Notice of Postal Ballot
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Advance Metering Technology Ltd is seeking shareholder approval via postal ballot for 5 resolutions. Key proposals include appointing Mrs. Natasha Tara Ranade as Executive Director (5-year term from April 2026, Rs 1 lakh monthly salary plus perquisites), authorizing loans/guarantees up to Rs 6 crore under Section 185, approving investment limits up to Rs 6 crore under Section 186, material related party transactions with Industrial Solutions Corporation LLP up to Rs 9.5 crore for FY 2026-27 and 2027-28, and changing Mrs. Ameeta Ranade's designation to Chairman cum Non-Executive Director. Both Natasha and Ameeta Ranade share the same surname, indicating a family connection in the promoter group. Voting period is May 9 to June 7, 2026.
The appointment of Natasha Ranade (appears to be from the same family as Chairman Ameeta Ranade) and related party transactions worth Rs 9.5 crore with an entity linked to company directors warrant close attention from minority shareholders regarding governance and potential conflicts of interest.