please find enclosed notice of Postal ballot by voting through electronic means
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Awaiting price reaction for this filing.
Triton Valves has sent a postal ballot notice dated February 12, 2026 to shareholders for voting through electronic means between February 20 and March 21, 2026. Three items require approval: (1) increasing authorised share capital from Rs. 5 crore to Rs. 10 crore (from 50 lakh to 1 crore equity shares of Rs. 10 each) to accommodate the bonus issue, (2) issuance of fully paid-up bonus shares in the ratio of 3:1 (three bonus shares for every one held), funded by capitalisation of the securities premium account, and (3) appointment of Mr. Ashok Kumar Dash (former Senior VP at Maruti Suzuki) as an Independent Director for five years from February 12, 2026 to February 11, 2031. The cut-off date for identifying eligible shareholders is February 13, 2026. The company cites its 50th anniversary milestone as the backdrop for rewarding shareholders through the bonus issue.
If approved, shareholders will receive 3 additional shares for every share held, increasing total share count fourfold and likely improving liquidity and affordability of the stock, though the underlying value remains unchanged. The stock price typically adjusts downward proportionally on the ex-bonus date. The bonus signals confidence from management in the company's financial position.