Announced Mon, 16 Feb · 14:01 IST

News paper publication for Postal Ballot

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

B2B Software Technologies has issued a Postal Ballot notice seeking shareholder approval through e-voting for two key proposals: (1) issuance of Bonus Shares in the ratio of 1:2 (one new bonus share for every two existing shares held), and (2) an increase in Authorised Share Capital from Rs. 12 Crores to Rs. 18 Crores, along with a consequential amendment to the Memorandum of Association. The Postal Ballot notice was dispatched on February 13, 2026 via electronic mode to shareholders as on the cut-off date of February 7, 2026. E-voting commences on February 15, 2026 at 9:00 a.m. and closes on March 16, 2026 at 5:00 p.m., with results to be announced by March 18, 2026. Mr. Sri Manikya Ram Devata, Practising Company Secretary, has been appointed as the Scrutinizer to oversee the e-voting process in a fair and transparent manner. No physical ballot forms are being sent, and voting is restricted to electronic mode only per MCA circulars.

Likely market impact

If approved, the 1:2 bonus issue will increase the total number of outstanding shares by 50%, which is generally seen as a positive shareholder-friendly action though it dilutes per-share metrics. The authorised capital hike from Rs. 12 Cr to Rs. 18 Cr gives the company more room for future fund-raising or stock splits, though no specific plans were disclosed.