Poonawalla Fincorp Limited has informed the Exchange about Copy of Newspaper Publication
POONAWALLA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Poonawalla Fincorp has submitted copies of newspaper advertisements published on May 17, 2025 in The Financial Express (English) and Loksatta (Marathi) regarding the dispatch of a Postal Ballot Notice to its members. The postal ballot, dispatched on May 16, 2025, relates to a proposed scheme of arrangement involving Rising India Limited (formerly known as Poonawalla Finvest) and Poonawalla Fincorp under Sections 230-232 of the Companies Act, 2013. Members can vote electronically from June 18, 2025 to July 17, 2025 (till 5:00 PM). Mr. Suresh Kumar Kabra, Practicing Company Secretary (FCS: 3295, CP No: 13792), has been appointed as the scrutinizer. The filing is made under Regulation 30 and 47 of SEBI Listing Regulations.
This is a routine compliance disclosure notifying shareholders of the postal ballot process for a likely merger/amalgamation scheme. Shareholders should review the postal ballot notice and exercise their voting rights within the e-voting window. The outcome of the postal ballot will determine the approval of the proposed scheme.