take solutions has approved the regularisation of Sunil Kailash Patra as Managing Director, subject to the approval of its members. The decision was taken during a board meeting held on Thursday, July 09, 2026. The company also approved the issuance of a postal ballot notice to facilitate the voting process for this resolution.

The postal ballot and remote e-voting process will commence on Thursday, July 16, 2026, at 9:00 am and conclude on Friday, August 14, 2026, at 5:00 pm. The cut-off date determined for the purpose of e-voting was Friday, July 03, 2026. Shareholders will be required to vote on the regularisation of the Managing Director through this mechanism.

To ensure the integrity of the voting process, the board appointed M/s. Hemang Satra & Associates, Practicing Company Secretaries, as the scrutinizer. The firm holds a Certificate of Practice (COP) number 24235 and a PRC number 5684/2024.

The board meeting, which commenced at 02:30 PM and concluded at 03:30 PM on July 09, 2026, addressed these regulatory matters under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to both BSE Limited and the National Stock Exchange of India Limited.

Key Postal Ballot Details

Take Solutions addressed procedural deficiencies in its audited annual results for the financial year ended March 31, 2026, by resubmitting required documents to the National Stock Exchange of India (NSE) on June 22, 2026. The company clarified that the observations raised by the exchange did not alter the financial figures approved by its Board of Directors on May 20, 2026.

The NSE had flagged two specific issues regarding the submission made under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The first observation noted that the Statement of Impact of Audit Qualifications was not in the prescribed format and lacked signatures from the Chief Financial Officer (CFO) and the Chairman of the Audit Committee. The second observation cited the submission of financial results that were not in a machine-readable or legible format.

In response, the company stated that it had resubmitted the revised Statement on Impact of Audit Qualifications for both standalone and consolidated financials. This document was duly signed by all requisite signatories to ensure compliance with the format prescribed under Regulation 33 and applicable SEBI Circulars. Additionally, the Audited Standalone and Consolidated Financial Results were resubmitted along with accompanying documents in the required machine-readable and legible format.

The company emphasized that these deficiencies were purely procedural in nature. Consequently, there is no change to the financial performance or position reported in the Audited Standalone and Consolidated Financial Results originally approved by the board.

Clarifications Provided to NSE