Item 1: Rescinding of Previous Capital Increase Resolution
The company seeks to rescind the Ordinary Resolution passed at the Extra Ordinary General Meeting held on February 20, 2026, which approved an increase in Authorised Share Capital and alteration in Clause V (Capital Clause) of the Memorandum of Association.
The Board of Directors, at its meeting held on July 30, 2026, considered it appropriate to rescind this resolution in light of revised capital requirements for a proposed Rights Issue.
This requires an Ordinary Resolution approval from members.
Item 2: Increase in Authorised Share Capital
The company proposes a significant increase in Authorised Share Capital from ₹7,50,00,000 (Rupees Seven Crore Fifty Lakhs Only) divided into 75,00,000 Equity Shares of ₹10/- each to ₹77,50,00,000 (Rupees Seventy Seven Crore Fifty Lakhs Only) divided into 7,75,00,000 Equity Shares of ₹10/- each.
This represents the creation of an additional 7,00,00,000 Equity Shares of ₹10/- each, ranking pari passu with existing equity shares.
The increase is intended to facilitate the proposed Rights Issue and provide sufficient authorized capital for future issuance of Equity Shares and other corporate requirements.
This requires a Special Resolution approval from members under Sections 13, 61 and 64 of the Companies Act, 2013.
Clause V of the Memorandum of Association will be substituted accordingly.
Voting Details and Timeline
Remote e-voting period: Commences on Thursday, August 06, 2026 at 9:00 AM IST and ends on Friday, September 04, 2026 at 5:00 PM IST
Record Date for determining voting eligibility: Friday, July 31, 2026
Voting rights will be in proportion to shareholding as on the Record Date
The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility
Physical Postal Ballot Forms are not being sent to members
Scrutinizer Appointment
Ms. Shubhangi Rajkumar Agarwal, Practising Company Secretary, has been appointed as Scrutinizer to conduct the Postal Ballot process
Results Declaration
Results of the Postal Ballot along with Scrutinizer's Report will be declared on or before Sunday, September 06, 2026
Results will be placed on the company website (https://www.velloraimpact.com/) and communicated to BSE Limited
If approved, resolutions will be deemed passed on the last date of the remote e-voting period (September 04, 2026)
Financial Impact
The capital increase represents a 933% expansion of authorized share capital from ₹7.5 crore to ₹77.5 crore
Specific financial impact of the Rights Issue is not quantified in this disclosure
Governance Aspects
None of the Directors, Key Managerial Personnel or their relatives are concerned or interested in the resolutions, except to the extent of their shareholding
The Board recommends both resolutions for shareholder approval
