Kalind Limited announced the results of its postal ballot process conducted pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014. The postal ballot notice was dated 3rd June, 2026 and sought member approval for three special business items.
Resolutions Approved
1. Sub-Division (Stock Split): Every 1 equity share of face value of ₹10 each into 5 equity shares of face value of ₹2 each
2. Alteration of Capital Clause: Of the Memorandum of Association of the Company
3. Bonus Shares: Approval for issue of bonus shares
Voting Results
All three resolutions were passed as ordinary resolutions with requisite majority:
Resolution 1 (Stock Split):
- Total valid votes cast: 35,462,285 (29.0937% of outstanding shares)
- Votes in favor: 35,435,846 (99.9254%)
- Votes against: 26,439 (0.0746%)
Resolution 2 (Capital Clause Alteration):
- Total valid votes cast: 35,462,285 (29.0937% of outstanding shares)
- Votes in favor: 35,435,846 (99.9254%)
- Votes against: 26,439 (0.0746%)
Resolution 3 (Bonus Issue):
- Total valid votes cast: 35,462,275 (29.0937% of outstanding shares)
- Votes in favor: 35,435,836 (99.9254%)
- Votes against: 26,439 (0.0746%)
Voting Process Details
- Scrutinizer: Ms. Riddhi Shah, Practicing Company Secretary
- Result Declaration: By Mr. Ayush Dharmendrabhai Jasani, Vice Chairman & Managing Director on 6th July, 2026
- Cut-off date: 29th May, 2026
- Total shareholders on record date: 11,528
- Voting period: 6th June, 2026 (9:00 AM IST) to 5th July, 2026 (5:00 PM IST)
- Voting method: Remote e-voting through NSDL
- Dispatch date: Postal ballot notice dispatched via email on 4th June, 2026
Shareholding Pattern
- Promoter and Promoter Group shares: 17,235,716
- Public Institution shares: 866,398
- Public Non-Institution shares: 103,787,886
- Total outstanding shares: 121,890,000
Next Steps
The voting results and scrutinizer report will be uploaded on the company's website at www.kalindlimited.com.