Intimation for Newspaper publication for Postal Ballot Notice
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Vivid Mercantile Ltd has published notices in The Indian Express (English) and Financial Express (Gujarati) on February 25, 2026, informing shareholders about a Postal Ballot process for seeking approval to increase the company's Authorised Share Capital. The company completed dispatch of electronic copies of the Postal Ballot Notice on February 24, 2026, to members recorded as of the cut-off date of February 20, 2026. E-voting (via NSDL) will run from February 26, 2026 (9:00 AM) to March 27, 2026 (5:00 PM), with Mrs. Neelam Rathi appointed as Scrutinizer. The resolution is an Ordinary Resolution and requires shareholder approval through remote e-voting only; no physical ballot forms are being sent.
Shareholders should review the proposed Authorised Share Capital increase and exercise their e-vote during the voting window (Feb 26 – Mar 27, 2026). Approval would allow the company greater flexibility to issue new shares in the future, which could dilute existing holdings depending on how the expanded capital is ultimately used.