Advance Metering Technology Ltd

📉 Advance Metering Withdraws Postal Ballot Following Chairman’s Demise

• Proposed Postal Ballot process has been withdrawn.

• Withdrawal follows the sudden demise of Mr. Pranav Kumar Ranade, who was to be re-appointed as Chairman and Executive Director.

• Postal Ballot Notice was not dispatched to shareholders, and e-voting did not commence.

• Company is identifying a suitable candidate for the Board and deciding on a new Chairman.

• Withdrawal does not affect the company's growth plans.