Enclosed herewith is the Notice of Postal Ballot dated November 04th, 2025
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Continental Controls Ltd (BSE: 531460) has issued a Postal Ballot Notice dated November 4, 2025, asking shareholders to vote on seven resolutions via remote e-voting from November 5 to December 4, 2025. The biggest proposal is a sharp hike in authorized share capital from ₹9.15 crore to ₹59.15 crore (about 6.5 times), with a corresponding change to the Memorandum of Association. The company also wants to alter its objects clause to add real estate development, brokerage, and online e-commerce marketplace activities as new business areas. In addition, shareholders are being asked to approve five material related party transactions for FY 2025-2026 with Onelife Capital Advisors, Dealmoney Commodities, Dealmoney Real Estate, Dealmoney Distribution and E-marketing, and Sarsan Securities — all classified as related parties under SEBI rules.
The huge jump in authorized capital signals the company is preparing to raise substantial new funds, possibly through a large share issuance, which could lead to dilution for existing shareholders. The shift into real estate and e-commerce marketplace is a major business diversification away from its current line, and the bundling of five related party transactions in a single notice raises governance questions that minority shareholders should watch closely.