Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015 we hereby submit the newspaper publication for publication of notice of Postal Ballot and to provide information on remote e-voting ....
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Awaiting price reaction for this filing.
Innovators Facade Systems Ltd has published a Postal Ballot Notice in Business Standard (English) and Pratahkal (Marathi) and is seeking shareholder approval through remote e-voting on three resolutions. The resolutions include: (1) appointment of Mrs. Gayatri Narendra Sharma (DIN: 07780778) as a Non-Executive Non-Independent Director effective 27th January 2026, (2) approval of material Related Party Transactions with Parth Façade Solutions Private Limited (PFSPL) under Section 188 of the Companies Act 2013, and (3) modification of the aggregate limit of material Related Party Transactions with Innovators Contracting Works Private Limited (ICWPL), an associate of its wholly-owned subsidiary Innovators Engineering Works Pvt Ltd. The Postal Ballot Notice was sent electronically on 28th January 2026 to members on record as of the 23rd January 2026 cut-off date. Remote e-voting runs from 29th January 2026 (9:00 AM) to 27th February 2026 (5:00 PM), with results to be announced within two working days after the voting period ends.
Shareholders should review the resolutions, especially the Related Party Transactions with PFSPL and ICWPL, as these need approval to proceed. The director appointment of Mrs. Gayatri Narendra Sharma is likely a routine board change. The stock price is not directly affected, but rejection of the RPT resolutions could impact the company's existing arrangements with these related entities.