Gujarat Themis Biosyn Limited has informed the Exchange about Copy of Newspaper Publication
GUJTHEM · price
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Gujarat Themis Biosyn Limited has published a newspaper advertisement informing shareholders about a Postal Ballot notice seeking approval for two special resolutions. The first resolution asks shareholders to approve an increase in borrowing limits and authorize creation of mortgage or charge on the company's assets and properties under Sections 180(1)(a) and 180(1)(c) of the Companies Act, 2013. The second resolution seeks approval for limits to give loans, guarantees, investments or provide security in connection with loans made to any person or body corporate, and to acquire securities of other body corporates exceeding the limits prescribed under Section 186 of the Companies Act, 2013. Voting is being conducted entirely via remote electronic voting (e-voting) through CDSL, with the voting period starting from 6th May 2026 and ending on 4th June 2026. The cut-off date for determining eligible voters was 1st May 2026, and results are expected by 8th June 2026. The notice is being sent electronically to shareholders in compliance with MCA circulars, with no physical dispatch of documents.
If approved, these resolutions will give the company greater financial flexibility to raise debt and make inter-corporate investments. This could support future expansion plans but may also increase financial leverage and related party transaction exposure for shareholders.