Ramky Infrastructure Limited has informed the Exchange regarding Notice of Postal Ballot
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Ramky Infrastructure has issued a Postal Ballot Notice seeking shareholder approval for 15 special resolutions through e-voting from March 24, 2026 to April 22, 2026. The key resolution (Item 1) asks shareholders to approve providing a corporate guarantee, charging company assets, pledging shares, and allowing loan-to-equity conversion in subsidiary Mallannasagar Water Supply Limited (MWSL) for availing a Rupee Term Loan of INR 700 Crores from lenders. The remaining 14 resolutions seek approval for material related party transactions with various group entities including Srinagar Banihal Expressway, Visakha Pharmacity, Hyderabad STPS, MWSL, Ramky Estates and Farms, RE Sustainability, Ramky Sustainability Solutions, Numen Growth Partners, Ardha Holdings, Maha Integrated Life Sciences City, RAMDIL EPC Works, MDDA-Ramky ISBUS Terminal, Visakha Energy, and RECEPS Limited for FY 2026-27. The cut-off date to determine eligible voters is March 20, 2026, and results are expected by April 24, 2026.
Shareholders should review these resolutions carefully as they involve significant contingent liabilities — particularly the INR 700 Crore corporate guarantee for the subsidiary's loan which exposes the parent company's assets. Approval of the related party transactions is largely procedural and required under SEBI's listing regulations for material transactions with group entities. The outcome of voting, especially on the corporate guarantee resolution, could affect risk perception of the stock.