In Compliance with Regulation 30 of the SEBI Regulation 2015 , Please find enclosed herewith a copy of Notice of Postal ballot dated December 4,2025.
Awaiting price reaction for this filing.
Minolta Finance Ltd has issued a Postal Ballot Notice dated December 4, 2025, seeking shareholder approval for four resolutions via remote e-voting. Three ordinary resolutions seek approval for related party transactions for FY 2025-26: with Tirupati Fincorp Limited (up to Rs. 100 crore), Dhairya Management Services Private Limited (up to Rs. 10 crore), and Anupam Stock Broking Private Limited (up to Rs. 75 crore). The fourth is a special resolution to approve the 'Minolta Finance Limited Employees Stock Option Plan 2025', authorising up to 1,00,00,000 ESOP options at Rs. 1 per share for employees and directors (excluding independent directors). E-voting will be conducted through NSDL from December 6, 2025 (9:00 a.m.) to January 4, 2026 (5:00 p.m.), with results to be declared on January 6, 2026.
Shareholders should review and vote on these resolutions, as the proposals involve sizeable related party transactions (totalling up to Rs. 185 crore) and a potentially dilutive ESOP plan at a nominal Rs. 1 strike price, which could affect existing shareholding and future earnings per share.