Scrutinizer Report of Postal Ballot
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Awaiting price reaction for this filing.
Yuranus Infrastructure Limited sought shareholder approval via postal ballot to alter the Object Clause of its Memorandum of Association. The special resolution was passed with 100% approval, as all 2,330,792 votes polled were cast in favor with zero votes against. E-voting ran from February 5, 2026 to March 6, 2026, and Scrutinizer Nayan Pitroda submitted his report on March 7, 2026. Notably, only about 66.6% of the 3.5 million outstanding shares participated in voting, with the promoter group (2,330,636 shares) voting entirely in favor and virtually no public institutional participation. Altering the object clause gives the company legal flexibility to expand into new lines of business or pivot away from its current activities.
This is a routine but significant corporate housekeeping step that expands the company's permitted business activities, potentially signalling a change in strategic direction. Shareholders should watch for follow-up announcements explaining what new business the company intends to pursue under the revised object clause.