UCAL LIMITED has informed the Exchange regarding Notice of Postal Ballot
UCAL · price
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Ucal Limited has issued a notice for a Postal Ballot, allowing shareholders to vote on company matters remotely via post or email instead of attending a physical meeting. This is a standard corporate procedure used to seek shareholder approval on specific resolutions without calling a general meeting. Shareholders of record as on the cut-off date will receive the notice and can cast their votes within the stipulated voting period. The detailed resolutions, rationale, and voting instructions would be contained in the postal ballot notice circulated to shareholders.
Shareholders should review the resolutions being put to vote carefully, as postal ballots are typically used for important approvals such as debt raising, related party transactions, or changes to company rules that require shareholder consent.