Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting under SEBI LODR Regulations
Date of Board Meeting / Approval: September 23, 2026 (4:00 PM to 4:18 PM)
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights:
Standalone Results: Not Specified
Consolidated Results: Not Specified
Corporate Actions:
Fundraising: Approved raising funds up to ₹300 crore through issuance of equity shares (face value ₹1 each) and/or other eligible securities via private placement, qualified institutions placement, preferential issue, or any other permissible methods
Delegation of Powers: Management Committee authorized to handle issue and allotment of equity shares and/or other eligible securities for fundraising up to ₹300 crore
Articles of Association Alteration: Proposed amendment to Article 22(i) regarding call money provisions on unpaid shares, requiring call payment intervals of not less than 15 days between calls
Postal Ballot Approval: Board approved seeking shareholder approval through postal ballot with remote e-voting for:
- Material related party transactions for FY 2026-27
- Raising capital from eligible investors through equity/eligible securities issuance
- Alteration of Articles of Association
Postal Ballot Calendar of Events:
- Date of Board approval: September 23, 2026
- Date of Scrutinizer appointment: September 23, 2026
- Cut-off date for mailing notice: September 23, 2026
- Dispatch of notice by email: by September 29, 2026
- Newspaper advertisement: by September 30, 2026
- E-voting start: September 30, 2026 (9:00 AM)
- E-voting end: October 29, 2026 (5:00 PM)
- Results declaration: within 2 working days after voting closure
Other Significant Information:
Shareholder Communication: Postal ballot notice will be sent electronically to members with registered email addresses
Voting Method: Assent or dissent shall be obtained only through remote e-voting system