Submission of Scrutinizer Report for Postal Ballot
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Tejassvi Aaharam Limited (BSE: 531628) has submitted the voting results and scrutinizer's report for its postal ballot conducted via remote e-voting from February 25 to March 26, 2026. Two resolutions were passed: (1) an Ordinary Resolution to increase the authorised share capital and alter the Capital Clause of the Memorandum of Association, and (2) a Special Resolution approving a preferential issue of equity shares for consideration other than cash. Both resolutions were passed with 100% of votes in favour and zero votes against. However, participation was extremely thin — only 5 votes were cast (representing 5 shares out of 7,000,000) from public non-institutional shareholders, with zero participation from promoters or institutions. The record date was February 20, 2026, with 2,181 shareholders on record.
The company is gearing up to raise capital via a preferential equity issue paid for in kind (non-cash consideration), which could lead to dilution and a change in the shareholder mix. The authorised share capital is being expanded to accommodate this issuance. Voting participation from the broader shareholder base was negligible, so the resolutions were effectively approved by a handful of public shareholders, which is common in small-cap, thinly-traded companies like this one.