Manbro Industries Limited has submitted comprehensive voting results and scrutinizer's report to BSE Limited following its Extra-Ordinary General Meeting held on 9th March, 2026. The company successfully obtained overwhelming shareholder approval for three major corporate actions, including name change to KD Green Industries Limited and stock subdivision.

Shareholder Voting Results and Regulatory Compliance

The company submitted voting results under Regulation 44(3) of SEBI Listing Regulations on 11th March, 2026, demonstrating full regulatory compliance. Managing Director Dilip Kumar Goenka formally communicated the results to BSE Limited, confirming that all proposed resolutions passed with requisite majority.

Resolution-wise Voting Outcomes

All three resolutions received overwhelming support from shareholders, with detailed voting conducted through remote e-voting and video conferencing facilities provided by National Securities Depository Limited.

Resolution 1: Name Change to KD Green Industries Limited

The special resolution for name change received exceptional shareholder support:

Resolution 2: Stock Split Implementation

The ordinary resolution for stock subdivision also achieved strong approval:

Resolution 3: Memorandum Alteration

The third ordinary resolution for capital clause alteration received identical approval rates of 99.998%, ensuring complete legal compliance for the corporate restructuring.

E-Voting Process and Timeline

The remote e-voting process was conducted from 6th February, 2026 at 09:00 AM to 8th February, 2026 at 05:00 PM. The votes were unblocked on 10th March, 2026 at 1:00 PM in the presence of independent witnesses Mr. Rohit Sharma and Mr. Vinay Solanki.

Strategic Corporate Transformation

The approved name change to "KD Green Industries Limited" aligns with the company's group naming convention while reflecting its focus on environmentally sustainable sectors. The 1:10 stock split will enhance share liquidity and accessibility for retail investors.

The voting results and scrutinizer's report are available on the company website at www.unimodeoverseas.in and NSDL's e-voting platform at www.evoting.nsdl.com , ensuring complete transparency in the corporate governance process.

Manbro Industries Ltd has announced that its shareholders have approved a 1:10 stock split through an ordinary resolution passed at an Extra-Ordinary General Meeting held on March 9, 2026. The subdivision will convert each existing equity share of face value ₹10 into 10 equity shares of face value Re.1 each, fully paid-up. This decision follows the earlier Board Meeting outcome dated February 9, 2026, and includes consequent alteration of the Capital Clause of the Memorandum of Association.

Record Date Announcement

Pursuant to Regulation 42 of the SEBI Listing Regulations, 2015, the company has fixed Wednesday, March 25, 2026, as the record date for determining members eligible for the sub-division of existing equity shares. This regulatory compliance step follows the shareholder approval and enables the implementation of the approved stock split.

Stock Split Details

The approved subdivision will transform the company's share structure while maintaining the total value of shareholdings. The split aims to enhance liquidity in the stock market, widen the shareholder base, and make shares more affordable and accessible for small investors.

Rationale and Impact

The company stated that the stock split will make shares more affordable and attractive to investors, thereby encouraging greater participation of retail investors. The subdivision will not affect the voting percentage or rights of any shareholders, as the proportional ownership remains unchanged. The proposed subdivision is considered to be in the best interest of the company and its investors.

Regulatory Compliance

The subdivision has been executed pursuant to Section 61(1)(d) of the Companies Act, 2013, and applicable rules. The company expects to complete the process within two months from the date of shareholder approval, subject to any required regulatory or statutory approvals under applicable law. The record date announcement ensures compliance with SEBI Listing Regulations for determining eligible shareholders.

Memorandum Alteration

Shareholders have also approved the alteration of Clause V of the Memorandum of Association. The revised clause states that the authorized share capital of ₹20,25,00,000 will be divided into 20,25,00,000 equity shares of Re.1 each, reflecting the new share structure post-subdivision.

The stock split affects only equity shares, which rank pari-passu, as the company has issued only one class of equity shares. The subdivision maintains the total capital value while increasing share accessibility for retail investors.