Scrutinizer's Report on Postal Ballot E-Voting
Regulatory Framework
The e-voting process was conducted pursuant to:
- Sections 108 & 110 of the Companies Act, 2013
- Rule 20(4)(XI) of the Companies (Management and Administration) Rules, 2014
- General Circulars Nos. 14/2020 (April 08, 2020), 03/2022 (May 05, 2022), 11/2022 (December 28, 2022), and 03/2025 (September 22, 2025)
- Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Voting Details
The e-voting period remained open from Friday, July 24, 2026 (09:00 A.M.) to Saturday, August 22, 2026 (05:00 P.M.). Members of the company as on the cut-off date of July 17, 2026 were entitled to vote on the resolution.
Vote Finalization Process
The votes cast were unblocked and finalized on August 22, 2026 at 05:04 P.M. in the presence of two independent witnesses: Uttam Singh and Soumya Wadhwani, who are not in the employment of the company. Both witnesses signed confirming the vote finalization process.
Resolution Details
The special resolution put to vote was: "Issuance of up to 18,00,000 Fully Convertible Warrants to the entity belonging to the 'Non-Promoter' category on preferential basis."
Voting Results
Special Resolution: Issuance of 18,00,000 Fully Convertible Warrants
- Voted in favor of the resolution: 54 members cast 34,223,864 valid votes, representing 99.99% of total valid votes cast
- Voted against the resolution: 0 members cast 0 votes against the resolution
- Invalid votes: NIL members with NIL invalid votes cast
Technical Notes
Percentage of votes cast in favor or against the resolution are calculated based on the valid votes cast through e-voting. The voting process was facilitated by National Securities Depository Limited (NSDL) through their e-voting platform at https://www.evoting.nsdl.com/.
Scrutinizer Certification
The report is signed by the scrutinizer, Ms. Sheetal Chanchlani (Membership No. 78709), with UDIN: A078709H001191612.