Avasara Finance has informed that the Board of Directors of the Company in their meeting held as on 14th February, 2025 have approved the Notice of Postal Ballot for increase in authorized capital and change the main object clause of the company consequent to alteration in Memorandum of Association of the Company. In this regard, Board has appointed Priti J Sheth & Associates, Practicing Company Secretaries, as the Scrutinizer for conducting the Postal Ballot through remote e-voting process in a fair and transparent manner. The Company has engaged services of CDSL (Central Depository Services (India) for providing E-voting facility. Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, detailed calendar of events and Notice of Postal Ballot shall be intimated in due course. The meeting commenced at 12:00 Noon and concluded at 2:10 pm.
The above information is a part of company’s filings submitted to BSE.
