NewsCemindia Projects Limited Announces Postal Ballot Results with Overwhelming Shareholder ApprovalCemindia Projects Limited Announces Postal Ballot Results with Overwhelming Shareholder Approval
Cemindia Projects Limited successfully completed its postal ballot process on January 27, 2026, with both resolutions receiving overwhelming shareholder approval of 99.9995%. The ordinary resolution appointed M/s Price Waterhouse Chartered Accountants LLP as statutory auditors, while the special resolution ratified compliance with the company's name change requirements. The e-voting process ran from December 28, 2025, to January 26, 2026, with 96,666 shareholders on record and results declared at the Mumbai registered office.
*this image is generated using AI for illustrative purposes only.
Cemindia Projects Limited has successfully completed its postal ballot process, with shareholders providing overwhelming approval for both proposed resolutions. The results were declared on January 27, 2026, following the scrutinizer's report submission.
Postal Ballot Process Overview
The company conducted the postal ballot pursuant to Section 110 of the Companies Act, 2013, with the Board of Directors' approval obtained through a notice dated December 15, 2025. The voting process was facilitated entirely through remote e-voting, with KFIN Technologies Limited providing the electronic voting platform.
Key timeline details for the postal ballot:
| Parameter: | Details |
|---|---|
| Cut-off Date: | December 19, 2025 |
| Voting Period: | December 28, 2025 (09:00 AM) to January 26, 2026 (05:00 PM) |
| Results Declaration: | January 27, 2026 |
| Total Shareholders on Record: | 96,666 |
Resolution Results
Ordinary Resolution - Auditor Appointment
The first resolution concerned the appointment of M/s Price Waterhouse Chartered Accountants LLP as statutory auditors to fill the casual vacancy caused by M/s T R Chadha & Co. LLP's resignation. This appointment will remain effective until the 48th Annual General Meeting scheduled for 2026.
| Voting Category: | Votes in Favor | Votes Against | Approval Rate |
|---|---|---|---|
| Promoter and Promoter Group: | 115,892,883 | 0 | 100.00% |
| Public Institutions: | 12,252,185 | 0 | 100.00% |
| Public Non-Institutions: | 83,557 | 629 | 99.25% |
| Total: | 128,228,625 | 629 | 99.9995% |
Special Resolution - Name Change Compliance
The second resolution sought approval for the placement of a compliance certificate issued by M/s. K. M. Rege & Co., confirming adherence to all conditions relating to the company's name change from ITD Cementation India Limited to Cemindia Projects Limited under SEBI regulations.
| Voting Category: | Votes in Favor | Votes Against | Approval Rate |
|---|---|---|---|
| Promoter and Promoter Group: | 115,892,883 | 0 | 100.00% |
| Public Institutions: | 12,253,484 | 0 | 100.00% |
| Public Non-Institutions: | 83,622 | 612 | 99.27% |
| Total: | 128,229,989 | 612 | 99.9995% |
Scrutinizer Oversight
Mr. P. N. Parikh (Membership No. F 327) of M/s. Parikh & Associates, Practicing Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report, submitted on January 27, 2026, confirmed the validity of the voting process and results.
Regulatory Compliance
The postal ballot was conducted in accordance with:
- Section 110 of the Companies Act, 2013
- Companies (Management and Administration) Rules, 2014
- Various MCA circulars issued between 2020-2025
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The results have been made available on the company's website at www.cemindia.co.in and the registrar's portal at evoting.kfintech.com, ensuring transparency and accessibility for all stakeholders.
Historical Stock Returns for Cemindia Projects
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -1.69% | -0.39% | -8.56% | +78.10% | +44.01% | +1,225.26% |
18
Access 50+ Readymade Screeners 
Use 200+ Custom Filters 
Get Full Market Insights 
