Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we are submitting herewith Postal Ballot Notice of EGM to be held through remote e-voting for seeking consent of the members ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Vaghani Techno-Build Limited (BSE Scrip: 531676) has issued a Postal Ballot Notice dated 7th April 2025 seeking shareholder approval via remote e-voting (NSDL platform) for two special resolutions. Resolution 1 proposes changing the company's main object clause to dramatically broaden its business scope beyond construction and infrastructure into renewable energy (solar, green hydrogen, waste-to-energy, biomass) and pharmaceutical/chemical manufacturing. Resolution 2 seeks approval to shift the registered office from Mumbai (Maharashtra) to Gujarat, with consequent changes to the Memorandum of Association. The cut-off date for voting eligibility is 5th April 2025; e-voting runs from 12th April 2025 (9:00 AM) to 12th May 2025 (5:00 PM), with results to be announced on or before 14th May 2025. Mrs. Krishna Hardik Bhavsar (Practicing Company Secretary) has been appointed as scrutinizer.
The expansion of main objects into solar/green energy and pharmaceuticals represents a significant potential business diversification away from the company's traditional construction focus, which could materially reshape its future revenue mix and valuation narrative. The registered office shift to Gujarat (where the promoters are based) is largely administrative but may support operational relocation.