Padam Cotton Yarns Limited submitted voting results and scrutinizer report for postal ballot resolutions to BSE Limited. The company provided remote e-voting facility to shareholders for resolutions set out in the Postal Ballot Notice dated May 30, 2026.
Voting Process Details
- Cut-off date for shareholder eligibility: Saturday, 5th June 2026
- Remote e-voting period: Friday 09:00 AM (IST) on 3rd July 2026 to Saturday 5:00 PM (IST) on 1st August 2026
- Scrutinizer: Ashish Goyal, Proprietor of M/s A. Goyal & Associates, Company Secretaries, Karnal
- Voting agency: Central Depository Services Limited (CDSL) through https://www.evotingindia.com
- Votes unblocked at 11:50 AM (IST) on 3rd August 2026 in presence of witnesses Mr. Ajay and Mr. Karan Dutta
Resolution Results
All four special resolutions were approved with requisite majority:
Item 1: Alteration of Main Object Clause of Memorandum of Association
- Votes in favor: 119 members, 4,886,334 votes (99.25%)
- Votes against: 13 members, 36,992 votes (0.75%)
- No invalid votes
Item 2: Shift Registered Office from Haryana to Gujarat
- Votes in favor: 118 members, 4,912,556 votes (99.77%)
- Votes against: 15 members, 11,328 votes (0.23%)
- No invalid votes
Item 3: Create Mortgage/Charge under Section 180(1)(a) of Companies Act, 2013
- Votes in favor: 111 members, 4,381,590 votes (89%)
- Votes against: 20 members, 541,522 votes (11%)
- No invalid votes
Item 4: Increase Borrowing Power Limit of Board to ₹100 Crore under Section 180(1)(c)
- Votes in favor: 111 members, 4,725,678 votes (95.71%)
- Votes against: 22 members, 211,654 votes (4.29%)
- No invalid votes
Additional Information
- No voting occurred through polling paper (in person or by proxy) for any resolution
- All resolutions deemed passed on Saturday, 1st August 2026 (last date of remote e-voting)
- Voting results and scrutinizer report available on company website
- Signed by Dinesh Shreevastav, Whole-Time Director (DIN: 11030609)