20 Microns Limited has dispatched a Notice of Postal Ballot dated January 24, 2026, to its shareholders for seeking approval through remote e-voting. The notice, sent on February 3, 2026, pertains to two special business items. The first item concerns advancing loans, giving guarantees, and/or providing securities to entities in which Directors are interested, as per Section 185 of the Companies Act, 2013. The company seeks approval to advance up to ₹50 Crores outstanding at any point in time. The second item is the appointment of Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance), which constitutes an appointment to an office or place of profit and a related party transaction. Her remuneration is proposed not to exceed ₹50,00,000 per annum, with potential annual increments not exceeding 30% of the last remuneration drawn. The remote e-voting period will commence on Friday, February 6, 2026, at 9:00 A.M. (IST) and conclude on Saturday, March 7, 2026, at 5:00 P.M. (IST). The cut-off date for determining eligible members was Friday, January 30, 2026. The results of the postal ballot are expected to be announced on or before March 10, 2026.
