Om Metallogic has published the postal ballot notice in newspapers on July 3, 2026, seeking shareholder approval to increase its authorized share capital from ₹8.75 crore to ₹16 crore. The proposal includes a consequent amendment to the capital clause of the Memorandum of Association to facilitate the issuance of securities for long-term resource generation. The Board of Directors approved the postal ballot notice at its meeting held on June 24, 2026.

The resolution proposes to raise the authorized share capital to ₹16,00,00,000 divided into 1,60,00,000 equity shares of ₹10 each, ranking pari passu with existing shares. The current authorized capital stands at ₹8,75,00,000 divided into 87,50,000 equity shares of ₹10 each. Management stated that the increase is necessary to meet growth objectives and strengthen the company's financial position.

Voting Schedule and Process

The e-voting process commences on June 30, 2026, at 9:00 A.M. IST and concludes on July 29, 2026, at 5:00 P.M. IST. Shareholders whose names appear in the Register of Members or the List of Beneficial Owners as on the cut-off date of June 26, 2026, are eligible to vote. The company has engaged National Securities Depository Limited (NSDL) to facilitate the e-voting facility.

M/s Ayush D Gupta & Associates has been appointed as the scrutinizer to conduct the postal ballot in a fair and transparent manner. The results of the voting will be announced within two working days from the conclusion of the e-voting period. The resolution will be deemed passed on the last date of the voting period, July 29, 2026, if it receives the requisite majority.

Key Details of the Proposal

The postal ballot notice is being sent via electronic mode only to members with registered email addresses. Physical copies of the notice and postal ballot forms are not being dispatched in compliance with Ministry of Corporate Affairs circulars. Shareholders holding shares in physical form have been encouraged to dematerialize their holdings to facilitate smoother processing of investor service requests.

Om Metallogic Limited has scheduled a meeting of its Board of Directors for June 24, 2026, to consider an increase in the company's authorized share capital and consequent amendments to the capital clause of its Memorandum of Association. The board will also deliberate on approving the draft notice for a postal ballot or extraordinary general meeting, along with the appointment of a scrutinizer for the process.

The meeting, set for Wednesday, will also consider any other matters with the permission of the Chair. This decision follows compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

In conjunction with the board meeting, the company has announced the closure of its trading window for dealing in securities. This restriction applies to all designated persons and their immediate relatives covered under the company's Code of Conduct for Regulating, Monitoring and Reporting of Trading by Insiders. The window will remain closed from June 19, 2026, until 48 hours after the announcement of the outcome of the board meeting.

The notice regarding the board meeting has been uploaded on the company's official website. The intimation was submitted to BSE Limited, where the company is listed with scrip code 544559.