Stallion India Fluorochemicals seeks shareholder approval via postal ballot to vary IPO proceeds utilization, including land acquisition.
The company proposes replacing warehouse construction with acquisition of adjoining land at Khalapur for ₹7.80 crore to enable future expansion.
Monitoring agency CARE reported deviations including ₹3.99 crore excess issue expenses and ₹3.71 crore excess working capital utilization.
Remote e-voting through NSDL will occur from May 1-30, 2026, with results to be declared by June 6, 2026.