Intimation of Notice of Postal Ballot of our Company dated May 28, 2026 pursuant to Regulation 30 and Schedule III of Securities and Exchange Board of India (Listing Obligations and Disclosure ....
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AccelerateBS India Limited has issued a Postal Ballot Notice dated May 28, 2026, seeking shareholder approval for 7 Special Resolutions via e-voting from May 30, 2026 to June 28, 2026. The key items include revision in remuneration for 4 Key Managerial Personnel (KMPs): basic salary increased from INR 55 lakh to INR 65 lakh per annum with performance pay up to 300% of basic salary. The company also seeks authorization to borrow up to INR 60 crore, create charges/mortgages up to INR 60 crore, and make loans/give guarantees up to INR 60 crore for the company and subsidiaries. All resolutions are special business items requiring 75% shareholder approval.
Shareholders should carefully evaluate the proposed remuneration hikes for promoters (Shah family members hold key positions) and the expanded financial powers (INR 60 crore borrowing/investment limits) which could impact future capital allocation and governance. Voting deadline is June 28, 2026.