Submission of notice of Postal Ballot.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Odyssey Corporation Limited is seeking shareholder approval via postal ballot for six items. The key proposals include: (1) Appointment of Wilson Marshal John as Whole-Time Director for 5 years at remuneration up to Rs 6 lakh per year; (2) Regularization of Hemanshu Ramniklal Mehta as Non-Executive Non-Independent Director; (3) Adoption of new Memorandum of Association aligned with Companies Act 2013; (4) Adoption of new Articles of Association aligned with Companies Act 2013; (5) Approval for material related party transactions with V-Vanguard Developers Private Limited; and (6) Approval to advance loans/give guarantees/provide security under Section 185 up to Rs 50 crore. E-voting period is April 18, 2026 to May 17, 2026.
Shareholders should review these proposals carefully. The appointment of key personnel and adoption of new constitutional documents represent governance updates. The related party transaction and Section 185 loan approval (Rs 50 crore limit) require special attention as they involve potential related party exposure. All items require special resolution (75% majority) for passage.