Meeting Details

The resolutions were deemed passed on the last date of e-voting, May 30, 2026. This was a postal ballot process with remote e-voting only; no physical meeting was held.

Proposed Resolutions and Implications

Three special resolutions were proposed for shareholder approval:

1. Amendment and Ratification of Aye Finance Employee Stock Option Plan 2020

2. Amendment and Ratification of Aye Finance Employee Stock Option Plan 2024

3. Ratification of extension of grant to eligible Employees and Directors of Foundation for Advancement of Micro Enterprises (wholly-owned subsidiary) under Aye Finance Employee Stock Option Plan 2024

The promoter/promoter group was not interested in any of these resolutions.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting via CDSL's platform. The voting period was from 9:00 a.m. (IST) on May 1, 2026, to 5:00 p.m. (IST) on May 30, 2026. No physical polling or postal ballot forms were used.

Key Voting Outcomes

Resolution 1: Amendment and Ratification of ESOP 2020

  • Total votes polled: 189,158,628 shares (76.6494% of outstanding shares)
  • Votes in favor: 186,841,823 shares (98.78% of votes polled)
  • Votes against: 2,316,805 shares (1.22% of votes polled)
  • Result: Passed

Category-wise breakdown:

  • Promoter and Promoter Group: 0 votes cast (0% participation)
  • Public Institutions: 66,634,351 votes cast (74.9520% participation) - 64,318,020 in favor (96.5238%), 2,316,331 against (3.4762%)
  • Public-Non Institutions: 122,524,277 votes cast (77.6052% participation) - 122,523,803 in favor (99.9996%), 474 against (0.0004%)

Resolution 2: Amendment and Ratification of ESOP 2024

  • Total votes polled: 189,158,628 shares (76.6494% of outstanding shares)
  • Votes in favor: 186,841,707 shares (98.78% of votes polled)
  • Votes against: 2,316,921 shares (1.22% of votes polled)
  • Result: Passed

Category-wise breakdown:

  • Promoter and Promoter Group: 0 votes cast (0% participation)
  • Public Institutions: 66,634,351 votes cast (74.9520% participation) - 64,318,020 in favor (96.5238%), 2,316,331 against (3.4762%)
  • Public-Non Institutions: 122,524,277 votes cast (77.6052% participation) - 122,523,687 in favor (99.9995%), 590 against (0.0005%)

Resolution 3: Ratification of ESOP Extension to Subsidiary

  • Total votes polled: 189,158,628 shares (76.6494% of outstanding shares)
  • Votes in favor: 186,756,425 shares (98.73% of votes polled)
  • Votes against: 2,402,203 shares (1.27% of votes polled)
  • Result: Passed

Category-wise breakdown:

  • Promoter and Promoter Group: 0 votes cast (0% participation)
  • Public Institutions: 66,634,351 votes cast (74.9520% participation) - 64,233,038 in favor (96.3963%), 2,401,313 against (3.6037%)
  • Public-Non Institutions: 122,524,277 votes cast (77.6052% participation) - 122,523,387 in favor (99.9993%), 890 against (0.0007%)

Scrutinizer's Role and Findings

Mr. Jatin Singal, Proprietor of M/s Jatin Singal & Associates, Company Secretaries, was appointed as scrutinizer. His responsibilities included ensuring a fair and transparent e-voting process and counting votes after the conclusion of remote e-voting. The votes were unblocked in the presence of two witnesses (Ms. Vridhi Jain and Ms. Tamana Ohri) who were not employees of the company.

Scrutinizer's member-level results:

  • Resolution 1: 127 members voted in favor (98.78%), 14 members voted against (1.22%)
  • Resolution 2: 126 members voted in favor (98.78%), 15 members voted against (1.22%)
  • Resolution 3: 124 members voted in favor (98.73%), 17 members voted against (1.27%)

No invalid votes were recorded for any resolution.

Compliance with Laws and Regulations

The process complied with Sections 108 & 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, SEBI Listing Regulations, MCA Circulars including General Circular Nos. 14/2020, 17/2020 and 3/2025, and applicable SEBI circulars. The notice was dispatched via email to all members registered as of April 24, 2026, and advertisements were published in Financial Express (English) and Jansatta (Hindi) on April 30, 2026.

Additional Information

The voting results and scrutinizer's report are available on the company's website (https://www.ayefin.com/disclosures/meeting-notices) and CDSL's website (https://www.evotingindia.com). The company's CIN is L65921DL1993PLC283660, with registered office at M-5, Magnum House -I, Karampura, West Delhi, New Delhi 110015, India and corporate office at Unit No. 701-711, 7th Floor, Unitech Commercial Tower-2, Gurugram 122003, Haryana, India.