ELCID Investments Limited has filed a comprehensive regulatory disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following the successful completion of its postal ballot process for altering the main object clause of the Memorandum of Association.

Postal Ballot Results and Regulatory Filing

The company announced the postal ballot results on March 05, 2026, with overwhelming shareholder support for the proposed alteration. The voting process concluded on March 04, 2026, demonstrating strong participation across shareholder categories.

Category-wise Voting Analysis

The special resolution received unanimous support from promoters and strong backing from public shareholders, reflecting broad consensus on the proposed changes.

Altered Main Object Clause Details

The company submitted the complete altered and amended Main Object Clause of the Memorandum of Association as part of its regulatory filing. The key alteration involved substituting the existing Clause III.A.2 with a new amended clause that expands the company's investment scope.

Updated Investment Objectives

The amended Clause III.A.2 now states: "To invest, buy, sell, deal, hold, invest, disinvest, exchange and surrender stocks, shares, securities, scrips, derivatives, debt instruments, bonds, debentures, policies, book debts, and claims and commercial papers, government or commercial security or any other financial investment instruments of any Company, banks whether government or non-government, public or private or any local authority whether in India or abroad."

Regulatory Compliance and Documentation

The postal ballot process was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, and applicable SEBI regulations. CS Ruchi Kotak served as the appointed scrutinizer, confirming that the resolution was passed with the requisite majority. The company published mandatory newspaper advertisements in "Mumbai Lakshdeep" (Marathi) and "Business Standard" (English) on January 30, 2026, with the postal ballot notice dispatched on January 29, 2026.

The filing was submitted to BSE Limited by Company Secretary and Compliance Officer Ayush Dolani, ensuring full regulatory compliance and transparency in the alteration process.

Elcid Investments Limited has announced a postal ballot for shareholders to vote on the alteration of the Main Objects Clause of its Memorandum of Association (MOA). The company issued the notice on January 28, 2026, seeking approval for amendments that will align its corporate structure with Type-I NBFC-ND (Non-Banking Financial Company - Non-Deposit taking) activities.

Postal Ballot Schedule and Process

The remote e-voting process will be conducted exclusively through electronic means, with no physical postal ballot forms being distributed to shareholders. The voting schedule and key dates are outlined below:

The company has engaged Central Depository Services (India) Limited (CDSL) as the service provider for the remote e-voting facility. Mrs. Ruchi Kotak (FCS: 9155), Proprietor of M/s Ruchi Kotak & Associates, Company Secretaries, has been appointed as the Scrutinizer to conduct the voting process in a fair and transparent manner.

Proposed Amendment Details

The special resolution seeks to alter the Main Objects Clause III(A)2 of the company's Memorandum of Association. The proposed new clause will read:

"To invest, buy, sell, deal, hold, invest, disinvest, exchange and surrender stocks, shares, securities, scrips, derivatives, debt instruments, bonds, debentures, policies, book debts, and claims and commercial papers, government or commercial security or any other financial investment instruments of any Company, banks whether government or non-government, public or private or any local authority whether in India or abroad."

Regulatory Compliance Background

The amendment is necessitated by the company's receipt of Type-I NBFC-ND category Certificate from the Department of Regulation, Reserve Bank of India on September 17, 2025. The RBI certificate conditions require modification of the company's Corporate Identification Number (CIN) to reflect investment activities as the main line of business.

The Board of Directors approved this alteration at their meeting held on January 28, 2026, clarifying that:

• The company's principal business will remain unchanged
• The amendment aligns with existing investment activities
• The company operates purely as an investment entity without lending/borrowing transactions
• No customer relations or customer interface exists
• No mortgages or charges are held against any entities

Shareholder Voting Eligibility

Shareholders whose names appear in the Register of Members or the list of Beneficial Owners maintained by depositories as on the cut-off date of January 27, 2026, will be eligible to vote. The notice has been sent electronically to members whose email addresses are registered with the company or depositories, in compliance with MCA General Circular No. 03/2025 dated September 22, 2025.

Results and Communication

The voting results will be declared within two working days from the conclusion of the remote e-voting process. Results will be communicated to BSE Limited where the company's shares are listed (Scrip Code: 503681) and made available on the company's website at www.elcidinvestments.com and CDSL's website at www.evotingindia.com .

The resolution, if passed with requisite majority, will be deemed to have been passed on March 04, 2026, the last date of e-voting. The Board recommends the resolution for approval by shareholders through special resolution, emphasizing that the amendment is procedural and regulatory in nature to ensure continued validity of the NBFC registration granted by RBI.