M Tek Copper Limited has initiated a postal ballot process to seek shareholder approval for the re-appointment of an Independent Director and the appointment of a new Non-Executive Director. The resolutions, if passed, will authorize the Board to finalize the appointments for Mr. Jaysukh Bhanabhai Dabhi and Mr. Chintan Bhadiyadra. The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process, which is the sole method available for members to cast their votes.

The remote e-voting period commences on July 13, 2026, at 9:00 a.m. IST and concludes on August 11, 2026, at 5:00 p.m. IST. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of July 3, 2026, are eligible to vote. The results of the postal ballot will be announced within two working days of the conclusion of the e-voting period.

Special Business Resolutions

The postal ballot notice outlines two key items requiring shareholder approval. The first item concerns the re-appointment of Mr. Jaysukh Bhanabhai Dabhi (DIN: 09177201) as a Non-Executive Independent Director. His first term expired on May 18, 2026, and the Board has recommended his re-appointment for a second term of five consecutive years, effective from May 19, 2026, to May 18, 2031. This resolution requires a special resolution.

The second item seeks approval for the appointment of Mr. Chintan Bhadiyadra (DIN: 11729188) as a Non-Executive Non-Independent Director. He was initially appointed as an Additional Director on May 21, 2026. This appointment is subject to shareholder approval and will be liable to retire by rotation. This resolution requires an ordinary resolution.

Director Details

The following table summarizes the details of the directors proposed for appointment:

Mr. Jaysukh Bhanabhai Dabhi possesses a Master in Social Work (MSW) and has 15 years of experience in the teaching profession. Mr. Chintan Bhadiyadra is a postgraduate in chemistry with 23 years of experience in medical and clinical laboratory services. Both directors have declared that they meet the criteria for their respective roles and are not disqualified from being appointed as directors under the Companies Act, 2013.

Voting Process and Scrutiny

In accordance with Ministry of Corporate Affairs circulars, the postal ballot notice is being sent exclusively via email to members who have registered their email addresses. Physical copies of the notice and ballot forms are not being dispatched. Members can access the notice and voting instructions on the company's website or the NSDL e-voting portal.

The Board has appointed CS Ranjit Kumar Singh of M/s. Ranjit & Associates as the Scrutinizer to oversee the voting process. The scrutinizer will submit a report to the Chairperson upon completion of the scrutiny, and the results will be communicated to the Stock Exchange and displayed on the company's website.

madhav copper has closed its trading window for designated persons and their immediate relatives from July 1, 2026, until 48 hours after the announcement of its unaudited standalone financial results for the first quarter ended June 30, 2026. This measure is implemented to prevent insider trading in compliance with regulatory norms ahead of the financial disclosure.

The closure follows the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, including any amendments, and aligns with the company's internal Code on Prohibition of Insider Trading. The restriction applies specifically to dealings in the equity shares of the company by the identified personnel.

The Board of Directors of M Tek Copper Limited will meet to approve the unaudited financial results for the quarter ended June 30, 2026. The specific date for this board meeting will be communicated separately in due course.

Key Details

The company, formerly known as Madhav Copper Limited, stated that the intimation regarding the board meeting date is pending. The filing was submitted by Sneha Langaliya, Company Secretary & Compliance Officer.