Newspaper Clipping regarding Postal Ballot Notice
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Monika Alcobev Limited has published a Postal Ballot Notice in Free Press Journal (English) and Navshakthi (Marathi) on February 19, 2026, seeking shareholder approval through remote e-voting. The notice covers four special resolutions: (1) approval of the 'Monika Alcobev Employee Stock Option Scheme (ESOS)', (2) extending the ESOS to employees and directors of its holding, subsidiary, associate, and group companies (present and future), and (3 & 4) appointment of Mr. Ghanshyam Vijaykumar Vyas and Mr. Samir Kumar Das as Independent Directors. Members whose names appear on the register as of the cut-off date (Friday, February 13, 2026) are eligible to vote. E-voting opens on Saturday, February 21, 2026 at 9:00 AM and closes on Sunday, March 8, 2026 at 5:00 PM. Results will be declared on or before Tuesday, March 10, 2026, with Mr. Aditya Agrawal of M/s Agrawal Mundra & Associates acting as the scrutinizer.
Shareholders should review and vote on these resolutions before March 8, 2026. If approved, the ESOS could lead to future dilution of equity through stock options to employees, while the two new Independent Director appointments will strengthen board oversight. No immediate impact on share price is expected from this procedural disclosure.