Barak Valley Cements Limited has informed the Exchange regarding Notice of Postal Ballot
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Barak Valley Cements Limited has issued a Postal Ballot Notice seeking shareholder approval to increase its Authorised Share Capital from Rs. 25 crore to Rs. 60 crore, divided into 6 crore equity shares of Rs. 10 each (an addition of 3.5 crore shares). The proposal also includes amending the Capital Clause of the company's Memorandum of Association. The resolution will be passed as an Ordinary Resolution through remote e-voting only. The e-voting window opens on January 8, 2026 and closes on February 7, 2026, with results to be declared on or before February 10, 2026. The cut-off date to determine eligible voters is January 2, 2026.
This does not issue new shares immediately but creates room for future fundraising, expansion, or stock splits. Shareholders should watch for a follow-up announcement on a rights issue, preferential allotment, or further capital raise plan using this expanded headroom.