Result of E -Voting with regard to the EGM of the Company
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thinkink Picturez Ltd held an Extra Ordinary General Meeting on May 8, 2026 via video conferencing. All four special resolutions were passed with significant majorities. The key resolutions include: (1) Approval to raise funds via Foreign Currency Convertible Bonds (FCCBs) with 87.06% votes in favour, (2) Increase in borrowing limits under Section 180(1)(c) of Companies Act with 85.89% in favour, (3) Approval for granting loans, guarantees, securities and investments with 87.06% in favour, and (4) Constitution of FCCB Committee with 87.06% in favour. Notably, the promoter group did not participate in voting (0 shares), and only public non-institutions voted with very low turnout of just 234 votes representing 0.0165% of outstanding shares. There was notable opposition of around 13-14% on all resolutions.
All resolutions passed, enabling the company to raise funds through FCCBs and expand borrowing/investment powers. The low promoter participation and significant dissent warrant monitoring for potential governance concerns.