Key Quantitative Figures

  • Current Permissible Limit (Section 186): ₹1,219.79 crore (100% of free reserves and securities premium account)
  • Proposed Enhanced Limit: ₹1,500 crore (Indian Rupees Fifteen Hundred Crores)
  • Current Aggregate Exposure (as of March 31, 2026): ₹1,004.73 crore (includes investments and financial assistance to wholly owned subsidiaries)
  • 60% of paid-up share capital, free reserves and securities premium account: ₹767.99 crore

Dates and Timeline

  • Cut-off Date for Voting Eligibility: Friday, June 26, 2026
  • Dispatch of Notice Electronically: Friday, July 3, 2026
  • Remote E-voting Period: Saturday, July 4, 2026 at 9:00 AM IST to Sunday, August 2, 2026 at 5:00 PM IST
  • Result Declaration: Within stipulated timelines after scrutinizer's report submission (within 2 working days from August 2, 2026)

Parties Involved

  • E-voting Service Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Scrutinizer: Shri K. K. Sachdeva (M. No. FCS 7153), proprietor of M/s K. K. Sachdeva & Associates
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
  • Depositories: NSDL and CDSL

Purpose and Rationale

The company seeks enhanced financial flexibility for timely deployment of funds into strategic investments, growth opportunities, and business expansion initiatives. The proposed authorization will enable the Board of Directors to make investments, provide loans, give guarantees, and/or provide securities to other body corporates as considered necessary in the interest of the company.

Voting Procedure

  • Remote e-voting only (no physical ballot)
  • Electronic notice sent to members with registered email addresses
  • Voting through MUFG Intime platform at https://instavote.linkintime.co.in/
  • Event Number: 260364
  • Different login methods for NSDL, CDSL, and physical shareholders
  • Institutional shareholders require special registration and authorization documents

Financial and Compliance Status

The company has neither accepted deposits under the Companies Act, 2013 nor has defaulted in the repayment of deposit or any payment of interest thereon.

Disclosure of Interest

None of the directors, Key Managerial Personnel, or their relatives are concerned or interested in this resolution, except to the extent of their shareholding, if any, in the company.

Document Availability

The Postal Ballot Notice is available on:

  • Company website: https://sandhargroup.com/
  • BSE website: www.bseindia.com
  • NSE website: www.nseindia.com
  • MUFG Intime website: https://instavote.linkintime.co.in/