated in voting, with only 1 vote cast against each resolution. The scrutinizer, Mohammed Aabid of Aabid & Co., Company Secretaries, confirmed both resolutions were passed with the requisite majority on June 12, 2025.
Both resolutions received overwhelming shareholder support, signalling strong alignment between promoters and public shareholders. The name change is a notable corporate action that may affect brand identity and possibly trading symbols on BSE and NSE in due course, but the immediate impact is procedural with no change in business operations.