Newspaper Publication for Notice of Postal Ballot.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Advance Metering Technology Limited (AMTL) has published newspaper advertisements for a Postal Ballot Notice seeking shareholder approval via remote e-voting. Five resolutions are proposed: (1) Appointment of Mrs. Natasha Tara Ranade as Whole Time Director (Executive Director), (2) Approval for loan/guarantee under Section 185, (3) Approval for investments/loans under Section 186, (4) Related party transaction with RRR Corporation LLP, and (5) Change in designation of Mrs. Ameeta Ranade to Chairman cum Non-Executive Non-Independent Director. The company's strong Q4 FY26 performance shows Total Income of ₹1,598.58 Cr and Net Profit after Tax of ₹339.55 Cr, with FY26 figures at ₹6,062.54 Cr and ₹777.64 Cr respectively. E-voting period runs from May 9, 2026 to June 7, 2026, with results to be announced by June 8, 2026.
The appointment of a new Whole Time Director and change in chairman designation indicate potential leadership restructuring. The related party transaction with RRR Corporation LLP and Section 185/186 approvals may have implications for related-party exposure and require shareholder scrutiny. Strong profitability numbers provide a positive backdrop for these governance proposals.