Please find attached herewith e-voting results of the postal ballot 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.
Ultracab (India) Ltd has announced the results of its postal ballot (conducted via remote e-voting from January 9, 2026 to February 7, 2026). All three ordinary resolutions were passed by the members with the requisite majority. The first two resolutions approved material related party transactions with Jigar Cables Limited and Jigar Polymers Limited, each receiving 94.65% votes in favor (~2.03 million shares) and 5.35% against (~1.14 lakh shares). The third resolution ratified the remuneration of the Cost Auditor for FY ending March 31, 2026, and received near-unanimous support with 99.80% votes in favor (~2.9 crore shares) and just 0.20% against. The scrutinizer was Mr. Piyush Jethva, Practicing Company Secretary.
Approval of the two related party transactions clears the way for Ultracab to proceed with its dealings with Jigar Cables and Jigar Polymers, both likely group entities. Cost auditor remuneration being ratified is a routine governance step and poses no material concern. Low shareholder turnout on the related party resolutions (~1.74% of paid-up capital voted) limits broader market signal, but rejection risk was never material.