Newspaper Advertisement - Postal Ballot Notice dated November 10, 2025.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Autoriders International Ltd has published a newspaper advertisement in Free Press Journal (English) and Navshakti (Marathi) on November 14, 2025, confirming the dispatch of a Postal Ballot Notice dated November 10, 2025. The company is seeking shareholder approval through remote e-voting for three special resolutions: (1) increasing the limit under Section 180(1)(a) for creating charges on company assets, (2) raising the overall borrowing limit under Section 180(1)(c), and (3) reappointment of the Managing Director. The e-voting window runs from November 14, 2025 (9:00 AM) to December 13, 2025 (5:00 PM), with results to be announced by December 16, 2025. Mr. Kaushal Dalal of KDA & Associates has been appointed as the scrutinizer to oversee the postal ballot process.
Shareholders should review and vote on these special resolutions, particularly the increase in borrowing limits, which could lead to higher debt levels and associated interest obligations. The reappointment of the Managing Director signals leadership continuity. Shareholders who do not vote electronically will effectively forfeit their voting rights on these important corporate matters.