Key Resolution Details

The company sought shareholder approval for one special business item:

  • Appointment of Mr. Shashi Kiran Shetty (DIN: 00012754) as a Non-Executive, Non-Independent Director of the Company

Voting Results

The resolution was approved as an Ordinary Resolution deemed passed on June 26, 2026 (the last date of e-voting).

Detailed Voting Results:

Promoter and Promoter Group:

  • Shares held: 16,59,02,939
  • Votes polled: 16,59,02,939 (100% of shares held)
  • Votes in favor: 16,59,02,939 (100%)
  • Votes against: 0 (0%)

Public Institutional Holders:

  • Shares held: 1,40,88,387
  • Votes polled: 1,34,62,426 (95.5596% of shares held)
  • Votes in favor: 1,33,38,626 (99.0804% of votes polled)
  • Votes against: 1,23,800 (0.9196% of votes polled)

Public Non-Institutional Holders:

  • Shares held: 72,06,898
  • Votes polled: 69,81,977 (10.8117% of shares held)
  • Votes in favor: 55,84,777 (99.8425% of votes polled)
  • Votes against: 12,235 (0.1557% of votes polled)

Total Voting:

  • Total shares: 25,20,60,324
  • Total votes polled: 18,71,35,184 (74.2422% of total shares)
  • Total votes in favor: 18,69,99,149 (99.9273% of votes polled)
  • Total votes against: 1,36,035 (0.0727% of votes polled)

Scrutinizer Appointment and Process

  • Vaibhav Dandawate (Membership No. A51538), Partner of M/s. Makarand M. Joshi & Co., was appointed as Scrutinizer by the Board of Directors at their meeting held on May 21, 2026.
  • National Securities Depository Limited (NSDL) was appointed as the agency for providing remote e-voting facility.
  • The postal ballot notice was dated May 21, 2026, and sent to members on May 26, 2026.
  • Newspaper advertisements were published in "The Free Press Journal" (English) and "Navshakti" (Marathi) on May 27, 2026.
  • The remote e-voting period commenced on May 28, 2026, at 09:00 AM IST and ended on June 26, 2026, at 05:00 PM IST.

Additional Notes from Scrutinizer

  • There were no invalid votes cast in relation to the resolution.
  • Voting rights on shares transferred to 'Investor Education and Protection Fund (IEPF)' and 'Unclaimed or Suspense or Escrow Account' are frozen.
  • Voting rights of Foreign Portfolio Investors who have not submitted additional disclosures by the prescribed period as per SEBI Master Circular dated May 30, 2024, have been restricted.