Gloster Limited has informed the Exchange about Copy of Newspaper Publication
GLOSTERLTD · price
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Gloster Limited has informed the stock exchanges about the publication of its Postal Ballot Notice in Business Standard (English) and Aajkal (Bengali) newspapers on 6th January 2026, as required under SEBI Listing Regulations. The Postal Ballot seeks shareholder approval through remote e-voting for two Special Resolutions: (1) enhancing the company's existing borrowing powers under Section 180(1)(c) of the Companies Act, 2013, and (2) increasing the limit for creating mortgage or charge on the company's assets, properties or interests under Section 180(1)(a). The e-voting window runs from 9:00 a.m. on 6th January 2026 to 5:00 p.m. on 4th February 2026, with the cut-off date for eligibility being 2nd January 2026. Mrs. Sweety Kapoor has been appointed as the Scrutinizer, and results are expected by 6th February 2026.
Shareholders should note that the Postal Ballot proposes to raise the company's borrowing limits and the cap on creating charges on its assets, which could lead to higher debt levels in the future. Investors holding shares as of 2nd January 2026 are eligible to vote remotely via CDSL's e-voting platform, and the outcome of these resolutions will be key for the company's future financial flexibility.