nbi industrial finance company shareholders have approved the alteration of the company's Memorandum of Association through a special resolution. The resolution received 99.88% of votes in favour, securing the requisite majority for passage. This approval authorizes the company to amend its constitutional documents to reflect changes in its objectives and structure.

The remote e-voting process was conducted by Central Depository Services (India) Limited (CDSL) as the authorized agency. A total of 65 folios participated, representing 2,464,770 shares. The voting period commenced on May 26, 2026, and concluded on June 24, 2026.

Rohit Kumarr Mundhra, a Chartered Accountant in whole-time practice, was appointed as the Scrutinizer to oversee the process. The Scrutinizer's responsibility was restricted to reporting the votes cast in favour or against the resolution based on the report generated from the e-voting system. The votes were unblocked in the presence of two witnesses not in the employment of the company.

The Postal Ballot Notice was sent to members whose names appeared in the Register of Members or List of Beneficial Owners as on the cut-off date of May 22, 2026. The resolution was put to vote to approve the alteration in the Memorandum of Association of the Company.

Voting Results

The special resolution was passed with an overwhelming majority, with only 0.12% of votes cast against the proposal. No abstained or invalid votes were recorded during the process.

The Scrutinizer's report confirmed that the resolution has been passed as a Special Resolution, as the requisite majority was obtained.

Promoters of NBI Industrial Finance Company have confirmed that no encumbrance was created on the shares held by them during the financial year 2025-26. The disclosure ensures that the shareholding structure remains free from pledged assets, providing clarity to investors regarding the ownership status. This confirmation was submitted to the National Stock Exchange of India Ltd. on April 6, 2026.

The disclosure was made on behalf of the promoters and persons acting in concert to comply with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011. The regulation mandates the disclosure of any encumbrance on shares held by promoters to ensure transparency in the capital markets. The letter addressed to the exchange clarified that no such encumbrance was made or created during the specified financial year.

The submission was signed by Prashant Bangur on behalf of the promoters. A copy of the disclosure was also forwarded to the Company Secretary of NBI Industrial Finance Co. Ltd. based in Kolkata. The filing serves as a formal compliance record for the exchange.