ELCIDINBSEEL CID Investments LtdLowNeutral
Announced Wed, 28 Jan · 16:09 IST

Please find the enclosed revised Postal Ballot notice dated January 28, 2026.

Board & Shareholder Meetings View source PDF

ELCIDIN · price

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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

Elcid Investments Limited has filed a revised postal ballot notice (only change being an updated RTA email ID) seeking shareholder approval to alter the Main Objects Clause of its Memorandum of Association. The company received a Type-I NBFC-ND certificate from the RBI on September 17, 2025, and needs to amend its objects clause from 'financing industrial enterprises' to a clause reflecting pure investment activities to comply with RBI conditions. The Board clarified this is purely a procedural/regulatory change and does not alter the company's principal line of business. E-voting runs from February 3, 2026 to March 4, 2026, with results expected by March 6, 2026. The resolution requires approval as a special resolution.

Likely market impact

This is a routine regulatory housekeeping change tied to the company's NBFC registration with the RBI and should not affect operations or shareholder value. Shareholders should vote on the postal ballot before March 4, 2026 to have their say on the MOA amendment.