Key Resolutions and Voting Results

The company conducted a postal ballot process for shareholder approval of two director appointments, with the following results:

Resolution 1: Appointment of Mr. Ashok Kumar Chordia (DIN: 01511622) as Additional Director (Non-Executive Director)

  • Resolution Type: Ordinary Resolution
  • Votes in Favor: 4,411,507
  • Votes Against: 10
  • Approval Status: Passed with overwhelming majority

Resolution 2: Appointment of Mr. Santosh Kumar Pandey (DIN: 02643704) as Additional Director and Whole-time Director designated as Executive Director

  • Resolution Type: Special Resolution
  • Votes in Favor: 4,411,507
  • Votes Against: 10
  • Approval Status: Passed with overwhelming majority

Director Background Information

Mr. Ashok Kumar Chordia

  • Chartered Accountant and seasoned corporate finance professional
  • Associated with Mentor Capital Services Private Limited
  • Extensive experience in corporate advisory, working capital finance, debt and equity structuring, taxation, restructuring and business advisory
  • Holds directorships in various companies
  • Originally appointed by the Board as Additional Director (Non-Executive Non-Independent Director) with effect from June 19, 2026

Mr. Santosh Kumar Pandey

  • Seasoned business leader with over 26 years of experience in corporate management and technology innovation
  • Founder of a prominent GPS and IoT solutions enterprise with 16 years of experience in geospatial and industrial automation solutions
  • Expertise in strategic IoT and drone-based technologies, software and hardware project management, operational excellence, and digital transformation
  • Appointment term: Five consecutive years from June 19, 2026 to June 18, 2031
  • Remuneration to be governed by limits prescribed under Companies Act, 2013 and SEBI Listing Regulations

Process Details

  • Postal Ballot Notice Date: July 08, 2026
  • E-voting Period: From July 09, 2026 to August 07, 2026
  • Record Date: June 26, 2026
  • Total Shareholders: 9,889 as on record date
  • Scrutinizer: Mr. Vijay Kumar Mishra of VKM & Associates, Practicing Company Secretaries
  • Scrutinizer Report Date: August 08, 2026
  • Voting Platform: NSDL and CDSL e-voting facilities

Voting Breakdown by Category

Resolution 1: Appointment of Mr. Ashok Kumar Chordia

  • Promoter and Promoter Group: 4,410,000 votes cast (100% in favor, 0% against)
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 1,517 votes cast (1,507 in favor, 10 against)
  • Total Valid Votes: 4,411,517

Resolution 2: Appointment of Mr. Santosh Kumar Pandey

Same voting pattern as Resolution 1 with identical vote counts