Key Decisions and Approvals
Postal Ballot for Preferential Issue:
- The Board approved conducting a Postal Ballot process through remote e-voting to seek member approval via Special Resolution for the proposed preferential issue of equity shares
- This preferential issue was previously approved by the Board at its meeting held on May 30, 2026
- The Board approved the Postal Ballot Notice along with Explanatory Statement pursuant to Companies Act, 2013 and SEBI (ICDR) Regulations, 2018
Scrutinizer Appointment:
- Appointed M/s Kanungo Agrawal & Co., Company Secretaries, as Scrutinizer for conducting the Postal Ballot process
Postal Ballot Schedule:
- Fixed May 29, 2026 as the cut-off date for determining eligibility of members to receive Postal Ballot Notice and exercise voting rights
- Postal Ballot Notice will be sent only to members whose names appear in the Register of Members or Register of Beneficial Owners maintained by Depositories as on May 29, 2026
Cost Auditor Appointment:
- Appointed M/s. Sanat Joshi & Associates, Cost Accountants, as Cost Auditors for financial year 2026–27
- This is a re-appointment effective from June 4, 2026
- The firm has over 11 years of professional practice with expertise in cost and management accounting, cost audits, compliance, and strategic financial advisory
Meeting Details
- Meeting date: June 4, 2026
- Commencement time: 4:30 PM
- Conclusion time: 5:30 PM