Key Resolutions and Voting Results
The company submitted documents confirming that all three special resolutions proposed in the Postal Ballot Notice dated May 19, 2026 were passed by shareholders with 100% votes in favor. The resolutions were deemed passed on June 21, 2026, the last date of e-voting.
Resolution 1: Variation in IPO Proceeds Utilization and Timeline Extension
- Description: To approve variation in utilization of Initial Public Offer (IPO) proceeds and extension of timeline for utilisation of capital expenditure
- Resolution Type: Special Resolution
- Votes in Favor: 14,964,192 (100% of votes cast)
- Votes Against: 0
- Invalid Votes: 0
Resolution 2: Variation in Terms of Objects of IPO
- Description: To approve the variation in the Terms of Objects of the Initial Public Offer (IPO)
- Resolution Type: Special Resolution
- Votes in Favor: 14,964,192 (100% of votes cast)
- Votes Against: 0
- Invalid Votes: 0
Resolution 3: Alteration of Articles of Association
- Description: To Alter the Articles of Association of the Company
- Resolution Type: Special Resolution
- Votes in Favor: 14,964,192 (100% of votes cast)
- Votes Against: 0
- Invalid Votes: 0
Voting Participation Details
- Record Date: May 15, 2026
- Total Shareholders on Record Date: 323
- Total Outstanding Shares: 17,558,194
- Total Votes Polled: 14,964,192 shares (85.2263% of outstanding shares)
- Number of Members Voted: 57
Category-wise Voting Breakdown:
- Promoter and Promoter Group: Held 7,708,149 shares, voted 7,708,149 shares (100% participation)
- Public Institutions: Held 0 shares, voted 0 shares
- Public Non-Institutions: Held 9,850,045 shares, voted 7,256,043 shares (73.6651% participation)
Scrutinizer Appointment and Process
- Scrutinizer: Mr. Naveen Kumar of M/s N. Kumar & Associates (FRN: S2019DE684500), Company Secretaries
- E-voting Service Provider: Central Depository Services (India) Limited (CDSL)
- Voting Period: May 23, 2026 (09:00 AM IST) to June 21, 2026 (05:00 PM IST)
- Vote Unblocking: June 22, 2026 at 10:47 AM IST in presence of witnesses Mr. Sahil Pruthi and Mrs. Anshu Arora
Document Submission
The company submitted the following documents to BSE:
1. Declaration of the result of voting through remote e-voting (Annexure-I)
2. Voting result as required under Regulation 44 of SEBI LODR Regulations (Annexure-II)
3. Scrutinizer's Report pursuant to Section 108 of Companies Act, 2013 (Annexure-III)
The results and scrutinizer's report are also hosted on the company's website and CDSL's website.