United Van Der Horst Limited Shareholders Approve Stock Split and Capital Clause Alteration

United Van Der Horst Limited , a prominent industrial equipment manufacturer, has announced the results of its recent postal ballot, revealing overwhelming shareholder support for two key resolutions. The voting, conducted through a remote e-voting process, took place from October 9, 2025, to November 7, 2025.

Resolutions Passed with Strong Majority

The company sought shareholder approval on two ordinary resolutions:

Sub-division/split of equity shares
Alteration of the capital clause in the memorandum of association

Both resolutions received near-unanimous support from voting shareholders, with 99.99% of votes cast in favor of each proposal.

Voting Breakdown

The voting results demonstrate strong backing from both promoter and public shareholders:

Category	Votes in Favor	Votes Against	% in Favor
Promoter and Promoter Group	96,54,170	0	100.00%
Public Institutions	0	0	0.00%
Public Non-Institutions	1,60,262	1,358	99.16%
Total	98,14,432	1,358	99.99%

It's worth noting that while public institutional holders did not participate in the voting, the resolutions received strong support from both promoter groups and public non-institutional shareholders.

Implications of the Resolutions

The approval of these resolutions may have significant implications for United Van Der Horst Limited:

Stock Split: The sub-division of equity shares could potentially increase the liquidity of the company's stock and make it more accessible to a broader range of investors.
Capital Clause Alteration: This change to the memorandum of association may provide the company with greater flexibility in its capital structure, potentially facilitating future growth initiatives.

Scrutinizer's Report

The e-voting process was overseen by Mr. Sameer Shinde of AMS and Partners LLP, who served as the scrutinizer. The voting facility was provided by MUFG Intime India Pvt. Ltd.

United Van Der Horst Limited's Company Secretary and Compliance Officer, Mr. Ronak Parakh, confirmed the voting results in a disclosure to the BSE Limited.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.73%	-6.55%	-27.11%	+6.89%	+11.37%	-53.54%

United Van Der Horst Ltd, a manufacturer of marine engine parts and hydraulic/pneumatic cylinders, has announced its financial results for the quarter ended September 30, 2025. The company reported a net profit of Rs 199.63 lakhs and revenue from operations of Rs 964.58 lakhs for the quarter.

Financial Highlights

Metric	Q2 FY26	H1 FY26
Net Profit	199.63	403.62
Revenue from Operations	964.58	1,773.89
Earnings Per Share	1.45	Not Provided

All financial figures in Rs lakhs, except for Earnings Per Share in Rs

Key Developments

Interim Dividend

The Board of Directors had previously declared a first interim dividend of Rs 1 per equity share for FY 2025-26, which was paid in September 2025.

Financial Results Approval

The Board has approved these unaudited financial results for the quarter and half-year ended September 30, 2025.

Business Operations

United Van Der Horst Ltd continues to operate in its core business areas of manufacturing marine engine parts and hydraulic/pneumatic cylinders.

Legal Matter

The company is currently involved in a legal proceeding regarding property tax dues. The Panvel Municipal Corporation has claimed dues amounting to Rs 875.84 lakhs. This matter remains pending in court proceedings.

Conclusion

United Van Der Horst Ltd has reported a net profit of Rs 199.63 lakhs and revenue from operations of Rs 964.58 lakhs for Q2 FY26. The company's decision to declare an interim dividend indicates a commitment to shareholder returns. However, investors should be aware of the ongoing legal matter concerning property tax dues, which may have potential financial implications for the company.