Rungta Irrigation Limited has completed the publication of its postal ballot notice in newspapers and notified BSE Limited about the newspaper publication under Regulation 30 of SEBI Listing Regulations. The company is seeking shareholder approval to increase its authorised share capital from Rs. 20 crores to Rs. 40 crores through the postal ballot process.

Newspaper Publication and Regulatory Compliance

The company has published the postal ballot notice in both English and Hindi newspapers to ensure wider reach among shareholders. The notice was published in The Pioneer New Delhi (English) and Pioneer New Delhi (Hindi) on March 31, 2026.

The notification to BSE Limited was made pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has intimated the completion of sending postal ballot notices and provided details about the e-voting period.

Authorised Share Capital Enhancement

The postal ballot seeks approval for increasing the authorised share capital from its current level to double the amount. This expansion represents a strategic move to enhance the company's financial flexibility and growth potential.

The proposal involves consequent alteration in the capital clause of the Memorandum of Association, subject to approval from shareholders and other regulatory authorities as required.

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to facilitate remote e-voting for all members. The postal ballot notice has been sent through electronic mode to shareholders whose email addresses are registered with the company, depositories, or the Registrar and Transfer Agent.

Scrutinizer Appointment and Process

The board has appointed M/s Ishant and Associates, a practicing company secretary (FCS-13240, COP-19941), as the scrutinizer for the postal ballot process. The appointment ensures fair and transparent conduct of the voting process in compliance with regulatory requirements.

The postal ballot notice along with explanatory statement is available on the company's website at www.rungtairrigation.in and NSDL's e-voting platform at www.evotingindia.com . Members who have not registered their email addresses can temporarily register with the company's RTA, M/s. Beetal Computer Services Private Limited, to receive the notice and voting credentials.

Rungta Irrigation Limited has announced that its Board of Directors will convene on March 27, 2026, to consider significant corporate restructuring matters, primarily focusing on increasing the company's authorised share capital. The meeting notification was communicated to BSE Limited on March 20, 2026, in compliance with regulatory requirements.

Board Meeting Agenda

The board meeting has been scheduled to address several critical matters that require director approval and subsequent member consent. The primary focus will be on capital restructuring initiatives that could impact the company's financial framework.

Postal Ballot Process

The company plans to seek member approval for the authorised share capital increase through a postal ballot mechanism. This approach allows shareholders to vote on the proposal without requiring physical attendance at a general meeting. The board will review and approve the draft postal ballot notice that will be sent to members for their consideration and voting.

Scrutinizer Appointment

Ishant & Associates, a practicing company secretary firm, has been proposed for appointment as the scrutinizer for the postal ballot process. The firm is represented by a qualified professional holding FCS - 13240 and COP - 19941 credentials, ensuring proper oversight of the voting process.

Regulatory Compliance

The meeting intimation was sent to BSE Limited pursuant to Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory filing demonstrates the company's commitment to maintaining transparency and keeping stakeholders informed about significant corporate developments. The company secretary and compliance officer, Rekha Rathore, signed the official communication to the stock exchange.