Notice of Postal Ballot_As attached
GNRL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Gujarat Natural Resources Ltd has sent a Postal Ballot notice dated 30th January 2026 seeking shareholder approval (via e-voting only) for two special resolutions to add new objects to its Memorandum of Association. The first resolution seeks approval to add commodities trading — including metals, bullion, minerals, energy products, and derivatives — to its main objects, with the Board citing diversification and risk management benefits. The second resolution seeks approval to enter real estate and construction activities, covering residential, commercial, industrial, infrastructure, and redevelopment projects. E-voting runs from 3rd February 2026 (9:00 AM) to 4th March 2026 (5:00 PM), with results to be declared on or before 6th March 2026. The cut-off date for eligibility is 30th January 2026, and Mr. Chintan K. Patel has been appointed as the scrutinizer.
If approved, this signals a major business pivot for GNRL from its current natural resources focus into commodities trading and real estate, which could change its risk profile and revenue mix. Shareholders should review whether this diversification aligns with their investment thesis and vote during the e-voting window (3 Feb – 4 Mar 2026).