BSEPasupati Fincap LtdLowNeutral
Announced Fri, 13 Mar · 19:12 IST

We hereby submit the voting results of the EGM held on March 12, 2026.

Board & Shareholder Meetings View source PDF
Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Pasupati Fincap Ltd held an Extra-Ordinary General Meeting (EGM) on March 12, 2026, via video conferencing, where four special resolutions were put to vote. All four resolutions failed to secure the required 75% majority. Resolution 1 (change of company name) received 71.11% support but fell short; Resolution 2 (reduction of share capital) was heavily rejected with only 20.77% in favor; Resolution 3 (borrowing beyond paid-up capital under Section 180(1)(c)) got 66.91% support; and Resolution 4 (loans, investments, guarantees under Section 186) got 70.82% support. Only 7.3% of total shares were polled, with promoters abstaining entirely (zero votes cast) and only 25 public shareholders participating.

Likely market impact

Shareholders have blocked all four key proposals, including a potential name change and capital reduction, signaling investor dissatisfaction. The promoter's complete non-participation in voting and the failure of the borrowing capacity resolution could restrict the company's ability to raise additional funds for growth.