Aditya Birla Capital Limited has informed the Exchange about Copy of Newspaper Publication
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Aditya Birla Capital Limited has published a newspaper advertisement on 22 May 2025 (in Business Standard and Sandesh Rajkot) regarding its Postal Ballot Notice seeking shareholder approval through remote e-voting. The Postal Ballot covers five special resolutions: (1) appointment of Mr. Nagesh Pinge as Independent Director for 5 years from 1 April 2025, (2) appointment of Mr. Sunil Srivastava as Independent Director for 5 years from 1 April 2025, (3) increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013, (4) creation of charge/security on Company assets under Section 180(1)(a), and (5) issue of Non-Convertible Debentures on a private placement basis. The e-voting window is open from 22 May 2025 (9:00 AM) to 20 June 2025 (5:00 PM), with the cut-off date being 18 May 2025. Results will be announced on or before 24 June 2025.
Shareholders can vote electronically between 22 May and 20 June 2025 on key corporate matters including new board appointments, higher borrowing capacity, and NCD issuance. Approval of the borrowing limit increase and NCD issuance would give the company greater flexibility to raise debt capital, while the new Independent Directors would strengthen board oversight.