Stallion India Fluorochemicals Limited has announced the results of its postal ballot, indicating that shareholders have approved a special resolution concerning the variation in the terms of the objects of the issue (IPO proceeds). The resolution was passed with the requisite majority through the remote e-voting process. The voting period for the postal ballot commenced on May 1, 2026, at 10:00 a.m. (IST) and concluded on May 30, 2026, at 5:00 p.m. (IST). The voting rights were based on the paid-up value of equity shares registered as of April 24, 2026. A total of 66,507 shareholders were on record as of the cut-off date. The scrutinizer's report, dated June 3, 2026, confirms that the special resolution, "APPROVAL FOR VARIATION IN TERMS OF OBJECTS OF THE ISSUE (IPO PROCEEDS)", was passed. Out of the total votes polled, 99.9887% were in favor, and 0.0113% were against the resolution. Promoters and the promoter group did not vote on this agenda. The results, along with the scrutinizer's report, will be made available on the company's website.
