Key Quantitative Figures and Dates

  • Cut-off Date for voting eligibility: Friday, October 09, 2026
  • Voting commencement: Friday, October 16, 2026 at 9:00 AM IST
  • Voting ends: Saturday, November 14, 2026 at 5:00 PM IST
  • Results declaration: On or before Tuesday, November 17, 2026
  • Board meeting date for initial appointments: Monday, September 28, 2026

Parties Involved

  • New Promoters: Anupam Rasayan India Limited (Purchaser) and Mates Visa Consultancy Private Limited (PAC)
  • Registrar and Transfer Agent: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Scrutinizer: Mr. Vijay Yadav, Partner of M/s. AVS & Associates, Practicing Company Secretaries
  • E-voting agency: Central Depository Services (India) Limited (CDSL)
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited

Items for Shareholder Approval

The postal ballot seeks approval for three Ordinary Resolutions for appointment of Directors:

1. Mr. Hetul Krishnakant Mehta (DIN: 01650314) as Non-Executive Non-Independent Director

2. Mr. Amar Dilip Shah (DIN: 00214357) as Non-Executive Non-Independent Director

3. Mr. Pramod Badrinarayan Kasat (DIN: 00819790) as Non-Executive Non-Independent Director

Background and Rationale

The appointments follow a change in company promoters after completion of:

  • Share Purchase Agreement dated May 23, 2026 between Anupam Rasayan India Limited and Sellers
  • Deed of Adherence dated July 17, 2026 executed between Mates Visa Consultancy Private Limited and Purchaser
  • Completion of Open Offer and consummation of transaction contemplated in SPA

Anupam Rasayan India Limited and Mates Visa Consultancy Private Limited have become the new promoters and nominated these three individuals for board positions.

Current Status

All three directors were initially appointed as Additional Directors in the capacity of Non-Executive Non-Independent Directors with effect from September 28, 2026, based on Board approval and recommendation of Nomination and Remuneration Committee.

Director Profiles and Remuneration

Mr. Hetul Krishnakant Mehta

  • Date of Birth: August 20, 1971 (55 years)
  • Nationality: Indian
  • Qualification: Degree in Chemical Engineering from Bharati Vidyapeeth, Pune
  • Experience: Entrepreneur with over 30 years in pharmaceutical industry, Managing Director of Praveen Laboratories Pvt. Ltd.
  • Remuneration: Only sitting fees for Board/Committee meetings
  • Equity holding: Nil shares
  • Other directorships: Four companies

Mr. Amar Dilip Shah

  • Date of Birth: December 14, 1978 (48 years)
  • Nationality: Indian
  • Qualification: Courses in Renewable Energy, International Energy Policy, Investment Appraisal and Project Management from Beuth University of Applied Sciences, Berlin
  • Experience: Business professional with experience in sales, marketing and business development, associated with Siyaram Silk Mills Limited
  • Remuneration: Only sitting fees for Board/Committee meetings
  • Equity holding: Nil shares
  • Other directorships: Nil

Mr. Pramod Badrinarayan Kasat

  • Date of Birth: July 31, 1967 (56 years)
  • Nationality: Indian
  • Qualification: MBA from University of Mumbai, Bachelor of Engineering (Hons.) in Electronics from BITS Pilani
  • Experience: Seasoned Investment Banker and Independent Board Director with over three decades experience, Managing Director of Intellecap (Aavishkaar Group)
  • Remuneration: Only sitting fees for Board/Committee meetings
  • Equity holding: Nil shares
  • Other directorships: Seven companies
  • Committee memberships: Fifteen committees across other companies

Voting Process Details

  • Remote e-voting through CDSL platform only
  • No physical ballot forms or business reply envelopes being sent
  • Notice sent only electronically to members with registered email addresses
  • Scrutinizer appointed: Mr. Vijay Yadav of AVS & Associates
  • Results will be posted on company website, RTA website, CDSL website, and communicated to stock exchanges

Additional Information

  • Documents available for electronic inspection by members without fee
  • Members can contact company at info@blissgvs.com/cs@blissgvs.com for queries
  • IEPF and share dematerialization reminders included in notice
  • ODR portal information provided for dispute resolution