SUVIDHAANSESuvidhaa Infoserve LimitedMediumNeutral
Announced Fri, 10 Apr · 16:32 IST

Suvidhaa Infoserve Limited has informed the Exchange regarding the Amendment to AOA/MOA of the company.

Board & Shareholder Meetings View source PDF

SUVIDHAA · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-8.2%1-day move
₹3.41
prior close
₹3.43
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-2.3-5.2-6.4-6.4-8.2-8.5-7.3-10.0-10.6-10.9-11.4-14.7-20.8-24.9
Up moveDown movePending
AI summary

Suvidhaa Infoserve has issued a Postal Ballot notice to shareholders seeking approval on three special business items. The first two items are the re-appointment of Independent Directors Shail Shah and Ritesh Chothani for a second 5-year term starting February 17, 2026 to February 16, 2031. The third item proposes increasing the authorised share capital from Rs. 25 crore to Rs. 30 crore (adding 5 crore equity shares of Re. 1 each), which requires amending the capital clause (Clause V) of the Memorandum of Association. Voting will be conducted entirely through NSDL's remote e-voting platform from April 11, 2026 (9:00 AM) to May 10, 2026 (5:00 PM), with results to be declared on or before May 11, 2026. The cut-off date for eligibility is April 3, 2026. Shareholders whose email is not registered with the company/depository must update it to receive the notice and voting credentials.

Likely market impact

Shareholders of record as of April 3, 2026 must cast their votes through NSDL e-voting by May 10, 2026. The authorised capital increase signals potential future fundraising activity, while the director re-appointments ensure board continuity with no immediate operational disruption.