Postal Ballot Details

The postal ballot was initiated via letter dated June 3, 2026 (Ref: agsl/corres/Bse-Nse/26-27/0021) based on a Postal Ballot Notice dated May 22, 2026. The e-voting period commenced on Monday, June 8, 2026 at 9:00 a.m. IST and concluded on Tuesday, July 7, 2026 at 5:00 p.m. IST.

Resolutions Voted On

Three resolutions were put to vote:

1. Item No. 1: Special Resolution to approve the appointment of Mrs. Neelu Jain (DIN: 00227058) as an Independent Director of the Company

2. Item No. 2: Special Resolution to approve appointment of Mr. Rajeev Kumar as Director on the Board of Directors of the Company retirable by rotation

3. Item No. 3: Special Resolution for appointment of Mr. Rajeev Kumar (DIN: 00270046) as a Whole-Time Director (Director-Finance & CFO) of the Company making his appointment retire by rotation and the Remuneration payable to him

Scrutinizer Appointment

The Board of Directors appointed Ms. Ashu Gupta, Practising Company Secretary (FCS No. 4123) of M/s. Ashu Gupta & Co., as the Scrutinizer for conducting the Postal Ballot.

Voting Results

All three resolutions were approved with 99.83% majority votes in favor. The approval is deemed to have been received on the last date of e-voting, July 7, 2026.

Detailed Voting Statistics

Total shareholders on record date: 15,668

Resolution 1 - Mrs. Neelu Jain as Independent Director:

  • Promoter & Promoter Group: 88,878,130 shares voted (99.9966% of outstanding), 100% in favor
  • Public Institutions: 849 shares voted (0.3723% of outstanding), 100% in favor
  • Public Non-Institutions: 6,459,137 shares voted (7.6403% of outstanding), 97.4517% in favor, 2.5483% against
  • Total: 95,335,116 votes cast (54.9018% of outstanding shares), 99.8274% in favor

Resolution 2 - Mr. Rajeev Kumar as Director:

  • Promoter & Promoter Group: 88,878,130 shares voted (99.9966% of outstanding), 100% in favor
  • Public Institutions: 849 shares voted (0.3723% of outstanding), 100% in favor
  • Public Non-Institutions: 6,459,032 shares voted (7.6402% of outstanding), 97.4517% in favor, 2.5483% against
  • Total: 95,335,011 votes cast (54.9017% of outstanding shares), 99.8273% in favor

Resolution 3 - Mr. Rajeev Kumar as Whole-Time Director:

  • Promoter & Promoter Group: 88,878,130 shares voted (99.9966% of outstanding), 100% in favor
  • Public Institutions: 849 shares voted (0.3723% of outstanding), 100% in favor
  • Public Non-Institutions: 6,459,032 shares voted (7.6402% of outstanding), 97.4517% in favor, 2.5483% against
  • Total: 95,335,011 votes cast (54.9017% of outstanding shares), 99.8273% in favor

Invalid Votes

  • Public Non-Institutions: 105 invalid votes across all resolutions
  • Promoter and Promoter Group: 0 invalid votes
  • Public Institutions: 0 invalid votes

Scrutinizer's Report Details

The Scrutinizer's Report dated July 8, 2026 was prepared pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 & 22 of the Companies (Management and Administration) Rules, 2014.

Key details from the scrutinizer's process:

  • Advertisement regarding Postal Ballot was published on June 4, 2026 in Financial Express (English) and Pratahkal (Marathi)
  • Cut-off date for determining voting eligibility: May 29, 2026
  • CDSL served as the agency for remote e-voting
  • 155 members cast votes through remote e-voting
  • Result unblocking witnessed by Mr. Manoj Kumar and Ms. Avantika Jaiswal on July 8, 2026 at 10:20 A.M.