R Systems International Limited has informed the Exchange about Copy of Newspaper Publication regarding Postal Ballot Notice
RSYSTEMS · price
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R Systems International Limited has published a Postal Ballot Notice in Financial Express (English) and Jansatta (Hindi) on June 07, 2025, informing shareholders about a special resolution to be passed through remote e-voting. The resolution seeks shareholder approval to make investments, give loans and advances, guarantees, and provide securities beyond the prescribed limits under Section 186 of the Companies Act, 2013. The e-voting window runs from 9:00 AM on June 09, 2025, to 5:00 PM on July 08, 2025, with the cut-off date set as June 05, 2025. MUFG Intime India Private Limited has been engaged as the e-voting agency, and M/s. DPV & Associates LLP has been appointed as the scrutinizer. The postal ballot result will be announced on or before July 10, 2025.
Shareholders as of the June 05, 2025 cut-off date are eligible to vote on whether the company can exceed Section 186 limits for investments, loans, guarantees, and securities. Approval would give the management greater financial flexibility, which could be neutral to mildly positive depending on how the additional capacity is used.