VISACHROMENSEVISA Chrome LimitedMediumNeutral
Announced Fri, 27 Mar · 18:54 IST

Visa Steel Limited has submitted the Exchange a copy Srutinizers report of Postal Ballot. Further, the company has informed the Exchange regarding voting results.

Corporate Actions View source PDF

VISACHROME · price

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

Price reaction · full curve 14 horizons · vs prior close
-0.8%1-day move
₹29.94
prior close
₹29.26
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AI summary

VISA Steel Limited has informed the exchanges about the results of a postal ballot conducted to seek shareholder approval for changing the name of the company, along with corresponding amendments to its Memorandum and Articles of Association. The voting was open from February 24, 2026 to March 25, 2026, with the cut-off date set as February 13, 2026. Out of 84,834,197 valid votes polled, 99.99% (84,831,948 shares) were cast in favor of the resolution, with only 2,249 shares (0.01%) voted against. The resolution was passed as a Special Resolution. Promoters and promoter group voted unanimously in favor, holding 60,977,167 shares that all voted yes.

Likely market impact

This is a routine corporate housekeeping matter with no direct financial impact on shareholders. Investors should watch for the new company name once formally changed and updated on BSE/NSE, which may affect how the stock is searched and tracked on trading platforms.