Notice of Postal Ballot dated January 30, 2026.
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Samyak International Ltd (BSE: 530025) has issued a Postal Ballot Notice dated January 30, 2026, seeking shareholder approval through a Special Resolution to divest the company's entire equity shareholding in its Material Subsidiary, Alpha Tar Industries Private Limited (ATIPL). The divestment may happen in one or more tranches, on terms the Board deems beneficial. The Board states the rationale is to unlock value, strengthen the balance sheet, create liquidity for growth, and redeploy capital into more profitable ventures. Remote e-voting will be conducted via CDSL from February 3, 2026 to March 4, 2026, with results announced on or before March 6, 2026. The cut-off date to determine eligible voters is January 23, 2026. Mr. Ajit Jain, Practicing Company Secretary, has been appointed as Scrutinizer.
If approved, Samyak will exit its investment in its Material Subsidiary ATIPL, and the sale proceeds will be used to strengthen its core business and pursue strategic growth opportunities. Shareholders should evaluate whether the divestment is fairly priced and beneficial, as this is a significant restructuring event for a small-cap company.