Antarctica Limited: Postal Ballot Results - Resolutions Not Passed
Antarctica Limited has announced the results of its postal ballot, which concluded on December 25, 2025. The company presented two special resolutions for consideration by its shareholders. The firs...
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Why is Antarctica Limited in the news today?
Antarctica Limited (ANTGRAPHIC) is in the news due to both key resolutions presented to shareholders were not passed, indicating shareholder disapproval or lack of confidence in the proposed appointments.
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Antarctica Limited: Postal Ballot Results - Resolutions Not Passed
December 29, 2025, 12:53 PM
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Antarctica Limited has announced the results of its postal ballot, which concluded on December 25, 2025. The company presented two special resolutions for consideration by its shareholders.
The first resolution pertained to the regularization of Mr. Sandip Dineshbhai Goti as the Managing Director of the company. The second resolution concerned the regularization of Mr. Vaghela Digvijay Arjunsinh as an Independent Director.
Detailed voting results show that for both resolutions, the total votes polled were 1006648, with 214993 votes in favour and 791655 votes against, representing 21.3573% and 78.6427% of the votes polled, respectively. Notably, the voting was primarily from Public - Non Institutions via e-voting.
Both resolutions were not passed by the shareholders. The record date for this postal ballot was November 28, 2025, with a total of 96,220 shareholders on record. The Scrutinizer, Ms. Varsha Rani Agarawal, submitted her report to the company on December 26, 2025.
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