The notice was sent exclusively via electronic mode to all members whose email addresses were registered with the Company, Depositories, or the Registrar and Transfer Agent (RTA), Cameo Corporate Services Limited, as of the cut-off date of Friday, 24th July 2026. Hard copies were not dispatched.

Nature of the Event

The event is a postal ballot conducted via remote e-voting to seek shareholder approval for increasing the company's authorized share capital.

Key Resolution & Financial Figures

The single ordinary resolution seeks approval to:

  • Increase the authorized share capital from ₹25,00,00,000 (Rupees Twenty-Five Crore) divided into 2,50,00,000 equity shares of ₹10 each to ₹45,00,00,000 (Rupees Forty-Five Crore) divided into 4,50,00,000 equity shares of ₹10 each.
  • This involves the creation of an additional 2,00,00,000 equity shares of ₹10 each, which will rank pari-passu with existing shares.
  • Consequentially alter Clause V of the company's Memorandum of Association (MOA) to reflect the new authorized capital.

The stated rationale for the increase is to facilitate the infusion of additional funds and broaden the company's capital structure.

Dates and Timeline

  • Board Meeting Date: The resolution was approved by the Board of Directors on Wednesday, 29th July 2026.
  • Notice Date: 29th July 2026.
  • E-voting Period: Commences at 9:00 AM (IST) on Friday, 31st July 2026 and ends at 5:00 PM (IST) on Saturday, 29th August 2026.
  • Result Declaration: The results will be declared on or before Tuesday, 1st September 2026.
  • Deemed Passing Date: The resolution will be deemed passed on the last date of e-voting, i.e., 5:00 PM (IST) on Saturday, 29th August 2026, if approved.

Parties Involved

  • Scrutinizer: Mr. Murtuza Mandorwala, Practicing Company Secretary (Membership No. F10745, COP No. 14284), appointed to scrutinize the e-voting process.
  • E-Voting Service Provider: National Securities Depository Limited (NSDL)
  • Registrar and Transfer Agent (RTA): Cameo Corporate Services Limited
  • Stock Exchange: BSE Limited
  • Managing Director: Bhavesh Ramgopal Maheshwari (DIN: 06573087), who signed the notice.

Voting Procedure

Shareholders can vote only through the remote e-voting facility provided by NSDL. Detailed instructions for different types of shareholders (demat with NSDL, demat with CDSL, physical holders) are provided in the notice. The voting right shall be in proportion to the paid-up equity share capital held as of the cut-off date (24th July 2026).

Capital Structure Impact

The proposal will alter the company's capital structure by increasing the ceiling for issued capital. The post-resolution authorized capital will be ₹45 crore. The resolution grants the Board of Directors authority to take all necessary actions to implement this change.

Governance and Interest

None of the Directors, Key Managerial Personnel, or their relatives are concerned or interested in the resolution, except to the extent of their shareholding and directorship in the company.

Document Availability

The notice and relevant documents are available on the company's website (www.siyaramindustries.co.in) and for electronic inspection by members upon request via email (cs@siyaramindustries.co.in) until the end of the e-voting period.