SKP Securities Limited has successfully completed its postal ballot process, with shareholders approving material related party transactions with SKP Commodities Limited by an overwhelming majority. The company officially submitted its voting results along with the scrutinizer's report to BSE Limited on March 30, 2026, in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Official Submission and Compliance

The company's formal submission to BSE Limited confirmed the successful completion of the postal ballot process. Company Secretary Alka Khetawat (Membership No.: A47322) signed the official communication, declaring that the resolution was passed with requisite majority and deemed effective from March 29, 2026, the last date of e-voting.

Voting Results and Participation

The postal ballot process concluded on March 29, 2026, with strong shareholder support for the proposed resolution. The voting statistics demonstrate clear approval from the participating shareholders:

Out of 3,463 total shareholders on the record date of February 20, 2026, a total of 57 shareholders participated in the e-voting process, representing 7.8091% of the outstanding shares.

E-Voting Process Details

The electronic voting process was conducted through Central Depository Services (India) Limited (CDSL) platform at www.evotingindia.com . The scrutinizer's report provided comprehensive timeline details:

Scrutinizer's Report and Compliance

CS Atul Kumar Labh (FCS – 4848 / CP - 3238), proprietor of M/s. A.K. Labh & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirmed that the resolution was passed with requisite majority in compliance with the Companies Act, 2013 and relevant MCA circulars.

The voting results were downloaded after 5:00 P.M. on March 29, 2026, and unblocked in the presence of two independent witnesses: Mr. Rohit Kumar and Ms. Anushree Dasgupta, both not employed by the company.

Shareholder Category Breakdown

The voting participation was entirely from public non-institutional holders, as promoter and promoter group members abstained from voting despite holding 5,105,762 shares. The detailed breakdown shows:

Resolution Details

The approved ordinary resolution pertained to "Material Related Party Transactions under Regulation 23 of SEBI LODR Regulations, between SKP Securities Limited and SKP Commodities Limited." The resolution was deemed passed on March 29, 2026, and all related documents have been made available on the company's website at www.skpsecurities.com .

SKP Securities Limited has issued a postal ballot notice to shareholders for approval of material related party transactions with SKP Commodities Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Notice Details

The company dispatched the postal ballot notice dated February 26, 2026, to all members whose names appeared in the register as of the cut-off date. The notice seeks shareholder approval for continuing and entering into new arrangements with SKP Commodities Limited during financial year 2026-27.

Proposed Transaction Framework

The company seeks approval for three categories of transactions with SKP Commodities Limited, which qualifies as a related party due to common directors and shareholding relationships.

The recurring line of credit arrangement provides flexible access to working capital at 12.00% per annum interest. Rent payments are structured at Rs. 2.25 lacs per month, with office maintenance costs capped at Rs. 0.25 lacs monthly.

Regulatory Compliance and Materiality

Under Regulation 23 of SEBI LODR Regulations, transactions exceeding 10.00% of annual consolidated turnover require shareholder approval. With SKP Securities' annual turnover of Rs. 3,633.17 lacs for financial year 2024-25, the materiality threshold stands at Rs. 363.31 lacs.

The proposed transactions may collectively exceed this threshold during financial year 2026-27, necessitating prior shareholder consent through the postal ballot process.

Historical Transaction Data

Previous dealings between the entities during financial year 2024-25 totaled Rs. 1,91,64,401, comprising:

E-Voting Process and Oversight

The company has engaged Central Depository Services (India) Limited for remote e-voting facility. Mr. Atul Kumar Labh of M/s. A.K. Labh & Co., Practicing Company Secretaries, serves as the appointed Scrutinizer for the postal ballot process.

Shareholders can access the postal ballot notice on the company website at www.skpsecurities.com , BSE website, and CDSL e-voting platform. All related parties are restricted from voting on the resolution under SEBI LODR Regulations.

Related Party Structure

The relationship between SKP Securities and SKP Commodities stems from common directors Mr. Naresh Pachisia and Mr. Nikunj Pachisia, along with significant shareholding overlaps among promoter group members.

SKP Commodities Limited reported turnover of Rs. 120.81 lacs, profit after tax of Rs. 52.10 lacs, and net worth of Rs. 463.07 lacs for financial year 2024-25. The proposed transaction value represents 442.83% of the related party's annual turnover.