Please find the attached Intimation for Postal Ballot Notice
Awaiting price reaction for this filing.
Cresanto Global Ltd is seeking shareholder approval via postal ballot for three special resolutions: (1) Ratification of the name change from 'Raymed Labs Limited' to 'Cresanto Global Limited' – the change was approved at an EGM in April 2025 and AGM in September 2025, but BSE flagged that the Chartered Accountant's compliance certificate under SEBI Regulation 45(1) needed correction and re-ratification; (2) Shifting the registered office from Uttar Pradesh (Noida) to Maharashtra (Mumbai) – the company's directors and KMPs already reside in Mumbai, and management says this will enable smoother operations; (3) Consequential alteration of Clause II of the Memorandum of Association to reflect the new registered office in Maharashtra. Voting period: 5 May 2026 to 3 June 2026. Results expected by 5 June 2026. The attached CA certificate shows the company has invested ~61% of total assets (₹6.16 lakh of ₹10.10 lakh) in the new business activity, and 100% of Q2 FY2026 revenue (₹5.39 lakh) came from the new activity.
The name change to 'Cresanto Global' reflects a strategic pivot – the CA certificate confirms the company has exited its old business and the new activity now accounts for all revenue, satisfying SEBI's 50% asset/revenue threshold. The office relocation to Mumbai aligns with where management operates. Shareholders should note the new name and updated registered address post-approval.