BSEUnited Van Der Horst LtdMediumNeutral
Announced Tue, 11 Nov · 19:06 IST

Please find enclosed herewith Scrutinizer''s Report of Postal Ballot

Board & Shareholder Meetings View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

United Van Der Horst Ltd has announced the results of a postal ballot conducted from October 9 to November 7, 2025. Shareholders were asked to vote on two ordinary resolutions: (1) sub-division/split of equity shares, and (2) alteration of the Capital Clause of the Memorandum of Association. Both resolutions were passed with overwhelming approval, receiving 99.99% of votes in favour, with only 1,358 votes against out of 98,15,790 votes polled (71.18% of the total 1,37,90,000 outstanding shares). Promoters, holding 1,03,34,170 shares, voted 100% in favour, while public non-institutional holders showed 99.16% support. The scrutinizer was Sameer Shinde of AMS and Partners LLP, and voting was conducted via the MUFG e-voting platform.

Likely market impact

The stock split resolution has been approved by shareholders, meaning the company can now proceed with the sub-division of equity shares, which typically aims to improve share liquidity and make the stock more affordable for retail investors. Shareholders should watch for further announcements regarding the record date and the new face value of the shares.