Mafatlal Industries Ltd. Board Approves Postal Ballot for Special Business Items
Mafatlal Industries Limited announced on March 24, 2026, that its Board of Directors approved a notice for a postal ballot to seek shareholder consent on several special business items.The Board meeting commenced at 11:30 am and concluded at 2:04 pm.
Shareholders will vote on the following:
- Approval to advance any loan, provide a guarantee, or offer security under Section 185 of the Companies Act, 2013.
- An increase in the threshold for loans, guarantees, providing of securities, and making of investments in securities under Section 186 of the Companies Act, 2013.
The cut-off date for determining shareholder eligibility to vote is April 17, 2026. Mafatlal Industries Limited is listed on the BSE Limited with Stock Code: 500264.
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