Meeting Details

The resolutions were passed through a Postal Ballot with remote e-voting. There was no physical meeting. The last date for remote e-voting was June 12, 2026, which is deemed the date of passing for the resolutions.

Summary of Proposed Resolutions and Implications

Two special resolutions were proposed for shareholder approval:

1. Amendments in "ACME Employee Stock Option Plan 2024".

2. Grant of Options to Employees of Subsidiary Company(ies) and/or Holding Company(ies) under the ACME Employee Stock Option Plan 2024.

The passing of these resolutions allows the company to modify its ESOP scheme and extend option grants to employees of its group companies.

Voting Process and Methods

The voting was conducted solely through remote e-voting; no physical polling or postal ballot forms were used. The company availed the e-voting facility of KFin Technologies Limited (KFinTech). The remote e-voting period commenced on Thursday, May 14, 2026, at 09:00 A.M. (IST) and concluded on Friday, June 12, 2026, at 05:00 P.M. (IST). The cut-off date for determining shareholder eligibility was Friday, May 08, 2026.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on the record date: 158,274
  • Total number of shares voted: 555,845,255
  • Percentage of votes polled on outstanding shares: 91.73%

Resolution 1: Amendments in ESOP Plan 2024

  • Total valid votes cast: 555,845,255
  • Votes in favor: 547,562,059 (98.5098% of votes cast)
  • Votes against: 8,283,196 (1.4902% of votes cast)
  • Number of members who voted in favor: 433
  • Number of members who voted against: 96
  • Invalid votes: 0
  • Result: PASSED

Resolution 2: Grant of Options to Group Company Employees

  • Total valid votes cast: 555,845,255
  • Votes in favor: 526,150,906 (94.6578% of votes cast)
  • Votes against: 29,694,349 (5.3422% of votes cast)
  • Number of members who voted in favor: 402
  • Number of members who voted against: 127
  • Invalid votes: 0
  • Result: PASSED

Category-Wise Voting Breakdown (Combined for both resolutions)

Promoter and Promoter Group

  • Shares held: 504,733,862
  • Votes polled via e-voting: 504,733,852
  • Percentage of votes polled on outstanding shares: 100.00%
  • Votes in favor: 504,733,852 (100.00%)
  • Votes against: 0 (0.00%)

Public Institutions

  • Shares held: 62,766,942
  • Votes polled via e-voting: 50,950,945
  • Percentage of votes polled on outstanding shares: 81.17%
  • Votes in favor: 21,293,090 (41.79%)
  • Votes against: 29,657,855 (58.21%)

Public Non-Institutions

  • Shares held: 38,471,000
  • Votes polled via e-voting: 160,458
  • Percentage of votes polled on outstanding shares: 0.42%
  • Votes in favor: 123,964 (77.26%)
  • Votes against: 36,494 (22.74%)

Scrutinizer's Role, Findings, and Conclusions

DMK Associates, Company Secretaries (Deepak Kukreja, FCS), was appointed as the Scrutinizer. Their responsibilities included scrutinizing the remote e-voting process in a fair and transparent manner and reporting the results. The scrutinizer downloaded the e-voting report from KFinTech's website and unblocked the votes in the presence of two witnesses. They concluded that both special resolutions were passed as the votes in favor were more than three times the votes against for each resolution. The electronic voting data is under the scrutinizer's custody until the Chairman signs the minutes.

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Sections 108 and 110 of the Companies Act, 2013.
  • Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014.
  • Relevant MCA Circulars, including General Circulars 14/2020, 17/2020, 22/2020, and the latest Circular 03/2025.

The Postal Ballot Notice was sent via email to all members registered as of the cut-off date.

Additional Information

The company's Corporate Identification Number (CIN) is L40106HR2015PLC102129. Its registered office is at Plot No. 152, Sector 44, Gurugram, Haryana, 122002. This information is also available on the company's website, www.acmesolar.in.