News Paper Publication regarding postal ballot and E-Voting Intimation
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kanel Industries Limited has published a newspaper advertisement in Financial Express (English and Gujarati editions) on June 08, 2026, informing shareholders about a Postal Ballot Notice and remote e-voting process. The company is seeking shareholder approval through remote e-voting for raising capital via a Qualified Institutions Placement (QIP) by issuing equity shares to eligible investors. E-voting starts on June 09, 2026 (9:00 AM IST) and ends on July 08, 2026 (5:00 PM IST). The cut-off date to determine eligible shareholders is June 04, 2026. Chintan Desai (Practicing Company Secretary, ACS 48838) has been appointed as the Scrutinizer. Signed by Director Keyoor Madhusudan Bakshi (DIN: 00133588).
Shareholders eligible as of the June 04, 2026 cut-off date should exercise their vote on the proposed QIP before July 08, 2026. A QIP could lead to equity dilution for existing shareholders and depends on investor interest at the time of issuance.