Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find enclosed a copy of postal ballot notice of company dated 07.05.2026 along ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Jungle Camps India Limited has issued a postal ballot notice seeking shareholder approval for four special resolutions. Item 1 approves changing the civil work contractor for the Mathura hotel project from M/s Kesar Construction to M/s Moonwalk Infraprojects Private Limited. Item 2 seeks approval to significantly increase the Mathura hotel project size from 60 rooms to 105 rooms, with total project cost rising from Rs. 32.50 crore to Rs. 49 crore. Item 3 proposes redirecting Rs. 7 crore of IPO funds from a planned 30-room wildlife resort in Parsili, Sidhi to a new 60-room heritage hotel project in Sheopur Fort, with total project cost of Rs. 36.97 crore. Item 4 seeks to enhance the company's borrowing limit to Rs. 70 crore over paid-up capital and free reserves. The e-voting period runs from May 10, 2026 to June 8, 2026.
The upsized Mathura hotel and new Sheopur heritage hotel project signal aggressive expansion plans requiring significantly higher debt. Shareholders should note the higher capital deployment and debt-funded growth strategy, which could impact future earnings and dividends.