Captain Technocast Limited has concluded a postal ballot process to seek shareholder approval for the sale of shares in its material subsidiary, Vartis Engineering Private Limited.
The Board of Directors, in their meeting held on 16th May 2026, decided to obtain member consent through a postal ballot pursuant to Section 110 of the Companies Act, 2013, read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company provided remote e-voting and postal ballot facilities for voting, engaging NSDL to provide the remote e-voting service. The voting period commenced on Tuesday, 19th May 2026, at 9:00 AM IST and concluded on Wednesday, 17th June 2026, at 5:00 PM IST.
The Board appointed Mr. Kishor Dudhatra, a Practising Company Secretary, as the scrutinizer to oversee the vote counting process and ensure it was conducted in a fair and transparent manner. The scrutinizer is responsible for submitting a report to the Chairman of the company following the scrutiny of all votes cast.
The final voting results and the scrutinizer's report will be submitted to the stock exchanges.
The notice and postal ballot form were sent electronically to members whose email addresses were registered with the company/depositories. Physical copies were sent to members who had not registered their email addresses.