Rishab Special Yarns Limited has successfully completed its postal ballot process, with shareholders providing unanimous approval for all eight proposed resolutions. The company announced the results on March 31, 2026, following the completion of the remote e-voting process that concluded on March 29, 2026.

Postal Ballot Process Overview

The postal ballot notice was issued on February 21, 2026, with the remote e-voting period commencing on February 28, 2026, at 9:00 AM and concluding on March 29, 2026, at 5:00 PM. The company conducted the entire process through remote e-voting only, with no physical postal ballot component.

Resolution Details and Voting Results

All eight resolutions received 100.00% approval from participating shareholders, with no votes cast against any proposal. The resolutions comprised two ordinary resolutions and six special resolutions covering various corporate governance and operational matters.

Ordinary Resolutions Approved

Special Resolutions Approved

Shareholder Category Participation

The voting pattern showed strong support from both promoter and public shareholders. The promoter and promoter group demonstrated complete participation with 100.00% of their shareholding voted in favour of all resolutions.

Regulatory Compliance and Scrutinizer Report

The postal ballot process was conducted in compliance with Section 110 of the Companies Act, 2013, and Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shravan A. Gupta & Associates, Practicing Company Secretary, served as the appointed scrutinizer and confirmed the fairness and transparency of the voting process.

The scrutinizer's report confirmed that all resolutions were passed with the requisite majority. The votes were unblocked and finalized at 5:45 PM on March 30, 2026, in the presence of independent witnesses Mrs. Riddhi Dehedia and Mr. Rahul Vaghela.

Strategic Implications

The unanimous approval of all resolutions positions the company for significant corporate restructuring and growth initiatives. Key approvals include the increase in authorised share capital, approval for raising funds through rights issue under Section 62(1)(a) of the Companies Act, 2013, and enhancement of borrowing limits under Section 180(1)(c) of the Companies Act, 2013.

The company has made the complete voting results and scrutinizer's report available on its website at www.rishabspecial.in for stakeholder reference and transparency.

Rishab Special Yarns Limited has issued a comprehensive postal ballot notice dated February 27, 2026, seeking shareholder approval for eight key resolutions that will significantly reshape the company's corporate structure and capital framework. The notice, signed by Managing Director Ganesh Yadav, outlines major strategic initiatives including capital enhancement, business diversification, and corporate rebranding.

Key Resolutions Overview

The postal ballot encompasses both ordinary and special resolutions covering fundamental changes to the company's operations and structure. The company has appointed Shravan A. Gupta & Associates, a practicing company secretary, as the scrutinizer for the postal ballot proceedings.

Capital Structure Enhancement

The company proposes a substantial increase in its authorised share capital from ₹6.00 crores to ₹56.00 crores, representing a significant expansion to support future growth initiatives. This increase will raise the number of authorised equity shares from 60.00 lakh to 5.60 crore shares of ₹10 each.

Rights Issue Proposal

Corporate Rebranding Initiative

The board has approved changing the company name from "Rishab Special Yarns Limited" to "Impera Worldwide Limited" to reflect its evolving business vision and expanding scope of operations across diverse markets. The company has already received a name availability letter dated February 03, 2026, from the Registrar of Companies confirming no objection to the proposed name change.

Business Diversification Strategy

The company proposes significant alterations to its object clause, expanding beyond textile manufacturing into multiple business segments including trading, infrastructure development, real estate, and metal processing. The new objects will enable operations in agro commodities, chemicals, polymers, e-commerce platforms, and construction activities.

Enhanced Financial Limits

Voting Process and Timeline

The remote e-voting will commence on February 28, 2026, at 9:00 AM IST and conclude on March 29, 2026, at 5:00 PM IST. The company has engaged MUFG Intime India Private Limited to provide electronic voting facilities, with results to be announced by March 31, 2026. The cut-off date for determining eligible shareholders is February 23, 2026.

Regulatory Compliance

The postal ballot notice complies with Ministry of Corporate Affairs circulars and SEBI Listing Regulations. The company has also obtained a certificate from practicing chartered accountant S.L. Prasad & Co confirming compliance with Regulation 45 requirements for the name change, particularly noting that no new business activity has commenced requiring the 50% revenue threshold compliance.