Sunlite Recycling Industries to hold virtual investor meet on June 18

0 min read Updated on 10 Jun 2026, 07:06 AM

Reviewed by

Anirudha BScanX News Team

AI Summary

Sunlite Recycling Industries Limited will hold a virtual investor meet on June 18, 2026, under Regulation 30. The event, Samruddhi Season 3, will not discuss unpublished price sensitive information.

*this image is generated using AI for illustrative purposes only.

Sunlite Recycling Industries Limited will hold a virtual investor and analyst meet on June 18, 2026, as part of the Samruddhi Season 3 – Nav-Bharat ka Caravan event. The meeting is scheduled to take place between 4:00 PM and 5:00 PM via a virtual conference. The company has confirmed that the discussions will be based on publicly available information and no unpublished price sensitive information will be shared during the session.

The disclosure was made to the National Stock Exchange of India Limited pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015. The intimation was submitted by Nitin Kumar Heda, Managing Director of Sunlite Recycling Industries Limited.

Event Details

Date	Time	Event	Format	Mode
18/06/2026	Between 4:00 PM – 5:00 PM	Samruddhi Season 3 – Nav-Bharat ka Caravan	Group Meeting	Virtual

The company noted that the meeting may be cancelled, rescheduled, or postponed due to unavoidable exigencies. Sunlite Recycling Industries Limited has requested the exchange to take the information on record and disseminate it on the website.

Historical Stock Returns for Sunlite Recycling Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.31%	+18.90%	+0.78%	+76.26%	+185.37%	+128.69%

What strategic updates or growth initiatives is Sunlite Recycling Industries likely to highlight during the meeting?

How might the company's participation in the Samruddhi Season 3 event influence investor sentiment?

Could the meeting signal any upcoming partnerships or expansions in the recycling sector?

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Sunlite Recycling appoints three directors via postal ballot

2 min read Updated on 02 Jun 2026, 10:12 AM

Reviewed by

Ashish TScanX News Team

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Sunlite Recycling Industries Limited secured shareholder approval to appoint three directors via a postal ballot that concluded on 29 May 2026. The resolutions appointed Mr. Akshaykumar Heda as Chairman, Mr. Manish Heda as Executive Director, and Ms. Krisa Shah as Independent Director, with each passing with over 99.9% of the votes cast.

*this image is generated using AI for illustrative purposes only.

Sunlite Recycling Industries Limited announced that its shareholders have approved the regularization and appointment of three directors through a postal ballot process concluded on 29 May 2026. The resolutions sought approval for Mr. Akshaykumar Heda as Chairman and Non-Executive Director, Mr. Manish Heda as Executive Director, and Ms. Krisa Shah as Non-Executive Independent Director.

The postal ballot notice was dispatched on 28 April 2026 to shareholders whose names appeared on the register of members as on the cut-off date of 24 April 2026. The remote e-voting period was open from 30 April 2026 to 29 May 2026. Murtuza Mandorwala of Murtuza Mandorwala & Associates served as the scrutinizer for the process.

Voting Results Summary

All three resolutions received the requisite majority from shareholders. The total number of valid votes cast stood at 7,876,986 shares, representing 57.06% of the total outstanding shares. The detailed voting patterns for each resolution are outlined below.

Resolution 1: Appointment of Akshaykumar Heda

The ordinary resolution for the regularization and appointment of Mr. Akshaykumar Heda (DIN: 09715674) as Chairman and Non-Executive Director was passed with 99.98% of the valid votes in favor.

Voting Category	Votes In Favor	Votes Against	% In Favor	% Against
Promoter and Promoter Group	7,680,186	0	100	0
Public - Non Institutions	195,600	1,200	99.39	0.61
Total	7,875,786	1,200	99.98	0.02

Resolution 2: Appointment of Manish Heda

The special resolution regarding the regularization and appointment of Mr. Manish Heda (DIN: 09715675) as Executive Director, along with the approval of his remuneration, was approved with 99.98% of the valid votes in favor.

Voting Category	Votes In Favor	Votes Against	% In Favor	% Against
Promoter and Promoter Group	7,680,186	0	100	0
Public - Non Institutions	195,600	1,200	99.39	0.61
Total	7,875,786	1,200	99.98	0.02

Resolution 3: Appointment of Krisa Shah

The special resolution for the regularization and appointment of Ms. Krisa Shah (DIN: 10377008) as Non-Executive Independent Director was passed with 99.98% of the valid votes in favor.

Voting Category	Votes In Favor	Votes Against	% In Favor	% Against
Promoter and Promoter Group	7,680,186	0	100	0
Public - Non Institutions	195,600	1,200	99.39	0.61
Total	7,875,786	1,200	99.98	0.02

The scrutinizer's report confirmed that the votes were unblocked on 29 May 2026 in the presence of witnesses. The company disclosed that the promoter and promoter group were interested in the resolutions for Mr. Akshaykumar Heda and Mr. Manish Heda, while they were not interested in the resolution for Ms. Krisa Shah.

Historical Stock Returns for Sunlite Recycling Industries

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.31%	+18.90%	+0.78%	+76.26%	+185.37%	+128.69%

What strategic shifts or new initiatives does Sunlite Recycling plan to pursue under the leadership of the newly appointed Chairman and Executive Director?

How will the regularization of these director appointments impact the company's governance compliance and relationship with regulatory bodies?

What specific remuneration package was approved for Mr. Manish Heda, and how does it align with industry standards for Executive Directors?