Hardcastle & Waud Manufacturing Company Limited has issued a notice for a postal ballot to its members. The company proposes to shift its registered office from its current location in Thane to a new address, also within Thane. This resolution requires shareholder approval, and members can cast their votes electronically through remote e-voting between November 1, 2026, and November 30, 2026. The decision is based on administrative convenience and operational efficiency.
Shareholder Approval Sought for Registered Office Relocation
Hardcastle & Waud Manufacturing Company Limited is seeking shareholder approval for the relocation of its registered office. The company has announced a postal ballot process, allowing members to vote on a special resolution to shift the office from its current premises at Mall Office, 2nd Floor, Metro Junction Mall of West Pioneer Properties (India) Pvt. Ltd, Netivali, Kalyan (East), Thane – 421306, Maharashtra, to a new location: Bungalow 2, First Floor, Mahavir Nagar, Deepak Hospital Lane, Near Seven Square School, Mira Road (East), Thane – 401107, Maharashtra.
Rationale for the Move
The proposed shift is intended to enhance administrative convenience and operational efficiency for the company. This move is in compliance with Section 12 of the Companies Act, 2013, which mandates shareholder approval for shifting a registered office outside the local body limits of the city, town, or village where it is currently situated. The Board of Directors has recommended this resolution for member approval.
Postal Ballot and E-voting Process
Members will participate in this postal ballot exclusively through remote e-voting. The e-voting period commences on Sunday, November 1, 2026, at 9:00 a.m. and concludes on Monday, November 30, 2026, at 5:00 p.m. Voting rights are proportional to the paid-up equity share capital held as of the cut-off date, Friday, October 23, 2026. The company has provided detailed instructions on how to access the e-voting portal, including login procedures for individual shareholders holding securities in demat and physical forms.
Helpdesk and Further Information
For technical assistance during the e-voting process, members can contact the National Securities Depository Limited (NSDL) helpdesk via email at [email protected] or by phone at 022-4886 7000. Additional resources, including FAQs and user manuals, are available on the NSDL e-voting website. Members can also download the Postal Ballot Notice from the company’s website (www.hawcoindia.in), NSDL’s website (www.evoting.nsdl.com), and the Bombay Stock Exchange website (www.bseindia.com).
Source: BSE
