Withdrawal of Notice of Postal Ballot
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Switching Technologies Gunther Ltd has withdrawn the Notice of Postal Ballot that it had issued on October 6, 2025, with immediate effect. Instead of using a postal ballot, the company will now seek shareholder approval for the slump sale of its Business Undertaking through electronic voting (e-voting). The approval will be sought under Section 180(1)(a) of the Companies Act, 2013 and Regulation 37A of the SEBI Listing Regulations. The company filed this disclosure under Regulation 30 of SEBI's LODR Regulations, 2015 with BSE.
This is a procedural change in how shareholder approval will be sought for the proposed slump sale of a business undertaking. The underlying transaction (slump sale) remains the same, but voting will now happen electronically instead of through a postal ballot, which may make participation easier for shareholders.