Meeting Details

The 40th Annual General Meeting was held on Wednesday, September 16, 2026 at 11:00 A.M. IST through Video Conferencing/Other Audio Visual Means. The meeting concluded at 11:22 A.M. The cut-off date for determining shareholder eligibility to vote was Wednesday, September 09, 2026, with 82,403 shareholders on record.

Voting Process and Methods

The Company appointed National Securities Depository Limited (NSDL) as the agency for providing the e-Voting platform. The remote e-voting period commenced on Sunday, September 13, 2026 from 9:00 a.m. (IST) and ended on Tuesday, September 15, 2026 at 5:00 p.m. (IST). The facility of remote e-voting was also provided to shareholders present at the AGM through VC who had not cast their votes earlier. The vote counting process was unblocked on September 16, 2026 at approximately 11:37 A.M. in the presence of two witnesses (Ms. Nishi Kaveria and Ms. Tanvi Ambre) who were not in the employment of the Company.

Resolution Details and Voting Outcomes

Ordinary Business

Resolution No. 1: Adoption of audited financial statements

  • Type: Ordinary Resolution
  • Total votes polled: 13,57,16,937 (76.42% of outstanding shares)
  • Votes in favor: 13,56,05,130 (99.92% of votes polled)
  • Votes against: 1,11,807 (0.08% of votes polled)
  • Promoter & Promoter Group: 12,42,37,593 votes (100% participation, 100% in favor)
  • Public Institutions: 69,82,490 votes (53.76% participation, 98.40% in favor, 1.60% against)
  • Public Non-Institutions: 44,96,854 votes (11.14% participation, 100% in favor)

Resolution No. 2: Re-appointment of Mr. Anshuman Ruia as Director

  • Type: Ordinary Resolution
  • Promoter group declared interested in this resolution
  • Total votes polled: 1,15,57,277 (6.51% of outstanding shares)
  • Votes in favor: 1,09,06,591 (94.37% of votes polled)
  • Votes against: 6,50,686 (5.63% of votes polled)
  • Promoter & Promoter Group: 0 votes (0% participation, considered invalid due to interest)
  • Public Institutions: 70,60,423 votes (54.36% participation, 90.90% in favor, 9.10% against)
  • Public Non-Institutions: 44,96,854 votes (11.14% participation, 99.81% in favor, 0.19% against)
  • Invalid votes: 12,42,37,593 (Essar Telecom Limited votes considered invalid due to interest)

Resolution No. 3: Declaration of final dividend

  • Type: Ordinary Resolution
  • Total votes polled: 13,57,94,870 (76.46% of outstanding shares)
  • Votes in favor: 13,57,94,610 (100% of votes polled)
  • Votes against: 260 (0% of votes polled)
  • Promoter & Promoter Group: 12,42,37,593 votes (100% participation, 100% in favor)
  • Public Institutions: 70,60,423 votes (54.36% participation, 100% in favor)
  • Public Non-Institutions: 44,96,854 votes (11.14% participation, 99.99% in favor, 0.01% against)

Special Business

Resolution No. 4: Reclassification of Authorised Share Capital

  • Type: Ordinary Resolution
  • Total votes polled: 13,57,94,870 (76.46% of outstanding shares)
  • Votes in favor: 13,56,04,302 (99.86% of votes polled)
  • Votes against: 1,90,568 (0.14% of votes polled)
  • Promoter & Promoter Group: 12,42,37,593 votes (100% participation, 100% in favor)
  • Public Institutions: 70,60,423 votes (54.36% participation, 97.42% in favor, 2.58% against)
  • Public Non-Institutions: 44,96,854 votes (11.14% participation, 99.81% in favor, 0.19% against)

Resolution No. 5: Alteration of Articles of Association

  • Type: Special Resolution
  • Total votes polled: 13,57,94,870 (76.46% of outstanding shares)
  • Votes in favor: 13,56,04,307 (99.86% of votes polled)
  • Votes against: 1,90,563 (0.14% of votes polled)
  • Promoter & Promoter Group: 12,42,37,593 votes (100% participation, 100% in favor)
  • Public Institutions: 70,60,423 votes (54.36% participation, 97.42% in favor, 2.58% against)
  • Public Non-Institutions: 44,96,854 votes (11.14% participation, 99.81% in favor, 0.19% against)

Scrutinizer's Role and Findings

Dr. S.K. Jain, Practicing Company Secretary (PRN NO.:6574/2025, COP No.:3076, Membership No.:1473), was appointed as the Scrutinizer to scrutinize the e-Voting process. The scrutinizer verified that the voting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, and MCA Circulars including General Circular No. 03/2025 dated September 22, 2025. All relevant records of voting were sealed and handed over to the Company Secretary for safe keeping.

Compliance Confirmation

The meeting was conducted in compliance with applicable provisions of the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India. The notice of AGM was sent to 78,448 shareholders via email on August 24, 2026, with 75,925 successfully delivered. Newspaper publication was made in The Free Press Journal (English) and Navshakti (Marathi) on August 25, 2026.