India Glycols Limited has informed the Exchange about Copy of Newspaper Publication
INDIAGLYCO · price
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India Glycols Limited has submitted copies of newspaper advertisements published on 21st June 2025 in Financial Express (English) and Uttar Ujala (Hindi) regarding its Postal Ballot Notice. The Postal Ballot seeks shareholder approval through Special Resolutions via remote e-voting for five key items: (i) sub-division/split of equity shares, (ii) adoption of a new Memorandum of Association, (iii) adoption of new Articles of Association under the Companies Act 2013, (iv) re-appointment of Ms. Pragya Bhartia Barwale as Executive Director, and (v) re-appointment of Shri U.S. Bhartia as Chairman and Managing Director. The Postal Ballot Notice was dispatched electronically on 20th June 2025, with the cut-off date for eligibility set as 13th June 2025. Remote e-voting begins on 23rd June 2025 at 9:00 AM and closes on 22nd July 2025 at 5:00 PM, with results to be announced within two working days thereafter.
Shareholders should note the upcoming e-voting window (23rd June to 22nd July 2025) to vote on key corporate matters including a potential stock split and senior leadership re-appointments. The stock split proposal, if approved, would increase share liquidity and could attract more retail investors, while the outcome may influence short-term stock price movement.