CHROME SILICON LIMITED

Resolution Details

The company sought shareholder approval for a special resolution: "Disposal of Plant & Machinery of Ferro Alloy Plant at Rudhraram Village, Patancheruvu Mandal, Sangareddy District, Telangana." The resolution was proposed under Section 180(1)(a) of the Companies Act, 2013 and required various approvals from statutory, regulatory, government authorities, and lenders.

Voting Process and Timeline

  • Cut-off date for determining voting eligibility: Wednesday, 17 June 2026
  • Postal Ballot Notice dated: 29 May 2026
  • Remote e-voting period: From 9:00 AM on 22 June 2026 to 5:00 PM on 21 July 2026 (IST)
  • Scrutinizer: CS S. Srikanth, Partner of M/s. B S S & Associates, Company Secretaries
  • Results declared by: Whole-Time Director (duly authorized by the Chairman) on 22 July 2026

Voting Results

The special resolution was passed by members with requisite majority on 21 July 2026 (last date of remote e-voting).

Overall Voting Results:

  • Total outstanding shares: 16,394,350
  • Total votes polled: 9,408,733 (57.3901% of outstanding shares)
  • Votes in favor: 9,408,645 (99.9991% of votes polled)
  • Votes against: 88 (0.0009% of votes polled)
  • Invalid votes: 0

Category-wise Breakdown:

Promoter and Promoter Group:

  • Outstanding shares: 6,616,142
  • Votes polled: 2,351,815 (35.5466% of category shares)
  • Votes in favor: 2,351,815 (100% of votes polled)
  • Votes against: 0

Public Institutions:

  • Outstanding shares: 1,410
  • Votes polled: 0 (0% of category shares)
  • Votes in favor: 0
  • Votes against: 0

Public Non-Institutions:

  • Outstanding shares: 9,776,798
  • Votes polled: 7,056,918 (72.1803% of category shares)
  • Votes in favor: 7,056,830 (99.9988% of votes polled)
  • Votes against: 88 (0.0012% of votes polled)

Scrutinizer's Report Details

  • Scrutinizer: B S S & Associates, Company Secretaries, Hyderabad
  • Report date: 22 July 2026
  • Total members who voted: 81
  • Total valid votes cast: 9,408,733
  • Votes in favor: 9,408,645 (100.00% of valid votes)
  • Votes against: 88 (0.0009% of valid votes)
  • Invalid votes: 0

Additional Information

The voting results and scrutinizer's report have been uploaded on the company's website at www.chromesilicon.com. The company was formerly known as VBC Ferro Alloys Ltd (CIN: L27101TG1981PLC003223).