Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Type of Meeting: Postal Ballot (Remote E-Voting)
  • Notice Date: May 29, 2026
  • Voting Start Date: June 1, 2026 (9:00 AM IST)
  • Voting End Date: June 30, 2026 (5:00 PM IST)
  • Record Date (Cut-off): May 22, 2026
  • Scrutinizer: CS Makarand Lele (FCS: 3453/ CP 2074), Practicing Company Secretary

Proposed Resolution and Implications

The single resolution proposed was a Special Resolution to approve raising funds up to ₹20,000 million by issuing equity shares or any other equity-linked instruments through a QIP, subject to applicable laws and regulatory approvals.

Voting Process

  • The voting was conducted entirely through remote e-voting via the NSDL platform (https://www.evoting.nsdl.com).
  • No physical polling or postal ballot (paper) was used.
  • The scrutinizer unblocked the electronic votes on June 30, 2026, at 5:02 PM IST in the presence of two witnesses.

Key Voting Outcomes

Overall Results

  • Total Number of Members on Record Date: 206,902
  • Total Votes Cast: 772,980,004
  • Total Valid Votes: 748,320,342
  • Votes in Favor: 746,957,191 (99.8178%)
  • Votes Against: 1,363,151 (0.1822%)
  • Invalid Votes: 24,659,662
  • Resolution Passed: Yes

Category-wise Voting Breakdown

Promoter and Promoter Group
  • Shares Held: 591,383,264
  • Votes Polled: 591,383,264 (100% of shares held)
  • Votes in Favor: 591,383,264 (100%)
  • Votes Against: 0 (0%)
Public Institutions
  • Shares Held: 170,733,731
  • Votes Polled: 158,729,313 (92.97% of shares held)
  • Valid Votes: 145,265,675
  • Votes in Favor: 143,916,859 (99.0715%)
  • Votes Against: 1,348,816 (0.9285%)
  • Invalid Votes: 13,463,638
Public Non-Institutions
  • Shares Held: 127,762,197
  • Votes Polled: 22,867,427 (17.90% of shares held)
  • Valid Votes: 11,671,403
  • Votes in Favor: 11,657,068 (99.8772%)
  • Votes Against: 14,335 (0.1228%)
  • Invalid Votes: 11,196,024

Invalid Votes Summary

  • Promoter and Promoter Group: 0
  • Public Institutions: 13,463,638
  • Public Non-Institutions: 11,196,024
  • Total Invalid Votes: 24,659,662

Scrutinizer's Role and Findings

CS Makarand Lele was appointed scrutinizer by the Board of Directors on May 24, 2026. His responsibilities included:

  • Scrutinizing the remote e-voting process in a fair and transparent manner.
  • Ascertaining the requisite majority for the resolution.
  • Downloading and counting votes from the NSDL e-voting system.
  • Submitting a report confirming the results.

He concluded that the resolution secured the requisite majority and was passed as a Special Resolution.

Compliance with Laws and Regulations

The process was conducted in compliance with:

  • Sections 108 and 110 of the Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Regulation 44 of the SEBI LODR Regulations, 2015
  • MCA General Circular No. 09/2024 dated September 19, 2024
  • SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/P/CIR/2024/133 dated October 3, 2024
  • Regulation 47 of SEBI LODR for advertisement publication

An advertisement informing members of the notice dispatch was published in Financial Express (English) and Marathwada Kesari (Marathi) on May 30, 2026.

Additional Information

  • The detailed results are available on the company's website under 'Investor Relations' at https://belriseindustries.com.
  • The NSDL result file identifier for this e-voting event is 139533.
  • The resolution was declared passed on June 30, 2026.