In compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements), please find enclosed herewith a copy of postal ballot notice dated February 18,2026.
Awaiting price reaction for this filing.
Minolta Finance Ltd has issued a Postal Ballot Notice dated February 18, 2026, seeking shareholder approval to raise the company's Authorized Share Capital from ₹10.20 crore to ₹70.20 crore — a nearly 6.9x increase — by creating additional equity shares and amending the Capital Clause of the Memorandum of Association. The Board approved the proposal on February 13, 2026, stating the increase will give the company flexibility to raise additional funds for business expansion, working capital, and other corporate needs in the future. Voting will be conducted electronically via NSDL's e-voting platform from February 20, 2026 (9:00 AM) to March 22, 2026 (5:00 PM), with results to be declared on March 24, 2026. Mrs. Amruta Giradkar & Associate has been appointed as the Scrutinizer to oversee the process.
This is a preparatory step and does not immediately dilute shareholders — it only raises the ceiling for issuing new shares. However, it signals the company's intent to potentially raise fresh capital in the future, which could lead to dilution if shares are subsequently issued. Shareholders must cast their e-vote by March 22, 2026.