Physicswallah Announces Postal Ballot for Stock Options and AoA Amendments
Physicswallah Limited has issued a Postal Ballot Notice dated December 08, 2025, seeking shareholder approval for several key resolutions. These include the ratification of the Physicswallah Limited E...
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Why is Physicswallah Limited in the news today?
Physicswallah Limited (PWL) is in the news due to the announcement is a procedural notice for a shareholder vote on employee stock options and amendments to articles of association. it does not contain specific financial results or immediate business impacts, hence it is neutral.
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Physicswallah Announces Postal Ballot for Stock Options and AoA Amendments
December 19, 2025, 02:01 PM
Physicswallah Limited has issued a Postal Ballot Notice dated December 08, 2025, seeking shareholder approval for several key resolutions. These include the ratification of the Physicswallah Limited Employees' Stock Options Plan 2022 and its extension to eligible employees of group and subsidiary companies. Additionally, shareholders will vote on the adoption of the Physicswallah Limited Employees' Stock Options Plan 2025, also with provisions for extension to group and subsidiary companies, involving up to 3,67,64,700 options.
The notice also proposes an amendment to the Articles of Association by deleting 'Part B' which contains special shareholders' rights, pursuant to an Amended and Restated Shareholders' Agreement dated September 19, 2024.
The remote e-voting process will commence on Saturday, December 20, 2025, at 9:00 AM (IST) and conclude on Sunday, January 18, 2026, at 5:00 PM (IST). The results of the Postal Ballot are expected to be announced on or before Tuesday, January 20, 2026.
The company has appointed NSDL to facilitate the e-voting process. Members whose email IDs were registered as of Friday, December 12, 2025, will receive the notice via email. Public notices will be published in newspapers for members who have not registered their email addresses.
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