Voting result of Postal Ballot under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.Voting result of Postal Ballot under Regulation 44 of SEBI ....
Awaiting price reaction for this filing.
IMP Powers Limited received shareholder approval for all 6 special resolutions through a postal ballot conducted via remote e-voting between November 21 and December 20, 2025. The resolutions cover: (1) appointing Mr. Naveen Kumar Singh (DIN: 06953675) as Whole-time Director designated as Executive Professional Director, (2) revising borrowing limits under Section 180(1)(c), (3) creating mortgage/charge under Section 180(1)(a), (4) adopting a new set of Articles of Association, (5) approving loans, guarantees, and investments up to INR 300 Crores, and (6) shifting the registered office from Silvassa to Ahmedabad. All resolutions passed with overwhelming support — 99.20% votes in favour (16,18,986 shares) against just 0.80% (13,014 shares), out of 16,32,000 votes polled (18.90% of outstanding shares). Promoters voted 100% in favour with 14,36,093 shares, while public non-institutions supported with 93.36% in favour.
The approval gives the company significant financial flexibility — a ₹300 Crore ceiling for loans, guarantees, and investments, plus revised borrowing limits — which could signal upcoming fundraising, expansion, or acquisition activity. The registered office shift to Ahmedabad aligns with the company's operational headquarters, while the new director appointment strengthens the management team.