Checkpoint Trends Limited successfully completed its postal ballot process on January 19, 2026, with shareholders approving all nine proposed resolutions with overwhelming majority support. The company conducted the voting process entirely through electronic means using Central Depository Services (India) Limited's e-voting platform.

Postal Ballot Process and Participation

The postal ballot notice was sent electronically to all shareholders whose names appeared in the Register of Members as on the cut-off date of December 12, 2025. The voting period commenced on December 19, 2025 at 10:00 AM and concluded on January 17, 2026 at 5:00 PM. The company had 2,448 total shareholders as of the cut-off date.

Voting Results Overview

All resolutions received identical voting patterns from the public non-institutional shareholders category, which was the only participating group. The voting results demonstrated strong shareholder support across all proposed measures.

Key Resolutions Approved

The nine resolutions covered various corporate governance and operational matters. The first resolution involved increasing the company's authorized share capital and consequent alteration to the capital clause of the Memorandum of Association, classified as an ordinary resolution.

Significant board changes were approved through special resolutions, including the re-designation of Mr. Shubham Chaudhary (DIN: 09298013) as Managing Director and Chief Financial Officer. Additionally, shareholders approved the appointment of Mr. Anubhav Kumar Upadhyay (DIN: 09519842) as Whole Time Director and Mr. Gunjan Gangwal (DIN: 11413389) as Non-Executive Independent Director.

Corporate Restructuring Measures

Shareholders approved the company's name change and consequent alterations to the name clause of the Memorandum of Association and Articles of Association. The resolution also covered operational aspects including the creation of mortgage or charge on company assets under Section 180(1)(A) of the Companies Act and increasing borrowing limits under Section 180(1)(C).

Investment Limit Expansions

The final two resolutions focused on expanding investment opportunities by increasing investment limits for Non-Resident Indians and Overseas Citizens of India, as well as Foreign Institutional Investors and Foreign Portfolio Investors. These measures aim to enhance the company's access to diverse funding sources.

All resolutions were conducted in compliance with Section 110 of the Companies Act, 2013, Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The scrutinizer confirmed that the postal ballot voting process was conducted fairly and transparently with requisite majority achieved for all resolutions.

Checkpoint Trends Limited has announced its audited annual financial results for the fiscal year ended March 31, 2015, revealing a mixed performance with extraordinary items providing significant support to the company's bottom line.

Financial Performance Overview

The company's financial performance for FY15 was characterized by operational challenges offset by extraordinary gains. The detailed financial metrics demonstrate the impact of these exceptional items on the overall results.

Operational Analysis

The company reported zero income from operations for both FY15 and the previous year, indicating no revenue generation from regular business activities. Total expenses for FY15 stood at ₹7.45 lakh compared to ₹5.86 lakh in FY14, representing an increase in operational costs despite the absence of operational revenue.

Employee costs constituted a significant portion of expenses at ₹0.42 lakh, while other expenses accounted for ₹7.03 lakh during the year. The company did not report any costs related to materials consumed, goods traded, or depreciation.

Balance Sheet Position

The company's financial position as of March 31, 2015, showed total assets and liabilities of ₹47.56 lakh. The balance sheet structure reflects the company's current operational status and capital allocation.

Shareholding Structure

The company maintained a stable shareholding pattern with paid-up equity share capital remaining unchanged at ₹54.68 lakh, consisting of shares with a face value as specified in the financial statements. The promoter and promoter group held 100.00% of the total shareholding, indicating complete promoter control over the company.

Earnings Per Share Analysis

The company's earnings per share (EPS) performance showed improvement due to the extraordinary items. Basic and diluted EPS after extraordinary items stood at ₹5.62 for FY15, compared to a loss of ₹0.17 per share in the previous year. However, EPS before extraordinary items remained negative, reflecting the underlying operational challenges.

Audit and Compliance

The financial results were audited by Prakash Modi & Associates, Chartered Accountants, who provided an unqualified opinion on the financial statements. The auditors confirmed that the financial statements give a true and fair view of the company's financial position as of March 31, 2015, and comply with applicable accounting standards and regulatory requirements.