Notice of Postal Ballot_As attached
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Ashnisha Industries Limited has issued a Postal Ballot notice to shareholders for two special resolutions. The first resolution seeks to regularize the appointment of Mr. Kunjan Nathabhai Rathod (DIN: 10964701) as a Non-Executive Independent Director for a 5-year term from 13 December 2025 to 12 December 2030. Mr. Rathod is 31 years old and brings over 5 years of experience in transport and logistics. The second resolution proposes adding a new object clause to the company's Memorandum of Association to allow trading, buying, selling, importing, exporting, and investing in commodities including metals, bullion, minerals, energy products, and derivatives, both in India and abroad. The e-voting window runs from 3 February 2026 (9:00 AM) to 4 March 2026 (5:00 PM), with results to be declared on or before 6 March 2026. The cut-off date for shareholder eligibility is 30 January 2026. CDSL has been engaged to facilitate the e-voting process.
Shareholders will vote on adding a new director to the board and on expanding the company's business scope into commodity trading, which signals a diversification move beyond the current business. The stock may see mild interest as commodity trading is a broader and potentially more profitable line of business, though execution risk remains. Investors should review both resolutions and vote before 4 March 2026.