Meeting Details

This is a postal ballot process; there is no physical meeting. The assent or dissent of members will be considered only through a remote e-Voting process. The resolution is deemed to be passed on the last date of e-voting, July 9, 2026, if approved by the requisite majority.

Proposed Resolution and Implications

The single resolution under Special Business is for an Increase in Authorized Share Capital and consequent amendment to Memorandum of Association of the Company. The proposal is to increase the Authorized Share Capital from ₹ 280,000,000 (28,000,000 equity shares of ₹10 each) to ₹ 406,000,000 (40,600,000 equity shares of ₹10 each). This involves the creation of an additional 12,600,000 equity shares. The explanatory statement cites the requirement for funds to expand the business as the reason for this increase. The resolution requires the consequent alteration of Clause 5.a of the company's Memorandum of Association to reflect the new authorized capital.

Voting Process

  • The company has appointed M/s SARK & Associates LLP, Company Secretaries, as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.
  • The remote e-Voting period commences at 09:00 a.m. (IST) on Wednesday, June 10, 2026, and ends at 05:00 p.m. (IST) on Thursday, July 9, 2026.
  • The company has engaged Bigshare Services Private Limited to provide the remote e-Voting facility.
  • The notice is being sent only by electronic mode to members whose email IDs are registered with the company/depositories as of the cut-off date, Friday, June 5, 2026. No physical copies are being sent.
  • Voting rights are one vote per equity share, reckoned on the paid-up value of shares held as of the cut-off date.

Key Voting Outcomes and Scrutinizer's Role

The Scrutinizer, M/s SARK & Associates LLP, will submit a report to the Chairman of the company upon completion of the scrutiny of the votes. The results of the postal ballot will be:

  • Announced on or before Saturday, July 11, 2026 (Note: The document contains a typographical error, also stating July 11, 2022, but the correct year from the context is 2026).
  • Communicated to the National Stock Exchange of India Limited (NSE) where the company's shares are listed (Scrip Code: LIBAS, ISIN: INE908V01012).
  • Displayed on the company's website (https://www.riyazgangjilibasconsumerproductltd.com) and on Bigshare's website (https://ivote.bigshareonline.com).

The document provides the total number of votes cast and the percentage in favor/against will be determined after the e-voting period concludes and the scrutinizer completes the count. A breakdown by shareholder category (Promoters, Public, Institutions) is not provided in this notice and will be part of the final results.

Compliance Statement

The notice confirms compliance with:

  • The Companies Act, 2013, specifically Sections 102, 108, and 110.
  • The Companies (Management and Administration) Rules, 2014.
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulations 30 and 44.
  • Ministry of Corporate Affairs (MCA) Circulars, including General Circular Nos. 14/2020, 17/2020, and the latest, 03/2025 dated September 22, 2025, which mandate sending notices only through electronic mode.
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI.

Other Relevant Information

  • The company's Registered Office is at Aapki Industrial Premises Coop Soc. Ltd., Unit No. 62, Masrani Lane, Sidhpura Ind Estate, Halav Pool, Kurla (West), Mumbai-400070. CIN is L18101MH2004PLC149489.
  • Relevant documents are open for inspection at the Registered Office on all working days until the conclusion of the voting period (July 9, 2026).
  • Detailed instructions for remote e-voting for shareholders using CDSL, NSDL, and physical holdings are provided within the notice.
  • The helpdesk contact for e-voting issues is provided: email ivote@bigshareonline.com or phone 022-62638338.