20 microns Limited has dispatched a postal ballot notice on February 3, 2026, seeking shareholder approval for two significant special business items under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notice, dated January 24, 2026, has been sent to members whose names appear in the Register of Members as on the cut-off date of January 30, 2026.

Key Business Items for Approval

The postal ballot seeks member approval for two critical business matters that require special resolutions:

Financial Authorization Details

The first item seeks approval for advancing loans, giving guarantees, and providing securities to entities where directors have interests, pursuant to Section 185 of the Companies Act, 2013. The company is requesting authorization up to an aggregate amount not exceeding ₹50 crores outstanding at any point of time. These funds will be utilized by borrowing body corporates exclusively for their principal business activities, with terms and conditions including interest rates, tenure, and security to be determined by the Board of Directors.

Executive Appointment Proposal

The second item involves the appointment of Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance), effective February 1, 2026. This appointment constitutes both a related party transaction and an office of profit under the Companies Act, 2013.

Ms. Vedika Parikh holds a Bachelor of Science in Economics and Bachelor of Arts in Business with Finance concentration from the University of North Carolina at Chapel Hill. She has professional experience with Bank of America's Investment Banking division and growth-stage venture capital firms including Innovius Capital and Top Tier Capital.

Voting Timeline and Process

The company has implemented a comprehensive e-voting process for member participation:

Scrutinizer Appointment

The Board of Directors has appointed Mr. Umesh Parikh (Membership No. FCS 4152), and failing him Mr. Uday Dave (Membership No. FCS 7158), Partners of M/s Parikh Dave & Associates, Practicing Company Secretaries, Ahmedabad, as scrutinizers for conducting the postal ballot process. The scrutinizer will submit their report to the Chairman, ensuring a fair and transparent voting process.

Regulatory Compliance

The postal ballot notice has been issued in compliance with multiple regulatory frameworks including Section 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI LODR Regulations. The notice is available on the company's website at www.20microns.com and will be communicated to NSE and BSE upon completion of the voting process.

20 microns Limited has delivered a strong financial performance for the quarter ended December 31, 2025, with significant growth in profitability across both standalone and consolidated operations. The micronized minerals specialist reported robust earnings growth while maintaining steady revenue performance during the third quarter of FY26.

Financial Performance Highlights

The company's standalone operations showed impressive profitability improvements during Q3FY26. Net profit surged 36.6% year-on-year, demonstrating the company's operational efficiency and market positioning in the micronized minerals segment.

Nine-Month Performance Review

For the nine months ended December 31, 2025, 20 Microns maintained consistent growth momentum. Standalone revenue from operations increased to ₹60,193.77 lakhs from ₹59,649.64 lakhs in the corresponding period last year. Net profit for the nine-month period reached ₹4,302.01 lakhs compared to ₹4,163.63 lakhs in the previous year, representing a 3.3% increase.

Consolidated Results Show Strong Performance

The consolidated financial results reflected the group's overall strength, with revenue from operations reaching ₹21,482.14 lakhs in Q3FY26 compared to ₹21,465.04 lakhs in Q3FY25. Consolidated net profit attributable to owners increased significantly to ₹1,495.61 lakhs from ₹1,288.87 lakhs, marking a 16.0% year-on-year growth.

Board Approvals and Strategic Initiatives

The Board of Directors, meeting on January 24, 2026, approved several significant proposals subject to shareholder approval through postal ballot. The company received authorization to advance loans, give guarantees, and provide securities to entities where directors have interests, up to an aggregate amount of ₹50 crores under Section 185 of the Companies Act, 2013.

Operational Efficiency and Cost Management

The company demonstrated effective cost management during the quarter, with total expenses reaching ₹17,037.22 lakhs compared to ₹17,279.20 lakhs in the corresponding quarter last year. Cost of materials consumed decreased to ₹9,682.29 lakhs from ₹10,191.77 lakhs, reflecting improved procurement efficiency and operational optimization.

Exceptional Items and Labour Settlements

The company reported exceptional items of ₹23.30 lakhs related to labour claims settlement during Q3FY26, compared to ₹92.05 lakhs in the corresponding quarter last year. These settlements pertain to historical disputes regarding wages, benefits, and other entitlements filed under Section 33C(2) in Labour Court and Section 17B in High Court.

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on January 24, 2026, with limited review conducted by statutory auditors Manubhai & Shah LLP in compliance with SEBI regulations.