Resonance Specialties Limited has submitted the voting results of its postal ballot to BSE Limited. The postal ballot was conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Voting Process Details
The postal ballot notice was dated August 4, 2026. Mr. Alok Khairwar, Practicing Company Secretary (Membership no. FCS 10031, C.P No. 12880), was appointed as the scrutinizer for the remote e-voting process. The cut-off date for determining shareholder eligibility was August 14, 2026. Remote e-voting was conducted through National Securities Depository Limited (NSDL) from 9:00 AM IST on August 20, 2026, to 5:00 PM IST on September 18, 2026. The company published advertisements in Business Standard (English) and Navshakti (Marathi) newspapers on August 19, 2026.
Voting Results - Item No. 1
The sole resolution proposed was a special business item:
Ordinary Resolution: Approval for material related party transaction with Kaygee Laboratories Private Limited (KLPL) for purchase of KLPL's manufacturing facility situated at Mandideep, along with leasehold land, buildings, plant & machineries, licenses, permits, and employees, etc. for a consideration of ₹29.98 crores on slump sale basis.
Voting Results:
- Total valid votes cast: 37,867
- Number of members voted in favor: 61
- Number of votes in favor: 37,800 (99.823%)
- Number of members voted against: 8
- Number of votes against: 67 (0.183%)
- No invalid/abstained votes
The resolution was passed with the requisite majority and deemed passed on September 18, 2026 (the last date of remote e-voting).
Post-Voting Procedures
All documents, registers, and reports relating to the postal ballot were handed over to Ms. Vaibhavi Shah, Company Secretary and Compliance Officer of the company, for safe custody. The scrutinizer's report was countersigned by the company on September 19, 2026.