Please find enclosed herewith Notice of Postal Ballot dated December 01, 2025, seeking approval of the Members on the matters set out in the Notice
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sai Capital Limited has issued a Postal Ballot notice seeking shareholder approval for two material related party transactions via e-voting from December 6, 2025 to January 4, 2026. The first resolution is for a Corporate Guarantee of up to Rs. 40 Crores to be provided by Butterfly Ayurveda Pvt Ltd (Material Subsidiary) to Health Care Energy Foods Pvt Ltd (Material Subsidiary) for credit facilities from HDFC Bank. The second resolution is for a Personal Guarantee of up to Rs. 40 Crores to be extended by Mr. Ankur Rawat (Non-Executive Director & CFO of the Company) to Health Care Energy Foods Pvt Ltd. Both resolutions are ordinary resolutions and the company has stated there is no legal binding obligation on the listed entity itself.
No direct financial obligation falls on Sai Capital Limited as the listed entity. Shareholders are essentially approving internal group-level guarantees to support credit facilities for the company's Material Subsidiary. Investors should review the financial health of Health Care Energy Foods (turnover Nil, negative operating cash flows) and Butterfly Ayurveda (small turnover, losses in FY24-25) before voting, as guarantees carry invocation risk.