Please find attached Notice of Extra Ordinary General Meeting to be held through Postal Ballot.
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Awaiting price reaction for this filing.
Sunrise Efficient Marketing Limited has issued a postal ballot notice for an Extra Ordinary General Meeting to seek shareholders' approval for migrating its equity share listing from the BSE SME Platform to the Main Board of BSE. The company has been listed on the BSE SME Platform since April 12, 2022, and completed the mandatory 3-year listing period on April 11, 2025, making it eligible under Regulation 277 of SEBI ICDR Regulations. The company's paid-up capital is Rs. 19.16 crore. Voting will be conducted entirely through remote e-voting via NSDL from June 19, 2025 (9:00 AM) to July 18, 2025 (5:00 PM), with the cut-off date for eligibility being June 6, 2025. Results are scheduled to be announced on July 19, 2025. The resolution requires the votes cast by non-promoter shareholders in favour to be at least two times the votes against.
If approved, migration to the BSE Main Board is generally seen as a positive development for shareholders, as it typically broadens investor participation, improves trading liquidity, and enhances the company's visibility among institutional investors. No direct financial impact on share price is expected from the notice itself, but successful migration could support long-term valuation.