Anik Industries Limited has informed the Exchange regarding Notice of Postal Ballot
ANIKINDS · price
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Anik Industries Limited has sent out a Postal Ballot notice to shareholders seeking their approval on two items. The first is a Special Resolution to appoint Mr. Mahesh Kumar Sharma (DIN: 09078331) as Whole-Time Director for a 4-year term (20 January 2026 to 19 January 2030) with a monthly CTC of Rs. 1,20,000 (Basic Pay Rs. 48,000 plus allowances, bonus and gratuity). The second is an Ordinary Resolution to reclassify 16 promoter/promoter group entities — including Patanjali Foods Limited, Mrs. Usha Shahra, and Mr. Suyash Shahra — to the 'Public' category, covering a total of 6,48,260 shares (2.33% of holding). The stock exchanges BSE and NSE have already granted their No-Objection Certificate for the reclassification on 20 January 2026. The e-voting window runs from 26 February 2026 to 27 March 2026, and results will be announced on or before 31 March 2026. The company reported FY25 standalone revenue of Rs. 11,637.25 lakhs and profit after tax of Rs. 388.30 lakhs (EPS Rs. 1.40).
Shareholders need to vote on the director appointment and promoter reclassification by 27 March 2026. The reclassification of promoters to 'public' category could increase the public float and free-float available for trading, which is generally a mildly positive signal for liquidity. The new director's remuneration is modest and unlikely to materially impact financials.