Intimation of Postal Ballot Notice pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015. Kindly take the same on records.
TREL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Transindia Real Estate Ltd is seeking shareholder approval through postal ballot for two resolutions. First, the appointment of Mr. Mahendra Kumar Chouhan (70) as Non-Executive, Independent Director for a 5-year term starting April 1, 2026. He is a distinguished professional with expertise in corporate governance, having served as Founding Chairman of Fino Payments Bank and currently teaches at prestigious institutions like IIM Mumbai and JBIMS. Second, approval for acquisition of 7,00,000 Class A Equity Shares (48.28% stake with 100% voting rights) in Comptech Solutions Private Limited from promoter group entity Contech Logistics Solutions Private Limited for ₹23.59 crore. CSPL owns a commercial property in Gurugram with 20,043 sq. ft. leasable area, expected to generate stable rental income. E-voting opens May 30, 2026 and closes June 28, 2026.
The appointment of Mr. Chouhan brings experienced governance expertise to the board. The acquisition of CSPL represents a strategic expansion into commercial real estate with rental income potential, though it involves a related party transaction requiring shareholder approval. The ₹23.59 crore investment will make CSPL a subsidiary and is considered materially significant relative to the company's annual turnover of ₹83.75 crore.