Take Solutions Approves Key Board Decisions, Announces Postal Ballot Timeline and Scrutinizer Appointment
The Board of Directors of Take Solutions Limited held a meeting on July 9, 2026, and approved several significant matters related to its corporate structure and upcoming shareholder activities. The board meeting commenced at 02:30 PM and concluded at 03:30 PM.During the meeting, the Board took resolutions on the regularisation of Mr. Sunil Kailash Patra (DIN: 11728362) as Managing Director of the company, pending approval from its members. Furthermore, the Board approved the Postal Ballot Notice required for obtaining shareholder consent through both a Postal Ballot process and remote E-voting.
To ensure smooth execution of the corporate action, the following timelines and appointments were finalized by the directors:
- E-Voting Cut-off Date: Friday, July 03, 2026.
- Postal Ballot/E-Voting Period: The period is set to commence on Thursday, July 16, 2026, at 9:00 am and conclude on Friday, August 14, 2026, by 5:00 pm.
The Board also approved the appointment of M/s Hemang Satra & Associates, Practicing Company Secretaries (COP: 24235 and PRC: 5684/2024), to serve as the Scrutinizer for the proposed Postal Ballot.
Key details regarding the corporate actions and appointments decided during the Board meeting are summarized below:
| Action | Approved Item | Details |
|---|---|---|
| Personnel | Managing Director Regularisation | Mr. Sunil Kailash Patra (DIN: 11728362), subject to member approval. |
| Shareholder Action | Postal Ballot/E-voting | Notice approved for obtaining members' approval. |
| Timeline | E-Voting Cut-off | Friday, July 03, 2026. |
| Timeline | Voting Period | Commencing July 16, 2026 (9:00 am) and concluding August 14, 2026 (5:00 pm). |
| Appointee | Scrutinizer | M/s Hemang Satra & Associates. |
TAKE Stock Price Movement
Shares of Take Solutions Limited today slipped by 4.99% to settle at ₹23.61, amid selling pressure across the session. The stock recorded a trading volume of 156,208 shares during post-market trading.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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