Kemp & Company Limited has successfully concluded its postal ballot process, with shareholders unanimously approving the material related party transaction with VIP Industries Limited for the purchase of VIP House property in Prabhadevi, Mumbai. The company announced the voting results on December 15, 2025, marking the completion of a significant corporate transaction.

Postal Ballot Timeline and Process

The company executed a comprehensive timeline for the postal ballot process as planned:

The remote e-voting period commenced on Sunday, November 16, 2025, at 9:00 a.m. (IST) and concluded on Monday, December 15, 2025, at 5:00 p.m. (IST). M/s. Ragini Chokshi & Co., Practicing Company Secretaries, served as the scrutinizer for overseeing the postal ballot process.

Voting Results and Shareholder Response

The postal ballot results demonstrated overwhelming shareholder support for the transaction:

The unanimous approval reflects strong shareholder confidence in the company's strategic decision to acquire the VIP House property. All votes were cast through the electronic voting system provided by National Securities Depository Limited (NSDL), with no invalid votes recorded.

Scrutinizer Report and Process Validation

Ragini Chokshi, Partner of M/s. Ragini Chokshi & Co., submitted the scrutinizer report confirming the validity of the voting process. The e-voting results were downloaded in the presence of two independent witnesses, Mr. Harshit Dave and Mr. Shivsahay Mishra, ensuring transparency and proper validation of the results.

Regulatory Compliance and Documentation

The voting results and scrutinizer report have been submitted to BSE Limited under Regulations 30 and 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The complete documentation, including the scrutinizer's report dated December 15, 2025, is available on the company's website and NSDL's e-voting portal for investor reference.

The successful completion of this postal ballot process demonstrates Kemp & Company Limited's commitment to maintaining transparent communication with its stakeholders and following proper regulatory procedures for material related party transactions.

Kemp & Company Limited, a player in the trading and real estate sectors, has reported its financial results for the second quarter of fiscal year 2026, revealing a widening loss and a slight decrease in revenue. The company has also announced plans for a material related party transaction, subject to shareholder approval.

Financial Performance

For the quarter ended September 30, 2025, Kemp & Company Limited reported:

The company's performance for the half-year period also showed a similar trend:

Segment-wise Operations

Kemp & Company operates in two segments:

1. Trading Activity
2. Real Estate

Material Related Party Transaction

The Board of Directors has approved a draft Notice of Postal Ballot to seek shareholder consent for a material related party transaction. The proposed transaction involves:

• Purchasing an immovable property named VIP House
• Located at Prabhadevi, Mumbai
• To be acquired from VIP Industries Limited

Management Actions

The Board of Directors approved the unaudited financial results at a meeting. Additionally, they approved the draft notice for postal ballot seeking shareholder consent for the material related party transaction with VIP Industries Limited.

Capital Structure

The company's paid-up equity share capital stands at Rs 108.02 lakhs with a face value of Rs 10 per share.

Outlook

While Kemp & Company Limited faces challenges with declining revenues and increasing losses, the proposed acquisition of VIP House may signal a strategic move to strengthen its real estate portfolio. Shareholders will play a crucial role in determining the company's future direction through their vote on the material related party transaction.