Outcome of Postal Ballot Completed on 12th June, 2025.
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Trans India House Impex Limited has informed BSE that shareholders approved, with requisite majority, the proposal to increase the Authorised Share Capital of the Company along with the corresponding alteration in Clause V of the Memorandum of Association. The approval was granted through a Postal Ballot via remote e-voting, with the e-voting period closing on June 12, 2025. The resolution was passed as an Ordinary Resolution. The company has clarified that additional details required under SEBI regulations were already disclosed earlier on May 3, 2025.
The increase in authorised share capital gives the company flexibility to issue new shares in the future, which could be used for fundraising, expansion, or acquisitions. However, it does not result in any immediate dilution; actual share issuance would require a separate approval.