Jayant Agro Organics Limited has informed the Exchange regarding Notice of Postal Ballot
JAYAGROGN · price
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Jayant Agro-Organics Limited has issued a Postal Ballot notice seeking shareholder approval through e-voting on 5 special resolutions. The financial resolutions include raising the borrowing limit from ₹700 crore to ₹1,500 crore under Section 180(1)(c), allowing creation of charges/mortgages on company assets up to ₹1,500 crore under Section 180(1)(a), and increasing investment/loan/guarantee limits to ₹1,500 crore under Section 186. Other resolutions cover adopting a new set of Articles of Association and re-appointing Mr. Sanjay Jaysinh Mariwala as Independent Director for a second 5-year term (June 30, 2026 to June 29, 2031). The e-voting window runs from 9:00 AM on February 25, 2026 to 5:00 PM on March 26, 2026, with results announced within 2 working days.
The more-than-doubled borrowing and investment limits (from ₹700 crore to ₹1,500 crore) suggest the company is preparing for higher capital needs, possibly for expansion, acquisitions, or working capital. Shareholders should review and vote on these resolutions during the e-voting window. The director re-appointment ensures board continuity.