One Point One Solutions Limited has received shareholder approval to issue fully convertible warrants on a preferential basis to promoters and non-promoters. The resolution was passed with an overwhelming majority through a postal ballot conducted via remote e-voting.
Author: Prashant Aggarwal | EQMint
One Point One Solutions Limited has successfully secured shareholder approval for issuing fully convertible warrants on a preferential basis, according to an official disclosure made to the National Stock Exchange (NSE). The approval was obtained through a postal ballot voting process conducted via remote e-voting, in compliance with the Companies Act, 2013, and SEBI Listing Regulations.
The company informed the exchange that the special resolution, as outlined in the postal ballot notice dated December 11, 2025, was passed with the requisite majority and is deemed effective from January 10, 2026, the last date for receipt of votes.
Details of the Postal Ballot and Voting Process
As per the exchange filing, One Point One Solutions conducted the postal ballot under Section 110 read with Section 108 of the Companies Act, 2013, along with applicable rules and SEBI (LODR) Regulations. The e-voting window for shareholders remained open from December 12, 2025 (9:00 AM IST) to January 10, 2026 (5:00 PM IST).
The voting rights of shareholders were determined based on the cut-off date of November 28, 2025, ensuring transparency and regulatory compliance in the postal ballot voting process.
MUFG Intime India Private Limited (formerly Link Intime India Pvt. Ltd.) acted as the registrar and e-voting service provider for the process.
Resolution Approved: Preferential Issue of Fully Convertible Warrants
The sole resolution placed before shareholders sought approval for the preferential issue of fully convertible warrants to both promoters and non-promoters of the company. This resolution was classified as a Special Resolution, requiring approval by a supermajority.
According to the scrutinizer’s report:
- Votes cast in favour: 29,55,961 (99.97%)
- Votes cast against: 900 (0.03%)
- Total votes cast: 29,56,861
- Number of shareholders who voted: 69
The resolution was declared passed with requisite majority, highlighting strong shareholder confidence in the company’s strategic move.
Scrutinizer’s Report Confirms Compliance
The postal ballot process was independently scrutinized by Mihen Halani & Associates, a firm of Practicing Company Secretaries. The scrutinizer confirmed that the voting process was conducted in accordance with:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standards on General Meetings (SS-2)
Votes were unblocked on January 12, 2026, in the presence of independent witnesses, ensuring procedural integrity and regulatory adherence.
What This Means for One Point One Solutions
The approval of the preferential issue allows One Point One Solutions to raise capital efficiently by issuing fully convertible warrants, which can later be converted into equity shares. Such instruments are often used to:
- Strengthen the company’s capital base
- Support business expansion and operational growth
- Align promoter and investor interests
While the company has not disclosed the exact utilization of funds in this announcement, market participants typically view preferential allotments as a strategic capital-raising route, particularly when backed by strong shareholder approval.
Disclosure and Transparency
In line with regulatory requirements, One Point One Solutions has made the detailed voting results and the scrutinizer’s report available on:
- The company’s official website
- The registrar’s e-voting platform
The disclosure was submitted under Regulation 30 and Regulation 44 of SEBI LODR Regulations, reinforcing transparency for investors and the broader market.
Investor Takeaway
For investors tracking NSE corporate announcements, this development signals a key corporate action by One Point One Solutions. The near-unanimous shareholder approval suggests confidence in management’s growth strategy and capital structure decisions. However, investors should monitor subsequent disclosures related to pricing, conversion terms, and deployment of proceeds to fully assess the long-term impact.
Conclusion
One Point One Solutions Limited has taken a significant corporate step by securing shareholder approval for the preferential issue of fully convertible warrants through a transparent and well-regulated postal ballot voting process. With 99.97% of votes cast in favour, the resolution underscores strong shareholder backing and positions the company for its next phase of strategic growth.
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Disclaimer: This article is for informational and educational purposes only and does not constitute investment advice. Securities market investments are subject to market risks. Readers are advised to consult certified financial advisors or registered investment professionals before making any investment decisions.
