StockWatch
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Castings & Forgings
Board Meeting4 Jun 2026, 08:11 pm

Vaswani Industries Board Approves Postal Ballot for Preferential Issue

AI Summary

Vaswani Industries Limited's Board of Directors met on June 4, 2026, and approved initiating a postal ballot process for members to vote on a preferential issue of equity shares. This follows the board's earlier approval of the preferential issue on May 30, 2026. The company will conduct the ballot via remote e-voting. Additionally, the board appointed M/s. Sanat Joshi & Associates as Cost Auditors for FY 2026-27.

Key Highlights

  • Board approved postal ballot for preferential share issue.
  • Members to vote via remote e-voting.
  • Cost Auditors appointed for FY 2026-27.
  • Cut-off date for voting eligibility set as May 29, 2026.