Meeting Details
The company is conducting a postal ballot process (not a physical meeting) to obtain shareholder approval for special business. The process is conducted through electronic voting means only, in compliance with Section 110 of the Companies Act, 2013 and Rule 22 of the Companies (Management and Administration) Rules, 2014.
Proposed Resolution and Implications
The single special resolution seeks to increase the company's borrowing powers from the current limit of ₹4000 crore to ₹5000 crore. The enhanced borrowing capacity will enable the company to:
- Fund the construction of a new 54,000 MTPA BOPP film line at the Dharwad facility in Karnataka
- Support ongoing expansion and future growth plans
- Capitalize on strategic and technology-driven opportunities in the packaging business
- Provide financial flexibility for emerging business opportunities
The borrowing may include various instruments such as cash credit, advances, deposits, loans, bill discounting, debentures, bonds (domestic & overseas), commercial papers, financial/money market instruments, suppliers' credit, securitized instruments, syndicated loans, and external commercial borrowings in rupees or foreign currencies.
Voting Process and Methods
The voting will be conducted exclusively through electronic means (remote e-voting) with no physical polling. The company has engaged Central Depository Services (India) Limited (CDSL) to provide the e-voting facility. The scrutinizer for the process is Mr. Mahesh Kumar Gupta, Proprietor of M/s Mahesh Gupta & Co., Practicing Company Secretary.
Key Voting Timeline and Details
- Cut-off date for determining voting rights: Friday, 25th September, 2026
- E-voting period: Friday, 2nd October, 2026 at 9:00 a.m. to Saturday, 31st October, 2026 at 5:00 p.m.
- Results announcement: On or before Monday, 2nd November, 2026
- Resolution deemed passed on: Saturday, 31st October, 2026
Shareholder Voting Instructions
The notice provides detailed voting instructions for different categories of shareholders:
- Individual shareholders holding shares in demat mode can vote through CDSL/NSDL e-Voting systems using their demat account credentials
- Physical shareholders and non-individual shareholders in demat mode must use the CDSL e-Voting system at www.evotingindia.com
- Helpdesk contacts are provided for technical support: CDSL (helpdesk.evoting@cdslindia.com, toll free 1800 21 09911) and NSDL (evoting@nsdl.com, 022-4886 7000)
Compliance and Regulatory References
The process complies with:
- Section 110 read with Section 108 of the Companies Act, 2013
- Rule 22 of the Companies (Management and Administration) Rules, 2014
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Secretarial Standard on General Meetings (SS-2)
- MCA General Circular No. 03/2025 dated September 22, 2025
- SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 09.12.2020
Signatories and Contact Information
The notice is signed by Ritesh Chaudhry, Sr. Vice President - Secretarial & Company Secretary (ACS No. 19966). Company registration details: CIN L22209DL1988PLC032166. Registered office: 305, Third Floor, Bhanot Corner, Pamposh Enclave, Greater Kailash – I, New Delhi – 110 048. Email: secretarial@uflexltd.com, Website: www.uflexltd.com.
Results Disclosure
The voting results along with the scrutinizer's report will be:
- Intimated to BSE and NSE stock exchanges
- Uploaded on the company's website (www.uflexltd.com)
- Uploaded on CDSL's website (www.evotingindia.com)
- Displayed on the notice board of the company's registered office and corporate office