Pursuant to Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 please find attached Postal Ballot Notice of IMP ....
Awaiting price reaction for this filing.
IMP Powers has issued a Postal Ballot Notice seeking shareholder approval through e-voting (Nov 21 – Dec 20, 2025) for six special resolutions. The key item is the re-appointment of Mr. Naveen Kumar Singh as Whole-time Director (KMP) designated as Executive Professional Director for 1 year at a remuneration of INR 1.40 Crore p.a.; the same resolution had failed to secure the required special majority at the 63rd AGM held on September 26, 2025. Other resolutions include raising the borrowing limit under Section 180(1)(c) to INR 500 Crore, creation of mortgage/charge on company assets, adoption of a new set of Articles of Association, authority to give loans/investments/guarantees up to INR 300 Crore under Section 186, and shifting the registered office from Silvassa (Dadra & Nagar Haveli) to Ahmedabad (Gujarat). Voting results will be declared within two working days after December 20, 2025.
Shareholders should note the company's plan to expand its borrowing capacity to INR 500 Crore and investment authority up to INR 300 Crore, signalling potential growth or acquisition activity. The WTD re-appointment comes after an earlier failed vote, and the registered office shift to Ahmedabad (where the company already operates) may streamline operations. The resolutions need shareholder approval, so retail investors with shares as of the November 14, 2025 cut-off date should cast their e-vote.