Result / Proceedings of the Postal Ballot Pursuant to Regulation 30 read with Part-A of Schedule III and Disclosure in terms of Regulation 44(3) of the SEBI (Listing Obligations and Disclosure ....
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Triochem Products Limited has informed BSE that members approved a Special Resolution through Postal Ballot (remote e-voting from Nov 13 to Dec 12, 2025) to sell the company's immovable property in Maharashtra to a Related Party. Promoters and Promoter Group, who are themselves the Related Party, held 1,68,190 shares and abstained from voting. Out of 76,810 shares held by public non-institutional shareholders, only 14,000 shares (18.23%) were voted, and all 14,000 voted in favor with zero dissent. Total voting turnout was just 5.71% of outstanding shares. The Scrutinizer's Report confirmed the resolution was passed on December 12, 2025.
Approval allows the company to monetize a Maharashtra property via a sale to its promoters, which minority shareholders should watch closely for valuation fairness. The unanimous assent among voting shareholders and absence of any dissent reduces immediate governance friction, though the very low voter turnout (5.71%) limits how representative the result is.