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Inventure Growth & Securities Ltd has disclosed the results of a Postal Ballot concerning a special resolution to vary the terms of the objects of the issue as outlined in the right issue offer. A total of 16,481,529 valid votes were cast, with 14,976,982 votes (approximately 90.87%) in favor and 1,504,547 votes (around 9.13%) against. Notably, related party promoters did not vote on this resolution; however, the voting process was deemed valid, thereby passing the resolution by the requisite majority. This positive outcome may strengthen management’s strategy and instill confidence among shareholders regarding future operational flexibility.
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