Postal Ballot Notice of the Company.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.8 pts more than Nifty Microcap 250 and 1.2 pts more than its Other Agricultural Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Puretrop Fruits Limited has sent a postal ballot notice to shareholders to approve two special resolutions through e-voting (open from 21 Jan 2026 to 19 Feb 2026). The first resolution seeks approval for a buyback of up to 11 lakh equity shares (13.80% of paid-up capital) at ₹200 per share, totaling up to ₹22 crore. The buyback will be done via the tender offer route through the stock exchange. The offer price represents a 27.51% premium over the 3-month volume-weighted average market price and a 23% premium over the closing price as of 6 January 2026. The second resolution seeks approval to appoint Ms. Dipti Motiani, daughter of Managing Director Mr. Ashok Motiani, as CEO for 5 years from 1 March 2026 at a basic salary of ₹10 lakh per month (capped at ₹12 lakh per month).
The buyback at ₹200 per share offers a meaningful premium to recent market prices, which is generally positive for shareholders as it reduces share count and returns surplus cash. The CEO appointment is a related-party decision involving the promoter family's family member, which shareholders should note when voting.