Meeting Details

  • Type of Meeting: Postal Ballot (remote e-voting only)
  • Cut-off date for eligibility: 29th September, 2026
  • E-voting period: 05th October, 2026 (9:00 AM) to 03rd November, 2026 (5:00 PM)
  • Result declaration date: On or before 05th November, 2026

Proposed Resolution and Implications

The special resolution seeks shareholder approval to:

  • Authorize the Board of Directors to sell, lease, or otherwise dispose of the whole or substantially the whole of the company's undertakings
  • Apply to undertakings where investment exceeds 20% of net worth or generates 20% of total income
  • Maximum disposal value: ₹39 crores (including ₹25 crores previously approved)
  • The resolution is enabling and requires special majority under Section 180(1)(a) of Companies Act, 2013

Voting Process and Methods

  • Voting method: Remote e-voting only (no physical polling)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer appointed: Aabid & Co., Company Secretaries (Membership No. F6579, CP No. 6625)
  • Notice dispatched: 01st October, 2026 via email to registered shareholders

Key Voting Outcomes

  • Total votes cast: To be determined after e-voting period
  • Percentage in favor/against: To be declared by scrutinizer
  • Participation breakdown: To be categorized by shareholder type after voting completion

Scrutinizer's Role and Findings

  • Aabid & Co. will count votes in presence of two witnesses not employed by the company
  • Scrutinizer report to be submitted within 2 working days of e-voting conclusion
  • Results to be declared by Chairman or authorized person
  • Final results to be posted on company website and stock exchange websites

Compliance Confirmation

  • Compliance with: Section 108 and 110 of Companies Act, 2013; Rule 20 and 22 of Companies (Management and Administration) Rules, 2014; SEBI Listing Regulations; MCA Circulars dated April 8, 2020, April 13, 2020, September 25, 2023, and September 22, 2025; Secretarial Standard SS-2

Signatories and Roles

  • Priya Amit Manglani, Company Secretary & Compliance Officer, signed the notice on 23rd September, 2026 and the covering letter on 01st October, 2026
  • The document was digitally signed with timestamp verification

Additional Information

  • Company CIN: L70200MH1987PLC042598
  • Helpdesk contacts provided for technical voting assistance
  • Green initiative emphasized with electronic-only communication