Adhbhut Infrastructure Limited , a company facing financial challenges and regulatory scrutiny, has issued a postal ballot notice seeking shareholder approval for the regularisation of Mr. Ajay Kumar Thakur as a Non-Executive Non-Independent Director.

Postal Ballot Notice for Director Regularisation

The company has issued a postal ballot notice seeking member consent for the regularisation of Mr. Ajay Kumar Thakur (DIN: 10799462) as a Non-Executive Non-Independent Director. The board had previously appointed Mr. Thakur as an Additional Director on November 12, 2025, for a five-year term, subject to shareholder approval.

E-Voting Process Details

Shareholders can participate in the postal ballot through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL). The e-voting period commences on Saturday, January 10, 2026, at 09:00 AM IST and concludes on Sunday, February 08, 2026, at 5:00 PM IST. The cut-off date for determining eligible voters is Friday, January 02, 2026.

Director Profile and Background

Mr. Ajay Kumar Thakur, aged 44 years, is a graduate with experience in finance and accounts in corporate management. The company has received all statutory disclosures and declarations from Mr. Thakur, including consent to act as director, confirmation of non-disqualification under Section 164 of the Companies Act, 2013, and declaration that he has not been debarred by SEBI or any other authority.

Previous Financial Performance

The company previously reported a net loss of Rs. 28.79 lakhs for the quarter ended September 30, 2025, compared to a loss of Rs. 33.36 lakhs in the previous quarter. Revenue from operations decreased to Rs. 15.35 lakhs for the quarter, down from Rs. 23.10 lakhs in the same period last year.

Ongoing Challenges

Adhbhut Infrastructure continues to face material uncertainty regarding its going concern status, with accumulated losses of Rs. 2,392.35 lakhs as of September 30, 2025. The company also remains under regulatory scrutiny with a Provisional Attachment Order issued by the Directorate of Enforcement under the Prevention of Money Laundering Act, 2002, though management states this does not affect business operations.

The postal ballot results will be declared within seven days of the conclusion of e-voting and will be available on the company's website and communicated to stock exchanges.

Adhbhut Infrastructure Limited has announced a crucial board meeting scheduled for August 12, 2025, to address key financial matters and corporate decisions. The meeting, set to take place at the company's registered office in Gurgaon, Haryana, will focus on two main agenda items that are likely to interest investors and market watchers.

Financial Results Review

The board of directors will convene to consider and approve the unaudited financial results for the first quarter of the fiscal year 2026, ending June 30, 2025. This review is in compliance with Regulations 29 and 33 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. The results will be accompanied by a Limited Review Report, providing stakeholders with insights into the company's financial performance for the quarter.

Preference Shares Redemption Extension

In addition to the financial review, the board will discuss the extension of the redemption period for the company's fully paid 1% redeemable non-convertible non-cumulative preference shares. This decision could have implications for the company's capital structure and investor returns, making it a significant point of interest for shareholders.

Trading Window Closure

As part of its commitment to regulatory compliance and prevention of insider trading, Adhbhut Infrastructure has implemented a trading window closure. The company's trading window for designated persons and their immediate relatives has been closed since July 1, 2025. This closure will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2025. This measure aligns with the company's Code of Conduct for Regulating, Monitoring, and Reporting of Trading by Designated Persons, which is framed under the SEBI (Prohibition of Insider Trading) Regulations, 2015.

The upcoming board meeting and its outcomes are likely to be closely watched by investors and market analysts, as they may provide valuable insights into Adhbhut Infrastructure's financial health and future strategies. Stakeholders are advised to stay tuned for the official announcement of the financial results and board decisions following the meeting on August 12, 2025.