Aptus Value Housing Finance Postal Ballot Resolution Rejected by Shareholders
Aptus Value Housing Finance India Limited's postal ballot for amending Articles of Association was rejected by shareholders with 50.93% votes against. The voting concluded on February 18, 2026, with 81.17% participation rate. While promoters voted unanimously in favor, public institutional investors strongly opposed the resolution, leading to its failure.

*this image is generated using AI for illustrative purposes only.
Aptus Value Housing Finance India Limited has announced the results of its postal ballot conducted through remote e-voting, revealing that shareholders have rejected the special resolution to approve amendments to the company's Articles of Association. The voting process, which concluded on February 18, 2026, saw significant participation from shareholders across different categories.
Voting Results and Participation
The postal ballot witnessed substantial shareholder engagement with 81.17% of the total outstanding shares participating in the voting process. The comprehensive voting breakdown demonstrates varying responses across different shareholder categories.
| Category | Shares Held | Votes Polled | Polling % | Votes in Favor | Votes Against | Favor % | Against % |
|---|---|---|---|---|---|---|---|
| Promoter and Promoter Group | 11,95,12,490 | 11,95,02,490 | 99.99% | 11,95,02,490 | 0 | 100.00% | 0.00% |
| Public Institutions | 30,24,78,916 | 27,96,67,700 | 92.45% | 7,26,86,954 | 20,69,80,746 | 25.99% | 74.00% |
| Non-Public Institutions | 7,87,31,330 | 72,64,036 | 9.23% | 72,62,139 | 1,897 | 99.97% | 0.02% |
| Total | 50,07,22,736 | 40,64,34,226 | 81.17% | 19,94,51,583 | 20,69,82,643 | 49.07% | 50.93% |
Resolution Outcome
The special resolution failed to secure the required approval, with 50.93% of votes cast against the proposed amendments. Despite unanimous support from the promoter and promoter group, who voted 100% in favor, the resolution was defeated primarily due to strong opposition from public institutional investors.
Scrutinizer's Assessment
S Sandeep, Managing Partner of M/s. S. Sandeep & Associates, Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that the voting process was conducted in compliance with the Companies Act, 2013, and SEBI regulations. The final tally showed 565 valid ballots were received, representing 40,64,34,226 votes.
| Result Summary | Details |
|---|---|
| Total Valid Ballots | 565 |
| Total Votes | 40,64,34,226 |
| Votes in Favor | 19,94,51,583 (49.07%) |
| Votes Against | 20,69,82,643 (50.93%) |
| Resolution Status | Not Passed |
Voting Process Details
The remote e-voting period remained open from January 20, 2026, at 9:00 AM to February 18, 2026, at 5:00 PM through KFin Technologies Private Limited's platform. The company dispatched postal ballot notices on January 19, 2026, to members whose email addresses were registered with depositories or the registrar and transfer agent. Newspaper advertisements were published in Business Standard (English) and Makkal Kural (Tamil) on January 20, 2026, informing shareholders about the postal ballot process.
Regulatory Compliance
The company has submitted the voting results and scrutinizer's report to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44(3) of SEBI Listing Regulations. The documents have also been uploaded on the company's website and the e-voting agency's portal for public access.
Historical Stock Returns for Aptus Value Housing Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.96% | -5.23% | -9.39% | -31.93% | -20.10% | -29.48% |

































