Compliance with SEBI (LODR) Regulations, 2015 - Submission of Scrutinizer''s Report on resolution passed through Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Times Green Energy (India) Ltd has submitted the Scrutinizer's Report on its Postal Ballot that closed on 14 March 2026. Two ordinary resolutions were passed with 100% votes in favor and zero dissent. Resolution 1 was the approval for issue of bonus shares, and Resolution 2 was the approval for appointment of statutory auditors to fill a casual vacancy. A total of 7 shareholders cast votes representing 15,50,265 shares (55.62% of the 27,87,200 outstanding shares). Promoters and promoter group (holding 11,08,000 shares) voted 100% in favor on both resolutions. Public non-institutional shareholders had a low turnout of 26.34%, with 4,42,265 shares out of 16,79,200 voted. The scrutinizer was Jigarkumar Gandhi of JNG & Co. LLP.
The bonus share issue approval is a significant corporate action that will increase the number of outstanding shares and could improve liquidity, though the exact bonus ratio is not mentioned in this filing. The auditor appointment ensures statutory compliance. With zero dissent on both resolutions, the outcomes reflect strong shareholder consensus, though low public participation (26.34%) is worth noting.