The Voting Results along with Scrutinizer Report for the Postal Ballot Notice dated 10th November 2025, Voting ended on 18th December 2025.
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Awaiting price reaction for this filing.
VTM Ltd disclosed the results of its Postal Ballot (e-voting) that closed on December 18, 2025. Four resolutions were put to shareholders, and all four passed with the requisite majority. Total voting participation was 68.39% of outstanding shares (68.77 lakh shares), and 100% of polled votes were cast in favor of every resolution with zero votes against. The three special resolutions covered continuation of Mr. RM Somasundaram as Non-Executive Director beyond age 75 and the second-term re-appointments of two independent directors — Mr. Ganesh Ananthakrishnan and Mr. L. Sevugan — for five years each from March 25, 2026. The one ordinary resolution approved a related party contract with M/s. Colour Yarns Private Limited. Promoters voted overwhelmingly (91.12% of their holding) in favor, while institutional and public participation in voting was very low.
This is a routine governance disclosure with no negative signals — all resolutions passed unanimously among voters, reinforcing management's control. The related party transaction approval with Colour Yarns Pvt Ltd may be worth monitoring for retail investors tracking group-company dealings, but no immediate material impact on share price is expected.