Eimco Elecon Shareholders Approve MOA Changes & Re-classification via Postal Ballot
Eimco Elecon (India) Limited announced the results of its postal ballot, which concluded on December 27, 2025. Shareholders overwhelmingly approved three resolutions. The first special resolution conc...
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Why is Eimco Elecon (India) Limited in the news today?
Eimco Elecon (India) Limited (EIMCOELECO) is in the news due to the company successfully passed all proposed resolutions with a very high majority, indicating strong shareholder support for the company's proposed changes.
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Eimco Elecon Shareholders Approve MOA Changes & Re-classification via Postal Ballot
December 29, 2025, 10:20 AM
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Eimco Elecon (India) Limited announced the results of its postal ballot, which concluded on December 27, 2025. Shareholders overwhelmingly approved three resolutions. The first special resolution concerned the adoption of a new Memorandum of Association (MOA) as per the Companies Act, 2013, with 99.99% of votes in favor.
The second special resolution, also passing with 99.99% approval, was for the alteration of the Objects clause in the Company's MOA.
The third ordinary resolution, which involved the re-classification of Tamrock Great Britain Holdings Limited from the 'Promoter Group Category' to the 'Public Category', was also passed with a significant majority. The voting period for the postal ballot was from November 28, 2025, to December 27, 2025. The company's website will also host the voting results and the scrutinizer's report.
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