Kapston Services Limited has informed the Exchange regarding Notice of Postal Ballot
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Kapston Services Limited has informed the NSE about a Postal Ballot notice issued to its shareholders. A postal ballot allows shareholders to vote on company resolutions electronically or by post without attending a physical meeting. This is typically used when the company needs shareholder approval for special resolutions. The specific resolutions and their subject matter have not been disclosed in the headline alone.
Shareholders will receive the postal ballot notice separately and will need to vote within the stipulated timeframe. The outcome could affect governance or capital structure depending on the resolution(s) put to vote.