Zinka Logistics Solutions Limited has informed the Exchange regarding Notice of Postal Ballot
BLACKBUCK · price
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The company has sent a Postal Ballot Notice to shareholders seeking approval through remote e-voting on three special resolutions. The first is to formally change the company's legal name from 'Zinka Logistics Solutions Limited' to 'BlackBuck Limited', a branding alignment since it already trades as BLACKBUCK on the exchanges; MCA has already given its no-objection to the new name. The other two resolutions seek shareholder ratification of the ESOP Plan 2016 and ESOP Plan 2019, with amendments aligning them with SEBI's Share-Based Employee Benefits and Sweat Equity Regulations, 2021 — covering how stock options are treated in cases of death, permanent incapacity, resignation, or termination. The amendments do not change the number of stock options or exercise price, so there is no additional equity dilution beyond what was already approved.
The name change is purely cosmetic and does not affect shareholder rights, existing contracts, or the company's financial position. The ESOP ratification is a regulatory housekeeping exercise with no new dilution, so it should be neutral for shareholders. Investors just need to vote during the e-voting window (July 11 to August 9, 2025); results will be announced by August 12, 2025.