Advance Metering Technology Limited announced the outcome of its Board of Directors meeting held on April 08, 2026, where key corporate governance matters were addressed through the approval of a postal ballot notice. The meeting, which commenced at 2:00 PM and concluded at 4:30 PM, focused on several strategic decisions requiring shareholder consent.

Board Resolutions and Postal Ballot Items

The board approved a comprehensive postal ballot notice encompassing four critical special business items that require shareholder approval:

Leadership Continuity

The most significant item on the postal ballot involves the re-appointment of Mr. Pranav Kumar Ranade (DIN: 00005359) as Chairman and Executive Director of the company. According to the board resolution, his re-appointment is scheduled to take effect on May 12, 2026, ensuring leadership continuity for the organization.

Corporate Compliance Measures

The postal ballot also addresses critical compliance requirements under the Companies Act 2013. The board seeks shareholder approval for providing loans, guarantees, and security under Section 185, as well as making investments and extending financial support beyond the limits specified under Section 186. These measures are designed to enhance the company's operational flexibility while maintaining regulatory compliance.

Voting Process and Timeline

The company has established a structured timeline for the postal ballot process:

The cut-off date of April 14, 2026, will determine shareholder eligibility for voting on the proposed resolutions. The company has engaged National Securities Depository Limited to provide e-voting facilities, ensuring accessible participation for all eligible members. Mr. Navneet Arora from Navneet K Arora & Co LLP has been appointed as the scrutinizer to oversee the remote e-voting process, ensuring fairness and transparency in the proceedings.

Regulatory Compliance

This announcement fulfills the company's obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, demonstrating adherence to corporate governance standards. The detailed disclosure includes comprehensive information about the director's re-appointment as required under SEBI Master Circular guidelines, maintaining transparency with stakeholders and regulatory authorities.

Advance metering tech has announced a board meeting scheduled for Wednesday, April 08, 2026, in compliance with Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting will address several key corporate governance matters requiring board approval and subsequent shareholder consent.

Key Agenda Items

The board meeting will consider four primary matters of significant corporate importance:

Leadership Continuity

The most significant item on the agenda involves the re-appointment of Mr. Pranav Kumar Ranade as Chairman cum Whole-Time Director of the company. This re-appointment is subject to approval from shareholders and such other approvals as may be required under applicable regulations. The decision reflects the company's focus on maintaining leadership continuity and governance stability.

Regulatory Compliance Framework

The board meeting has been convened pursuant to Section 173 and other applicable provisions of the Companies Act, 2013, alongside SEBI LODR Regulations. The company has committed to ensuring compliance with Regulation 30 and other applicable provisions regarding disclosure of material events. This demonstrates AMTL's adherence to regulatory requirements and transparency standards.

Shareholder Engagement Process

The board will approve the notice of postal ballot for seeking shareholders' approval for the proposed matters and other business items as may be considered appropriate. To ensure fairness and transparency in the voting process, the company will appoint a scrutinizer to conduct the postal ballot process. This approach enables broader shareholder participation in key corporate decisions.

Corporate Information

AMTL Advance Metering Technology Ltd operates from its corporate office located at C-4 to C-11, Hosiery Complex, Phase-II Extension, Noida - 201 305, U.P., India. The company's registered office is situated at E-8/1, Malviya Nagar, New Delhi - 110 017. The intimation notice is available on the company's website at www.pkrgroup.in , ensuring transparent communication with all stakeholders.