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AI Champdany Industries: Shareholder Meeting / Postal Ballot-Notice of Postal Ballot

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Kindly find enclosed herewith the Postal Ballot Notice of the Company for seeking members approval by way of special resolution for the following business:-

1. Reclassification of Authorized Share Capital and Consequent Alteration of Memorandum of Association

2. Issue of Redeemable Preference Shares on preferential basis to the Promoter Group Companies

3. Increase in the borrowing powers of the Company upto a limit of Rs. 150 Crore (Rupees One Hundred Fifty Crore Only) under Section 180 (1) (c) of the Companies Act 2013.

The same is for your kind information and record.

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