Please find attached the copies of newspaper advertisements dated June 11, 2025 confirming dispatch of postal ballot notice published in Financial express and Pratahkal seeking approval ....
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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.
Neelkanth Limited (BSE Scrip Code: 512565) has published newspaper advertisements on June 11, 2025, in Financial Express (English) and Pratahkal (Marathi) confirming the dispatch of a Postal Ballot notice to shareholders. The ballot seeks members' approval for the sale or disposal of the company's land, to be passed as a special resolution under Section 180(1)(a) of the Companies Act, 2013 and SEBI LODR Regulation 37A(1). This follows an earlier intimation dated June 9, 2025. The notice is also available on the company's website at www.rtexports.com. The filing was made by Yogesh Dawda, Chairman & Whole Time Director.
Shareholders will get to vote on a significant asset sale (disposal of company land) via postal ballot, which could materially affect the company's asset base and future business direction. Investors should watch for the ballot outcome as it may impact the company's valuation and strategic focus.