Vaswani Industries Limited announced the outcome of its Board Meeting held on June 4, 2026. The Board approved conducting a Postal Ballot process, including remote e-voting, to seek member approval for a proposed preferential issue of equity shares. This preferential issue was previously approved by the Board on May 30, 2026. The company will issue a Postal Ballot Notice with an Explanatory Statement, and M/s Kanungo Agrawal & Co., Company Secretaries, have been appointed as the Scrutinizer for the process. The cut-off date for determining eligible members for the Postal Ballot and remote e-voting rights was fixed as May 29, 2026. Furthermore, the Board appointed M/s. Sanat Joshi & Associates, Cost Accountants, as the Cost Auditors for the financial year 2026-27. This re-appointment is effective from June 4, 2026. M/s. Sanat Joshi & Associates is a firm with over 11 years of experience in cost accounting and financial advisory services. The Board Meeting commenced at 4:30 P.M. and concluded at 5:30 P.M.
