Homesfy Realty Limited shareholders approve buyback through postal ballot

2 min read     Updated on 25 Apr 2026, 11:06 AM
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Reviewed by
Radhika SScanX News Team
AI Summary

Homesfy Realty Limited secured 100% shareholder approval for equity share buyback through postal ballot conducted March 21 to April 19, 2026. The resolution received 1,865,184 votes in favour representing 57.81% of outstanding shares, with zero votes against.

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Homesfy Realty Limited has submitted the postal ballot results to the National Stock Exchange of India Limited, confirming that all resolutions were passed with requisite majority through remote e-voting conducted between March 21, 2026 and April 19, 2026. The submission was made under Regulation 44(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, along with the scrutinizer report.

The postal ballot process sought shareholder approval for the buyback of equity shares of the company. The voting period commenced at 09.00 A.M. on March 21, 2026 and concluded at 5.00 P.M. on April 19, 2026. Members of the company as on the record date of March 13, 2026 were entitled to participate in the e-voting process.

Voting Results Summary

The resolution for approval of buyback of equity shares received overwhelming support from shareholders. A total of 482 shareholders were on record as of the cut-off date. The voting results across different categories are detailed below:

Category Shares Held Votes Polled % of Outstanding Votes in Favour Votes Against % in Favour % Against
Promoter and Promoter Group 1,710,252 1,710,252 100 1,710,252 0 100 0
Public Institutions 36,300 0 0 0 0 0 0
Public Non-Institutions 1,479,648 154,932 10.47 154,932 0 100 0
Total 3,226,200 1,865,184 57.81 1,865,184 0 100 0

Scrutinizer Report Details

MNB & Co. LLP, Practicing Company Secretaries, was appointed as the scrutinizer for the postal ballot process. CS Maithili Nandedkar, Partner at MNB & Co. LLP, oversaw the e-voting process to ensure it was conducted in a fair and transparent manner. The scrutinizer was appointed at the board meeting held on March 20, 2026, and the report was issued to the company on April 21, 2026.

The final voting results confirmed that 14 members voted in favour of the resolution, casting 1,865,184 votes, which represented 100% of the total valid votes cast. There were no votes cast against the resolution and no invalid votes recorded. The complete results and scrutinizer report have been made available on the company's website at www.homesfy.in .

Company Information

Particulars Details
NSE Symbol HOMESFY
ISIN INE0N7F01017
Company Name Homesfy Realty Limited
Type of Meeting Postal Ballot
Record Date 13.03.2026
Total Shareholders on Record Date 482
Number of Resolutions Passed 01

Historical Stock Returns for Homesfy Realty

1 Day5 Days1 Month6 Months1 Year5 Years
-4.76%0.0%+14.84%-45.01%-64.15%-48.95%

What is the expected timeline and size of Homesfy Realty's equity buyback program following shareholder approval?

How might this buyback impact Homesfy Realty's stock price and market valuation in the coming quarters?

Will the buyback signal potential changes in Homesfy's growth strategy or capital allocation priorities for 2026-2027?

1 Year Returns:-64.15%