Shree Vasu Logistics opens remote e-voting for postal ballot

1 min read     Updated on 20 Jun 2026, 09:06 AM
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Reviewed by
Anirudha BScanX News Team
AI Summary

Shree Vasu Logistics Limited has initiated a remote e-voting process for its postal ballot notice dated May 21, 2026. The voting period runs from June 20 to July 19, 2026, for members holding shares as on June 12, 2026. Big Share Services Private Limited is facilitating the e-voting, with results to be declared within two working days after the closing date.

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Shree Vasu Logistics Limited has opened the remote e-voting facility for its postal ballot notice dated May 21, 2026. The voting period is scheduled from June 20, 2026, at 09:00 A.M. IST to July 19, 2026, at 05:00 P.M. IST. This process enables members to record their assent or dissent on resolutions proposed for special business.

The postal ballot notice is being dispatched via email only to members whose names appear on the Register of Members or Register of Beneficial Owners as on the cut-off date of June 12, 2026. Physical copies of the postal ballot form will not be issued. The company has engaged Big Share Services Private Limited to facilitate the remote e-voting process.

E-Voting Eligibility and Process

Members holding shares in either dematerialised or physical form as on June 12, 2026, are eligible to vote. In the case of joint holders, only the first named holder in the register is entitled to vote. The e-voting module will be disabled by Big Share Services Private Limited after the closing time, and votes once cast cannot be modified.

Login and Support Details

Individual shareholders holding securities in demat mode can vote through their depository accounts using a single login credential. Shareholders holding shares in physical form or those who are not individuals must log in via the Bigshare e-voting portal using specific user IDs such as the 16-digit Beneficiary ID for CDSL or the DP ID followed by Client ID for NSDL.

Category Helpdesk Contact
CDSL Demat Holders helpdesk.evoting@cdslindia.com or 1800 22 55 33
NSDL Demat Holders evoting@nsdl.com or 022-48867000
Other Shareholders ivote@bigshareonline.com or 022-62638338

The results of the postal ballot will be declared on the company’s website within two working days of the closing of the e-voting period.

Historical Stock Returns for Shree Vasu Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.70%+1.69%+28.20%+1.42%-4.52%+462.95%

What specific resolutions are proposed in the postal ballot notice that could impact the company's strategic direction?

How might the outcome of the e-voting process influence Shree Vasu Logistics' future governance or operational decisions?

What are the potential market reactions to the results of the postal ballot once declared?

Shree Vasu Logistics promoters hold 84.65 lakh shares

1 min read     Updated on 16 Jun 2026, 09:51 AM
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Jubin VScanX News Team
AI Summary

Shree Vasu Logistics Limited revealed that its promoters and PACs hold 84,65,325 equity shares as of March 31, 2026. Atul Garg holds the majority stake with 47,89,500 shares. The company confirmed no shares were encumbered during FY26.

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Shree Vasu Logistics Limited disclosed that its promoters and persons acting in concert (PACs) hold a total of 84,65,325 equity shares as on March 31, 2026. The declaration, submitted to the National Stock Exchange of India Limited, details the shareholding distribution among key individuals and entities associated with the company. This disclosure is significant for shareholders as it outlines the ownership structure and control within the logistics firm.

The filing was made in compliance with Regulation 31(4 & 5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Atul Garg, a promoter, confirmed on behalf of the promoters, members of the promoter group, and PACs that the shares are held free of any encumbrance. The confirmation specifically states that no shares were encumbered, directly or indirectly, during the financial year ended March 31, 2026.

Shareholding Breakdown

The total holding of 84,65,325 shares is distributed among eight entities, including individual promoters and Hindu Undivided Families (HUFs). The following table details the specific shareholding of each promoter and PAC:

Sr No. Name of the Promoter and its PAC Number of Shares
1. Atul Garg 47,89,500
2. Preeti Garg 30,00,000
3. Nitish Agrawal 48,196
4. Atul Garg HUF 2,70,000
5. Shree Bhushan Garg HUF 2,70,000
6. Sumita Garg 27,000
7. Neha Chaudhary 36,653
8. Vashisth Agrawal 23,976
Total Holding 84,65,325

Atul Garg holds the largest stake with 47,89,500 shares, followed by Preeti Garg with 30,00,000 shares. The remaining shares are held by other family members and HUFs. The declaration was signed and submitted by Atul Garg from Raipur on April 8, 2026.

Historical Stock Returns for Shree Vasu Logistics

1 Day5 Days1 Month6 Months1 Year5 Years
-0.70%+1.69%+28.20%+1.42%-4.52%+462.95%

Does the high concentration of shares among the Atul and Preeti Garg suggest potential plans for maintaining long-term control or delisting?

With all shares confirmed as unencumbered, is the promoter group considering leveraging this equity for future acquisitions or expansion capital?

Could the significant holdings by Hindu Undivided Families (HUFs) lead to restructuring or changes in ownership distribution in the near future?

More News on Shree Vasu Logistics

1 Year Returns:-4.52%