Notice of Postal Ballot dated May 13, 2026
TAKE · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Take Solutions Ltd is seeking shareholder approval via postal ballot for four items: (1) change of company name from TAKE SOLUTIONS LIMITED to TAKE LIMITED - rebranding to reflect current business direction as the word 'Solutions' no longer adequately describes the company; (2) appointment of M/s. A. Raghavendra Rao & Associates as statutory auditors to fill a casual vacancy caused by the resignation of M/s. Venkat and Rangaa LLP (who resigned due to audit fee constraints); (3) adoption of a revised Memorandum of Association aligned with Companies Act 2013 by merging the 'Other Objects' clause into the 'Ancillary Objects' clause; and (4) expansion of business objects to include healthcare, pharmaceuticals, digital health platforms, AI-based systems, clinical research, and biotechnology. The e-voting period runs from May 18, 2026 to June 16, 2026.
The name change signals a rebranding exercise reflecting strategic pivot. The expansion into healthcare and pharma sectors marks a significant diversification from traditional IT solutions, which could impact the company's future revenue profile and investor sentiment.