Oricon Enterprises Limited has informed the Exchange about Copy Copy of Newspaper advertisement for Postal Ballot Notice.
ORICONENT · price
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Oricon Enterprises Limited has submitted to BSE and NSE a copy of the newspaper advertisement published on March 11, 2026 in The Free Press Journal and Navshakti regarding its Postal Ballot Notice. The Postal Ballot Notice (sent via email on March 9, 2026) seeks shareholder approval through e-voting for six special business items: (1) appointment of Mr. Ramkishore Singhi as Independent Director for 5 years, (2) appointment of Mr. Bal Mukand Gaggar as Director, (3) appointment of Mr. Prashant Mantri as Director, (4) appointment of Mr. Bal Mukand Gaggar as Joint Managing Director cum CFO for 5 years, (5) appointment of Mr. Prashant Mantri as Executive Director for 5 years, and (6) approval to increase the limit of loans and investments under Section 186 of the Companies Act, 2013. E-voting begins on March 12, 2026 at 9:00 a.m. and ends on April 11, 2026 at 5:00 p.m. Results will be declared on or before April 14, 2026. Ms. Mayuri Bherat Thakar has been appointed as the Scrutinizer.
Shareholders should review and vote on these resolutions as they involve key board-level changes (new executive director, CFO, and independent director) and an increase in the company's borrowing and investment limits, which could affect capital allocation and governance. These changes may have a bearing on the company's future strategy and financial flexibility.