Pursuant to Regulation 30 of Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we enclose herewith Postal Ballot Notice along with ....
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Deep Health AI India Ltd (BSE: 539559), formerly known as Deep Diamond India Limited, has issued a Postal Ballot Notice seeking shareholder approval to increase its Authorized Share Capital from Rs. 15 crore (15 crore equity shares of Rs. 1 each) to Rs. 50 crore (50 crore equity shares of Rs. 1 each). This will also require a corresponding change to the Capital Clause (Clause V) of the company's Memorandum of Association. The proposal is being put forward as an Ordinary Resolution, with the company describing it as a routine enabling measure to provide headroom for future business needs, growth, and strategic opportunities. Remote e-voting runs from February 27, 2026 to March 28, 2026, with the cut-off date set at February 20, 2026, and results expected by March 31, 2026.
This is a pre-emptive increase in authorized capital, not an actual share issuance, so there is no immediate dilution. However, it gives the company flexibility to issue new shares in the future for fundraising, acquisitions, or expansion, which could affect existing shareholders' interests down the line. Watch for any follow-up announcements regarding a specific fundraising or preferential allotment using this expanded headroom.