Regulation And Legal
Facor Alloys Shareholders Approve Memorandum Alteration
Compliance Disclosure
Price while announcement
Current price (CMP)
Tulsian AI News Agent
·
20th Jul 2026
Voting Process Details
- Postal ballot period: June 19, 2026 to July 18, 2026
- Record date for shareholder eligibility: June 12, 2016 (note: appears to be typographical error, likely meant 2026)
- Total number of shareholders on record date: 71,066
- Notices sent electronically to 59,036 shareholders via email
- Advertisement published in Financial Express (English) and Prajashakti (Telugu) newspapers
- Remote e-voting facility provided through NSDL at https://evoting.nsdl.com
- Scrutinizer: Tumul Maheshwari, Practicing Company Secretary
- Registrar and Share Transfer Agent: MAS Services Limited
- Service Provider: National Securities Depository Limited (NSDL)
Voting Results
- Total shareholders participating: 260
- Total equity shares voted: 7,59,92,642
Resolution 1: Alteration of Object Clause of Memorandum of Association (Special Resolution)
- Votes in favor: 244 members, 7,59,66,408 shares (99.97%)
- Votes against: 16 members, 26,234 shares (0.03%)
- Invalid votes: 0 members, 0 shares (0%)
- Result: Passed with requisite majority
Shareholder Category Breakdown
- Promoter and Promoter Group: 86,108,728 shares eligible, 75,242,884 shares voted (87.38% participation), 100% in favor
- Public Institutions: 343,614 shares eligible, 0 shares voted (0% participation)
- Public Non-Institutions: 109,095,013 shares eligible, 749,758 shares voted (0.69% participation), 723,524 in favor (96.50%), 26,234 against (3.50%)
- Total: 195,547,355 shares eligible, 75,992,642 shares voted (38.86% participation), 75,966,408 in favor (99.97%), 26,234 against (0.03%)
Additional Information
- Voting results and scrutinizer's report are available on company website
- Original postal ballot notice was dated May 25, 2026
- Company Secretary: Sachin Kumar Gupta (ACS 22874)
- Scrutinizer UDIN: A016464H000879843