EGM Details

The Extra-Ordinary General Meeting was held on Wednesday, October 21, 2026, at 04:00 p.m. (IST) through Video Conferencing/Other Audio Visual Means in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India.

Scrutinizer Appointment

The Company appointed Mr. Prasen Naithani, Practicing Company Secretary, as the Scrutinizer to scrutinize the entire voting process. According to the Scrutinizer's Report, all three resolutions contained in the EGM notice were duly passed by members with special majority.

Record Date and Shareholder Information

  • Record Date: October 14, 2026
  • Total Number of Shareholders on Record Date: 95,061
  • Shareholders Attended through Video Conferencing: Promoters and Promoter Group: 2, Public: 45
  • Number of Resolutions Passed: 3

Resolution Details

Resolution 1: Borrowing Limits Approval

  • Description: To consider and approve the borrowing limits in excess of the limits given under Section 180(1)(c) of the Companies Act, 2013
  • Resolution Type: Special Resolution
  • Promoter Interest: No

Voting Results - Resolution 1:

  • Promoter and Promoter Group: 203,924,675 shares voted (100% of holdings), 100% in favor
  • Public Institutions: 66,836,540 shares voted (82.92% of holdings), 98.46% in favor, 1.54% against
  • Public Non-Institutions: 17,845,150 shares voted (26.85% of holdings), 100% in favor
  • Total Votes: 288,606,365 shares voted (82.22% participation), 99.64% in favor, 0.36% against
  • Result: Passed

Resolution 2: Charge/Mortgage Creation

  • Description: To consider and approve creation of charge/mortgage on assets/undertakings of the Company
  • Resolution Type: Special Resolution
  • Promoter Interest: No

Voting Results - Resolution 2:

  • Promoter and Promoter Group: 203,924,675 shares voted (100% of holdings), 100% in favor
  • Public Institutions: 66,836,540 shares voted (82.92% of holdings), 98.46% in favor, 1.54% against
  • Public Non-Institutions: 17,845,150 shares voted (26.85% of holdings), 100% in favor
  • Total Votes: 288,606,365 shares voted (82.22% participation), 99.64% in favor, 0.36% against
  • Result: Passed

Resolution 3: Fundraising Approval

  • Description: To consider and approve raising of funds in one or more tranches by issuance of securities including equity shares, bonds, foreign currency convertible bonds, American Depository Receipts, Global Depository Receipts, debentures, non-convertible debt instruments with warrants, convertible debentures, and any other equity-based instruments/securities
  • Resolution Type: Special Resolution
  • Promoter Interest: No

Voting Results - Resolution 3:

  • Promoter and Promoter Group: 203,924,675 shares voted (100% of holdings), 100% in favor
  • Public Institutions: 66,836,540 shares voted (82.92% of holdings), 99.31% in favor, 0.69% against
  • Public Non-Institutions: 17,845,150 shares voted (26.85% of holdings), 100% in favor
  • Total Votes: 288,606,365 shares voted (82.22% participation), 99.84% in favor, 0.16% against
  • Result: Passed

Scrutinizer's Report Details

Mr. Prasen Naithani of P. Naithani & Associates submitted the scrutinizer's report dated October 22, 2026. Key details:

E-voting Process:

  • Service Provider: MUFG Intime India Private Limited
  • Remote e-voting period: October 17, 2026 (09:00 AM IST) to October 20, 2026 (05:00 PM IST)
  • Cut-off date for eligibility: October 14, 2026
  • E-voting also available during EGM for shareholders who hadn't voted remotely

Voting Statistics from Scrutinizer's Report:

Resolution 1:

  • Remote e-voting: 288,589,229 votes cast, 286 members voted, 287,556,695 votes in favor (99.64%), 28 members voted against, 1,032,534 votes against (0.36%)
  • E-voting at EGM: 17,136 votes cast, 5 members voted, all 17,136 votes in favor (100%)
  • Total: 288,606,365 votes cast, 291 members voted in favor, 287,573,831 votes in favor (99.64%), 28 members voted against, 1,032,534 votes against (0.36%)

Resolution 2:

  • Remote e-voting: 288,589,229 votes cast, 286 members voted, 287,556,695 votes in favor (99.64%), 28 members voted against, 1,032,534 votes against (0.36%)
  • E-voting at EGM: 17,136 votes cast, 5 members voted, all 17,136 votes in favor (100%)
  • Total: 288,606,365 votes cast, 291 members voted in favor, 287,573,831 votes in favor (99.64%), 28 members voted against, 1,032,534 votes against (0.36%)

Resolution 3:

  • Remote e-voting: 288,589,229 votes cast, 287 members voted, 288,125,348 votes in favor (99.84%), 31 members voted against, 463,881 votes against (0.16%)
  • E-voting at EGM: 17,136 votes cast, 5 members voted, all 17,136 votes in favor (100%)
  • Total: 288,606,365 votes cast, 292 members voted in favor, 288,142,484 votes in favor (99.84%), 31 members voted against, 463,881 votes against (0.16%)

Note: Four shareholders split their votes (voted both in favor and against) and were counted in both categories.