Jay Ambe Supermarkets seeks shareholder nod for IPO object alteration

Jay Ambe Supermarkets Limited's Board of Directors has approved an alteration in the objects of its Initial Public Offer (IPO) for which funds were previously raised. This decision, made based on the Audit Committee's recommendation, is subject to shareholder approval. A Postal Ballot Notice will be circulated to shareholders seeking their consent. The cut-off date for determining eligibility for voting has been set as Friday, July 03, 2026. The company has also appointed NSDL for e-voting and Mr. Nayan Pitroda as the scrutinizer for the postal ballot process. The board meeting took place on July 08, 2026.