Disclosure of Voting Results of Postal Ballot ( E-Voting) along with Scrutinizer''s Report
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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.
Trescon Limited filed postal ballot voting results on July 18, 2025, for an Ordinary Resolution seeking approval of Material Related Party Transaction(s) with related parties, originally notified on May 20, 2025. The e-voting window ran from June 18, 2025 to July 17, 2025, with the cut-off date being June 13, 2025 and 7,570 shareholders on record. Out of 7,24,86,600 total equity shares, only 22,23,059 votes (3.07%) were polled, with 93.93% in favour and 6.07% against. The resolution was declared passed with the requisite majority, and the scrutinizer's report was issued by M/s. AVS & Associates.
This is a routine compliance filing confirming shareholder approval for related party transactions, but the very low polling of just 3.07% — with promoters (~47% of shares) and institutional holders abstaining entirely — means the result reflects only public retail participation. Retail investors should keep an eye on the actual related party deals being executed under this approval, as such transactions can sometimes carry governance concerns.