Please find Notice of Postal Ballot in the attached PDF.
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Awaiting price reaction for this filing.
Bhakti Gems and Jewellery Limited (BSE: 540545) has issued a Postal Ballot Notice seeking shareholder approval through remote e-voting for 7 resolutions. Key proposals include: (1) appointing M/s. Shah Karia & Associates as Statutory Auditors, (2) changing the company name to 'Guru Krupa Gems And Jewellery Limited', (3) increasing authorised share capital from Rs. 15.04 crore to Rs. 20.04 crore (1.50 crore to 2.00 crore shares of Rs. 10 each), and (4-6) appointing three directors - Mr. Manoharbhai B. Chunara as Independent Non-Executive Director (5-year term till Nov 2030), Mr. Dhaval Deepakkumar Shah and Mr. Saurabh Mahendra Shah as Executive Directors. Resolution 7 seeks approval for a preferential issue of 32 lakh equity shares at Rs. 28.20 per share (Rs. 18.20 premium), aggregating Rs. 9.02 crore, to Krina Creation Private Limited (non-promoter), resulting in 17.54% post-issue holding. E-voting runs from December 9, 2025 (9:00 AM) to January 7, 2026 (5:00 PM), with cut-off date of December 5, 2025.
Shareholders should review carefully - the resolutions include a brand rename, capital base expansion, three director appointments, and a sizeable preferential allotment that would dilute existing shareholders by ~17.54% for a single non-promoter entity. Voting is open until January 7, 2026 via NSDL e-voting platform.