Key Resolution Details

The company seeks shareholder approval through postal ballot for the following special business:

ITEM NO. 01 – APPROVAL FOR ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY

  • Resolution Type: Special Resolution
  • Purpose: To alter Article 13(i) of the existing Articles of Association
  • Existing Article 13(i): "The Board may, from time to time, make calls upon the members in respect of any monies unpaid on their shares (whether on account of the nominal value of the shares or by way of premium) and not by the conditions of allotment thereof made payable at fixed times: Provided that no call shall exceed one fourth of the nominal value of the share or be payable at less than one month from the date fixed for the payment of the last preceding call."
  • Proposed Article 13(i): "The Board may, from time to time, make calls upon the members in respect of any monies unpaid on their shares (whether on account of the nominal value of the shares or by way of premium)"
  • Key Change: Deletion of the proviso that restricts call amounts to one-fourth of nominal share value and requires minimum one-month intervals between calls

Voting Schedule and Process

  • Cut-off Date: October 30, 2026 (for shareholder eligibility)
  • Remote e-voting Period: November 06, 2026 (09:00 AM IST) to December 05, 2026 (05:00 PM IST)
  • Result Declaration: On or before December 08, 2026
  • Voting Method: Remote e-voting only through NSDL platform
  • Scrutinizer: Ms. Rama Subramanian (ACS 15923/COP 10964), Practicing Company Secretary

Authorization and Implementation

Mr. Sanjay N. Mehta (Managing Director, DIN: 00036539) and Mr. Rakesh Margam (Company Secretary and Compliance Officer) are authorized to:

  • File necessary e-forms including Form MGT-14 with Registrar of Companies
  • Make intimations and disclosures to stock exchanges under Regulation 30 of SEBI Listing Regulations
  • Place altered Articles on company website under Regulation 46
  • Perform all necessary acts to implement the resolution

Rationale and Impact

The proposed alteration aims to provide greater flexibility to the Board of Directors in determining the amount and timing of calls on partly paid-up equity shares. The removal of restrictions will facilitate better management of the company's funding requirements and provide flexibility in making calls on unpaid amounts without being restricted by existing limits.

Financial Impact

Financial impact not quantified in the disclosure. The change relates to procedural flexibility in calling unpaid share capital.

Governance Details

  • Board Approval Date: October 29, 2026
  • None of the Directors, Key Managerial Personnel or their relatives are concerned or interested in the resolution, except to the extent of their shareholding
  • The Board recommends the Special Resolution for approval

Additional Information

  • The Postal Ballot Notice is available on company website: www.aplab.com
  • Members can inspect documents at Registered Office until December 05, 2026
  • Results will be communicated to BSE Limited, NSDL, CDSL, and Adroit Corporate Services Private Limited