Tokyo Plast International Limited EGM: Special Resolution for Property Sale Approved
Tokyo Plast International Limited held an EGM on December 10, 2025, to approve the sale of its immovable property. The special resolution passed with overwhelming support, receiving 6,861,413 votes in favor out of 6,861,538 votes polled.
The sale of immovable property is a significant corporate action that can impact the company's asset base and financial structure, warranting a medium impact.
The company successfully passed a special resolution for the sale of its immovable property with a significant majority, indicating positive shareholder support for strategic decisions.
Tokyo Plast International Limited has announced the voting results for its Extra-Ordinary General Meeting (EGM), held on December 10, 2025. The meeting was convened to consider a special resolution regarding the approval for the sale of the company's immovable property.
During the EGM, a total of 6,861,538 votes were polled out of 9,501,400 outstanding shares, representing 72.2161% of the total votes. The special resolution for the sale of immovable property received overwhelming support, with 6,861,413 votes in favor and only 125 votes against. This translates to 99.9982% of the votes polled being in favor of the resolution.
The Promoter and Promoter Group cast 6,535,624 votes, all of which were in favor of the resolution. Public shareholders, including institutions and non-institutions, also participated in the voting. Non-institutional public shareholders cast 325,914 votes, with 325,789 in favor and 125 against, indicating strong approval for the property sale.
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Tokyo Plast International Limited filed this with the NSE as a statutory disclosure, categorised under egm. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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See the model portfoliosA plain-language summary of a public exchange filing by Tokyo Plast International Limited. Read the original for the full detail.