Postal Ballot Notice dated 03.06.2026 is attached.
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Kalind Ltd (formerly Arunis Abode Limited) has issued a Postal Ballot Notice seeking shareholder approval for three resolutions. The first is a stock split sub-dividing every 1 equity share of face value Rs. 10 into 5 equity shares of face value Rs. 2 each, increasing share count from 12,18,90,000 to 60,94,50,000 while keeping paid-up capital unchanged at Rs. 121.89 crore. The second resolution amends the Capital Clause of the Memorandum of Association to reflect the new face value. The third is a bonus issue of 1 bonus share for every 2 held (1:2 ratio), capitalising up to Rs. 60.94 crore from securities premium or free reserves. E-voting runs from June 6, 2026 to July 5, 2026, with results expected by July 6, 2026. The company says the move aims to improve liquidity and make shares more affordable for retail investors.
If approved, each existing share will turn into 5 shares with a lower face value, and existing holders will additionally receive 1 bonus share for every 2 shares held, effectively expanding their shareholding without any change in total value. The actions are shareholder-friendly and aimed at boosting liquidity and retail participation, which may improve trading volumes.