Please find enclosed Notice of postal ballot.
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Awaiting price reaction for this filing.
New Light Apparels Limited has issued a postal ballot notice seeking shareholder approval for four key resolutions via remote e-voting (NSDL) from July 4, 2025 to August 2, 2025. The first resolution seeks approval to change the company's name from 'New Light Apparels Limited' to 'New Light Industries Limited' to reflect its diversified business scope. The second resolution proposes altering the objects clause of the Memorandum of Association to allow expansion into electrical and electronic products, textiles, electric vehicles (EVs), and e-commerce/quick commerce businesses. The third resolution seeks regularisation and re-designation of Mrs. Himanshi Sharma (DIN: 11129724) as Managing Director for one year (June 11, 2025 to June 10, 2026) with a remuneration of Rs. 4.8 lakhs per annum. The fourth resolution seeks regularisation of Mr. Suraj Prakash Goel (DIN: 10700506) as Executive Director. The name change has already received approval from MCA's Central Registration Centre, and the company is essentially pivoting from a pure-play garments business to a diversified multi-industry entity.
This is a significant business pivot — the company is moving beyond garments into electronics, EVs, and digital commerce, which could change its growth profile and risk profile. The name change signals a strategic repositioning. The relatively modest MD remuneration of Rs. 4.8 lakhs suggests the company is still small-scale. Shareholders should evaluate whether the new business directions align with their investment thesis before voting.