Gujarat Kidney and Super Speciality Limited has disclosed the results of its postal ballot conducted through remote e-voting regarding variation in the objects/terms of utilization of Initial Public Offering (IPO) proceeds.

The company sought shareholder approval through a special resolution for variation in IPO proceeds utilization. The postal ballot notice was dated July 9, 2026, and the voting concluded on August 22, 2026, at 5:00 PM IST.

Voting Process and Timeline

  • Remote e-voting period: July 24, 2026 (9:00 AM IST) to August 22, 2026 (5:00 PM IST)
  • Cut-off date for eligibility: July 17, 2026
  • Scrutinizer: Ashish Doshi, Partner of SPANJ & ASSOCIATES, Company Secretaries
  • Electronic voting system provided by MUFG Intime India Private Limited
  • Votes were unblocked on August 22, 2026, at 5:53 PM IST in the presence of two witnesses: Mr. Krutarth Raval and Mr. Jitendra Leeya

Voting Results

Special Resolution: Variation in IPO Proceeds Utilization

  • Total valid votes cast: 56,902,667
  • Votes in favor: 56,900,889 (99.9969%)
  • Votes against: 1,778 (0.0031%)
  • Number of members voted: 57
  • Invalid votes: 0
  • Members abstained from voting: 2 members (1 vote)

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 56,333,900
  • Votes polled: 56,333,900 (100.00% of shares held)
  • Votes in favor: 56,333,900 (100.00%)
  • Votes against: 0 (0.00%)

Public Institutions

  • Shares held: 4,944,896
  • Votes polled: 54,125 (1.0946% of shares held)
  • Votes in favor: 54,125 (100.00%)
  • Votes against: 0 (0.00%)

Public Non-Institutions

  • Shares held: 17,564,454
  • Votes polled: 514,642 (2.9300% of shares held)
  • Votes in favor: 512,864 (99.6545%)
  • Votes against: 1,778 (0.3455%)

Overall Participation

  • Total outstanding shares: 78,843,250
  • Total votes polled: 56,902,667 (72.1719% of outstanding shares)