Afcons Infrastructure Limited has informed the Exchange about Copy of Newspaper Publication related to Notice of Postal Ballot and E-voting
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Awaiting price reaction for this filing.
Afcons Infrastructure has submitted copies of newspaper advertisements published on January 10, 2026 in Business Standard, Free Press Journal, and Navshakti regarding a Postal Ballot notice. The Postal Ballot seeks shareholder approval for a Material Related Party Transaction between Afcons Construction Mideast LLC (its wholly-owned subsidiary) and Shapoorji Pallonji Mideast LLC (a subsidiary of the Promoter Company, Shapoorji Pallonji Group). The Notice was electronically dispatched on January 9, 2026 to members whose email IDs were registered, with a cut-off date of January 2, 2026. Remote e-voting will run from January 12, 2026 (9:00 AM IST) to February 10, 2026 (5:00 PM IST), with results to be declared by February 12, 2026. Mr. Milesh Dhabliwala has been appointed as Scrutinizer, and NSDL is the e-voting agency.
This is a procedural compliance filing, but the underlying resolution is a related-party transaction involving the Shapoorji Pallonji promoter group, which requires ordinary resolution approval from shareholders. Retail investors should review the terms of the transaction before casting their vote during the e-voting window.