Disclosure of Voting Results for Postal Ballot Process

Nature of Disclosure: Regulatory filing pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, disclosing the voting results of a postal ballot process.

Subject of Postal Ballot: Appointment of Mr. Rupesh Chandrakant Shah (DIN: 00277687) as an Independent Director of the Company. This was a Special Resolution.

Key Dates:

  • Record Date for determining voting eligibility: May 22, 2026
  • Date of Postal Ballot Notice: March 31, 2026
  • E-voting period: Commenced at 09:00 AM IST on May 30, 2026, and ended at 05:00 PM IST on June 28, 2026
  • Scrutinizer's Report Date: June 29, 2026

Scrutinizer Details:

  • Name: Naveen Kumar Mandovara (Partner of S. Sharda & Associates)
  • Qualification: Chartered Accountant (Membership No. FCA117422)
  • Appointment Date: By Board of Directors on March 31, 2026

Voting Mechanism: The voting was conducted entirely through remote e-voting facility provided by National Securities Depository Limited (NSDL). No physical ballot forms were dispatched.

Shareholder Base: Total number of shareholders on the record date (May 22, 2026) was 9,744.

Detailed Voting Results

Resolution: Appointment of Mr. Rupesh Chandrakant Shah as Independent Director

Promoter and Promoter Group Voting:

  • Total shares held: 7,896,960
  • Votes polled: 7,887,333 (99.8781% of shares held)
  • Votes in favour: 7,887,333 (100.0000% of votes polled)
  • Votes against: 0 (0.0000% of votes polled)

Public Institutions Voting:

  • Total shares held: 3,237
  • Votes polled: 0 (0.0000% of shares held)
  • Votes in favour: 0 (0.0000% of votes polled)
  • Votes against: 0 (0.0000% of votes polled)

Public Non-Institutions Voting:

  • Total shares held: 3,887,065
  • Votes polled: 62,852 (1.617% of shares held)
  • Votes in favour: 62,188 (98.9435% of votes polled)
  • Votes against: 664 (1.0565% of votes polled)

Combined Total Voting:

  • Total outstanding shares: 11,787,262
  • Total votes polled: 7,950,185 (67.4473% of total shares)
  • Total votes in favour: 7,949,521 (99.9916% of votes polled)
  • Total votes against: 664 (0.0084% of votes polled)

Result: The Special Resolution was PASSED.

Scrutinizer's Report Summary:

The scrutinizer confirmed the process was conducted fairly. The e-voting data showed 61 members voted in favour with 7,949,521 votes (99.9916% of valid votes), and 8 members voted against with 664 votes (0.0084% of valid votes). The total valid votes cast were 7,950,185.

Regulatory References: This disclosure is made under Regulation 44(3) of the SEBI LODR Regulations, 2015, and pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014.

Financial Impact: No direct financial impact is quantified in this disclosure. This is a governance-related procedural announcement.

Signatories:

  • Joseph Saji Varghese, Company Secretary & Compliance Officer (signing the disclosure letter)
  • Gokul Mrugesh Jaykrishna, Managing Director (DIN: 00671652) (countersigning the scrutinizer's report)