Please find the attached Proceedings of the Postal Ballot
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
YOGI Limited (formerly Parsharti Investment Ltd.) conducted a postal ballot through remote e-voting, with results declared on April 5, 2025. Shareholders were asked to vote on two ordinary resolutions, both relating to Material Related Party Transactions (RPTs) under Section 188 of the Companies Act, 2013 and Regulation 23 of the SEBI Listing Regulations. Resolution 1 sought approval for subscription of Optionally Convertible Debentures (OCDs) with a related party, while Resolution 2 sought approval for acquisition of shares from/in a related party. The notice was dispatched on March 5, 2025, and e-voting was facilitated by NSDL. The cut-off date for eligible members was February 28, 2025. The document does not disclose the actual voting results (votes in favour/against) or the financial value of the proposed transactions.
Both resolutions involve material transactions with related parties, which typically signal significant capital-raising or restructuring activity involving promoters or group entities. Shareholders should watch for the detailed voting results and the size/nature of the OCD issue and share acquisition, as these could affect equity dilution, debt levels, and the company's capital structure. The lack of disclosed vote tallies in this summary is a gap investors should fill before drawing conclusions.