Antariksh Industries Limited has announced a crucial board meeting scheduled for December 3, 2025, to discuss a potential bonus share issuance. This strategic move is aimed at achieving compliance with the minimum public shareholding requirements mandated by regulatory authorities.

Key Points of the Announcement

• Meeting Date: December 3, 2025
• Primary Agenda: Consider proposal for issuing bonus shares to public shareholders
• Regulatory Compliance: Aimed at meeting minimum public shareholding requirements
• Additional Action: Declaration of record date for the bonus issue, if approved

Regulatory Framework

The proposed bonus share issue is designed to align with the following regulatory mandates:

• Rule 19A of the Securities Contracts (Regulation) Rules, 1957
• Regulation 38 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement) Regulations, 2015

Potential Implications for Shareholders

If approved, this bonus issue may:

1. Increase the number of shares held by public shareholders
2. Improve stock liquidity in the market
3. Align the company's shareholding structure with regulatory requirements

What's Next

Investors and stakeholders may want to monitor:

• The outcome of the December 3rd board meeting
• Announcement of the record date for the bonus issue, if approved
• Details on the bonus ratio, if the proposal is accepted

It's important to note that while the board is considering this proposal, the final decision and details of the bonus issue are subject to approval in the upcoming meeting.

Antariksh Industries Limited, with its registered address in Thane, Maharashtra, continues to adapt to regulatory requirements while potentially rewarding its public shareholders. As always, investors are advised to stay informed and consider their investment decisions carefully in light of this development.

Antariksh Industries Limited has announced a significant corporate restructuring, seeking shareholder approval for multiple board appointments and a change in its registered office location. The company has issued a postal ballot notice outlining these proposed changes, which include the appointment of five new directors and the relocation of its registered office from Maharashtra to Gujarat.

Board Restructuring

The company is proposing to appoint five new directors to its board:

1. Mrs. Ekta Shyamlal Haryani (DIN: 11308356) as Managing Director
2. Mr. Nilesh Hasmukhbhai Kothari (DIN: 10587794) as Non-Executive, Non-Independent Director
3. Mr. Hardikkumar Dhirubhai Jetani (DIN: 11308376) as Independent Director
4. Mr. Harinarayan Ramanand Tripathi (DIN: 07725777) as Independent Director
5. Mr. Jigar Nemichand Jain (DIN: 11308370) as Independent Director

These appointments, if approved, will significantly reshape the company's leadership structure. Each proposed director brings a unique set of skills and experiences to the board:

• Mrs. Haryani has over 24 years of experience in the finance industry, with roles at various asset management companies.
• Mr. Kothari has more than 30 years of experience in international trade, warehousing, accounting, and finance.
• Mr. Jetani is a practicing company secretary with 10 years of experience in corporate legal and compliance functions.
• Mr. Tripathi is a practicing advocate and company secretary with expertise in real estate, financing, and corporate laws.
• Mr. Jain is pursuing Chartered Accountancy and has 8 years of experience in accounting, auditing, and taxation.

Registered Office Relocation

In addition to the board restructuring, Antariksh Industries is proposing to shift its registered office from Maharashtra to Gujarat. This move follows a change in control and management pursuant to an open offer under takeover regulations.

Voting Process

The company has scheduled a remote e-voting period for shareholders to cast their votes on these proposals. The voting will commence on November 19, 2025, at 9:00 A.M. (IST) and conclude on December 18, 2025, at 5:00 P.M. (IST).

Implications

These proposed changes, if approved, could have significant implications for Antariksh Industries' future direction and governance structure. The diverse expertise of the proposed board members may bring new perspectives to the company's strategy and operations. Additionally, the relocation of the registered office may have operational and regulatory implications that shareholders will need to consider.

Shareholders are advised to carefully review the postal ballot notice and consider the potential impact of these changes before casting their votes. The results of the postal ballot will be announced within two working days from the conclusion of the voting period and will be available on the company's website and the stock exchange.