Tilaknagar Industries Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.
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Tilaknagar Industries conducted a Postal Ballot via remote e-voting between July 25 and August 23, 2025, with all 5 special resolutions approved by shareholders. The resolutions include the re-appointment and remuneration of Mrs. Shivani Amit Dahanukar as Executive Director (92.15% in favour), an increase in the company's borrowing powers under Section 180(1)(c) (99.59% in favour), an increase in limits for creating mortgage or charge on assets under Section 180(1)(a) (99.59% in favour), approval for raising funds through issuance of securities in one or more tranches (99.23% in favour), and an increase in limits for investments, loans and guarantees under Section 186 (92.08% in favour). Out of 1,24,120 shareholders holding 19.38 crore shares, about 67.74% of equity participated in the voting. Promoters voted unanimously in favour across all resolutions.
Shareholders have cleared the way for the company to raise additional capital, increase its debt capacity, and expand investment activities, which could support future growth but may also lead to equity dilution or higher leverage. The re-appointment of Mrs. Dahanukar ensures continuity in executive leadership.