Times Guaranty Limited has informed the Exchange regarding Notice of Postal Ballot
TEAMGTY · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Times Guaranty Limited has sent a Postal Ballot Notice to shareholders seeking approval for two items: (1) Regularization of the appointment of Mrs. Anita Rajendra Malusare (DIN: 07773062) as Non-Executive Director via an Ordinary Resolution, and (2) Change of the company's name from 'Times Guaranty Limited' to 'Team India Guaranty Limited' along with related changes to its Memorandum and Articles of Association via a Special Resolution. E-voting will be conducted through CDSL from 9:00 a.m. on May 14, 2025 to 5:00 p.m. on June 12, 2025, with the cut-off date being May 9, 2025. A Practicing Chartered Accountant's certificate confirms the company meets SEBI Regulation 45 conditions for the name change, noting the company's main activity is not changing and no new activity or project investment is involved. The scrip codes remain 511559 (BSE) and TIMESGTY (NSE) until the name change is formally approved.
Shareholders need to vote on both resolutions before June 12, 2025. The director regularization is routine, but the name change to 'Team India Guaranty Limited' is a notable branding move that may affect investor perception, though the underlying business and financials remain unchanged.