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16/02/2026 16:35

Vivid Mercantile - Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Directors Of The Company Held On Monday,

The Meeting of the Board of Directors of the Company held on February 16th, 2026 to discuss and approved the following:\r\n\r\n1. Increase in the Authorised Share Capital of the Company from Rs. 10,03,00,000 divided into 10,03,00,000 Equity Shares of Rs. 1/- each to Rs. 15,25,00,000 divided into 15,25,00,000 Equity Shares of Rs. 1/- each.\r\n\r\n2. Draft Postal Ballot Notice for obtaining members approval for Increasing the Authorized Share Capital of the Company from Rs. 10,03,00,000/- to Rs. 15,25,00,000/-.\r\n\r\ni) Appointed M/s Neelam Somani & Associates, a Practicing Company Secretary, as the Scrutinizer for the aforesaid Postal Ballot process.\r\n\r\n3. Appointment of Mr. Dhaval Satishkumar Gajjar as an Internal Auditor of the company for the period of 3 years from Financial Year 2026-2027 to Financial Year 2027-2029 as recommended by Audit Committee.