Intimation under Regulation 30 - Notice of Postal Ballot
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EMA India Limited has issued a Postal Ballot Notice to shareholders seeking approval for 10 resolutions via remote e-voting from November 24, 2025 to December 23, 2025. Key business resolutions include altering the Main Objects of the Memorandum of Association to add new business areas covering electronic components, audio-visual devices, and notably explosives, ammunition and related products. The company also proposes shifting its registered office from Uttar Pradesh to Maharashtra and adopting a new set of Articles of Association aligned with the Companies Act, 2013. On the financing side, the company is seeking shareholder approval for related party transactions with Dynalog India Limited aggregating up to Rs. 9 crore (sale/purchase of goods, fixed assets, capital contributions/loans, and guarantees), plus omnibus approval for loans, guarantees and investments up to Rs. 25 crore each under Sections 185 and 186. On governance, three directors are being formalised - Mr. Akshay Shivaji Adhalrao and Ms. Madhuri Adhalrao as Directors, and Mr. Rohit Goyal as Independent Director for a 5-year term. Mr. Akshay Adhalrao is also being appointed as Managing Director for 3 years (Nov 14, 2025 to Nov 14, 2028).
Shareholders are being asked to approve a significant business diversification (especially the new explosives/ammunition vertical), a state-level relocation, and consolidated board changes - all via e-voting. The outcomes will shape the company's strategic direction and leadership for the next several years; results expected by December 25, 2025.