Revision of Cut-off Date for the purpose of taking record of the shareholders entitled to cast their vote by Postal Ballot through remote e-voting.
Price
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Awaiting price reaction for this filing.
SRU Steels Ltd has revised the cut-off date for identifying shareholders eligible to vote in its ongoing Postal Ballot through remote e-voting. The original cut-off date of April 25, 2025 has been changed to May 2, 2025. The Postal Ballot process itself was approved by the Board at its meeting held on April 21, 2025. The reason given for the revision is 'regulatory requirements or internal considerations.' Shareholders holding shares as on the revised cut-off date (May 2, 2025) will now be entitled to cast their vote.
This is a routine procedural change and is not expected to materially impact the stock price. Shareholders who bought shares between April 25 and May 2, 2025 will now also be eligible to vote in the Postal Ballot, slightly widening the voting pool.