Disclosure Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Proceedings of Postal Ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Times Green Energy (India) Ltd has concluded a postal ballot process that ran from February 13, 2026 (9:00 AM) to March 14, 2026 (5:00 PM), with NSDL providing the e-voting facility and Mr. Jigar Kumar Gandhi acting as Scrutinizer. Shareholders were asked to vote on two key proposals: (1) approval for the issue of bonus shares, and (2) approval for the appointment of statutory auditors to fill a casual vacancy. The results, along with the Scrutinizer's Report, are scheduled to be declared on or before March 17, 2026, and will be shared with the stock exchanges within the prescribed timelines. The postal ballot was conducted under SEBI Listing Regulations and the Companies Act, 2013.
The proposed bonus share issue could be positive for shareholders in the short term, as it typically increases share liquidity and is often viewed favorably by the market. The auditor appointment appears to be a routine fill-in for a casual vacancy, so it is unlikely to materially affect the stock. Investors should watch for the voting results due by March 17, 2026, to gauge shareholder approval levels on the bonus issue.