Submission of Result of Postal Ballot (Conducted Through E-voting process) along with Scrutinizer''s report as per Regulation 44 and all other applicable regulation , If any of SEBI LODR ....
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Veefin Solutions Ltd submitted the results of a postal ballot conducted via e-voting, which concluded on July 18, 2025. Two special resolutions were put to shareholders: (1) approval under Section 180(1)(a) of the Companies Act, 2013 (typically relating to borrowing limits or selling/creating charges on company assets), and (2) approval of material related party transactions for FY 2025-26. Both resolutions were passed with overwhelming support — 99.83% of votes polled were in favour and only 0.17% against. However, voting turnout was low at just 6.56% of total outstanding shares (about 15.7 lakh shares out of 2.4 crore). Notably, the promoter group (holding roughly 35% of shares) did not vote on either resolution. The second resolution on related party transactions was one where promoters were declared interested.
Both resolutions passed comfortably, clearing the way for the company to either expand borrowing capacity or undertake asset transactions, and to execute related party deals in FY 2025-26. Low voting turnout and promoter abstention on a related-party resolution could be a minor governance flag for some investors, but the outcome itself was a clear approval.