Key Resolution and Voting Details
- Shareholders approved Special Resolution 01: "To consider the issue of 10,00,000 Warrants to the Promoter of the Company on preferential basis" through postal ballot.
- The remote e-voting period commenced on July 10, 2026 and concluded on August 08, 2026.
- Total shareholders voted: 99
- Total shares voted: 81,59,063
- Votes in favor: 81,55,799 shares (99.96%)
- Votes against: 3,264 shares (0.04%)
- No invalid votes or abstentions
Voting Breakdown by Category
Promoter and Promoter Group
- Shares held: 80,97,182
- Shares voted: 80,97,182 (100% of holdings)
- Votes in favor: 100% (80,97,182 shares)
- Votes against: 0%
Public Institutions
- Shares held: 28,832
- Shares voted: 20,661 (71.66% of holdings)
- Votes in favor: 100% (20,661 shares)
- Votes against: 0%
Public Non-Institutions
- Shares held: 77,94,858
- Shares voted: 41,220 (0.53% of holdings)
- Votes in favor: 37,956 shares (92.08%)
- Votes against: 3,264 shares (7.92%)
Scrutinizer and Declaration Details
- Scrutinizer: Mr. Parameshwar Bhat, Practicing Company Secretary (M. No. 11004, FCS No. 8860)
- Scrutinizer report dated: August 10, 2026
- Results declared by: Mr. Shailesh Siroya, Managing Director (DIN: 00048109) on August 10, 2026
- Company Secretary: Shreepada ML (ICSI M No: A66681)
Additional Information
- Original postal ballot notice dated: July 09, 2026
- Corrigendum to notice dated: July 23, 2026
- Company CIN: L85110KA1987PLC008368
- Total outstanding shares: 1,59,20,872
- Total voting percentage: 51.25% of outstanding shares
Financial Impact
Financial impact of the warrant issue not quantified in the disclosure.