Indian Toners & Developers Limited has submitted to BSE Limited Postal Ballot Notice dated 10.11.2025 and Form, sent to the shareholders of the company on 17.12.2025. (Letter attached)
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Indian Toners & Developers Limited has sent a Postal Ballot Notice to its shareholders seeking approval to alter its Memorandum of Association by adding new Main Object Clauses. The proposed new objects cover two areas: (1) manufacturing and trading of writing instruments and stationery items such as pens, pencils, notebooks, markers, and highlighters, and (2) publishing and distribution of books, e-books, audiobooks, journals, and educational materials. The activities currently sit under the 'Other Objects' clause, which is no longer recognized under the Companies Act, 2013, so the company needs shareholder approval to shift them into Main Objects. The resolution is being passed as a Special Resolution through postal ballot and e-voting via NSDL. The e-voting window runs from December 19, 2025 to January 17, 2026, with results to be announced on January 19, 2026. The Board approved the proposal at its meeting on November 10, 2025.
This signals a strategic diversification for the company, which is currently focused on toner and printing supplies, into the broader stationery and publishing segments. Shareholders should review the proposal as it could open new revenue streams but also represents a shift away from the existing core business. Approval is needed as a Special Resolution, requiring a higher voting threshold.