GPT Infraprojects Limited has informed the Exchange regarding Notice of Postal Ballot
GPTINFRA · price
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Awaiting price reaction for this filing.
GPT Infraprojects has issued a Postal Ballot notice seeking shareholder approval on four special resolutions. Item 1 proposes adopting a new Memorandum of Association to align with the Companies Act 2013 (no change to main objects or the ₹130 crore authorized share capital). Item 2 seeks approval for a new set of Articles of Association replacing the existing ones. Item 3 is the appointment of promoter Dr. Om Tantia (DIN: 00001342) as Non-Executive Director designated as Chairman, effective September 24, 2025. Item 4 elevates Mr. Atul Tantia (DIN: 00001238) from Executive Director & CFO to Joint Managing Director & CFO, with his existing remuneration unchanged. E-voting runs from September 28, 2025 (9:00 AM IST) to October 27, 2025 (5:00 PM IST), with results to be declared on or before October 29, 2025.
These are largely governance and housekeeping changes. Shareholders should note the leadership reshuffle at the top — a promoter taking on the Chairman role and elevation of an executive director to Joint Managing Director & CFO — though no financial dilution or change in capital structure is proposed. The changes are unlikely to have an immediate material impact on stock price.