Nitco Limited discloses outcome of postal ballot seeking shareholder approval for a material related party transaction with Authum Investment & Infrastructure Limited.
Shareholders approved the resolution with 99.95% votes in favor, representing 4,733,710 votes cast through remote e-voting.
The scrutinizer confirmed the resolution passed on May 1, 2026, with 78 members voting in favor and 7 against the transaction.
The company complied with SEBI Listing Regulations by appointing a scrutinizer and using NSDL's e-voting platform for the process.