Key Resolution Details
- Special Resolution: Approval for issue of Equity Shares on preferential basis towards conversion of outstanding unsecured loan into equity shares of the Company.
- Reference: Postal Ballot Notice dated 4th August 2026, with corrigendum dated 18th August 2026.
- Resolution deemed passed on 3rd September 2026, being the last date fixed for e-voting.
Voting Process and Timeline
- Remote e-voting period: Commenced on Wednesday, 5th August 2026 at 09:00 a.m. (IST) and concluded on Thursday, 3rd September 2026 at 05:00 p.m. (IST).
- Scrutinizer: Mr. Pawan Jain, Proprietor, Pawan Jain & Associates, Company Secretaries (Membership No. FCS 13589; CP No. 23692) was appointed to conduct the postal ballot process.
- Cut-off date for determining members entitled to vote: Friday, 31st July 2026.
Voting Results
- Total members who voted: 65
- Total votes cast (shares): 2,65,09,458
- Percentage of total votes cast in favor: 99.9957%
- Votes against: 1,128 shares (0.0043%)
- Invalid votes: None
Category-wise Voting Breakdown
Promoter and Promoter Group:
- Shares held: 2,59,45,599
- Votes polled: 2,59,45,599 (100% of shares held)
- Votes in favor: 2,59,45,599 (100%)
- Votes against: 0 (0%)
Public - Institutions:
- Shares held: 35,94,959
- Votes polled: 0 (0% of shares held)
- Votes in favor: 0 (0%)
- Votes against: 0 (0%)
Public - Non Institutions:
- Shares held: 3,12,01,390
- Votes polled: 5,64,987 (1.8108% of shares held)
- Votes in favor: 5,63,859 (99.8003% of votes polled)
- Votes against: 1,128 (0.1997% of votes polled)
Scrutinizer's Report Details
- Date of scrutinizer's report: 3rd September 2026
- Total members who voted: 70 (representing 2,65,10,586 equity shares)
- All votes cast were valid
- The electronic data and relevant records relating to e-voting are under the scrutinizer's safe custody and will be handed over to the company's Compliance Officer
- The vote unblocking was witnessed by Mr. Prasad Mogalagani and Mr. Anshul Singhai, who are not in the employment of the company