VOTING RESULTS REVISED PDF
Awaiting price reaction for this filing.
Kratos Energy and Infrastructure Ltd (BSE: 501261) held an Extra-Ordinary General Meeting on 12 April 2025 via video conferencing, where 5 special resolutions were passed. All resolutions were approved with 100% votes in favour and zero votes against. The resolutions included: (1) changing the main object of the company and altering the Object Clause III(A) of the MOA, (2) changing the name of the company, (3) amending the MOA, (4) amending the AOA, and (5) changes in other documents. Out of 10,00,000 total shares, 7,65,515 shares (76.55%) were polled, with promoter group voting 4,90,051 shares (100% in favour) and public non-institutions polling 2,75,464 of their 5,09,949 shares (54.01% turnout, all in favour). Only 8 shareholders attended via VC out of 92 on the record date. The scrutinizer, Roshan Raikar, confirmed the results on 13 April 2025.
The company is undergoing a significant restructuring, including a likely name change and a shift in its main business activities, which shareholders should monitor closely as it could change the company's strategic direction. With 100% approval across all resolutions and a small shareholder base (only 92 shareholders), the outcomes were effectively pre-determined, and no opposition was recorded from any voting shareholder.