Meeting Details

The 2nd Annual General Meeting (AGM) of Bluspring Enterprises Limited was held on Monday, August 31, 2026, at 03:00 P.M. (IST) through Video Conferencing/Other Audio-Visual Means. The meeting was convened based on the Notice dated July 31, 2026.

Cut-off Date: August 24, 2026

Total Number of Shareholders on Cut-off Date: 82,555

Attendance:

  • Promoters and Promoter Group attending through video conferencing: 4
  • Public shareholders attending through video conferencing: 104
  • No shareholders were present in person or through proxy

Proposed Resolutions and Implications

Six resolutions were proposed and passed at the meeting:

1. Ordinary Resolution: To receive, consider, and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026, with Reports of Board of Directors and Auditors

2. Ordinary Resolution: To receive, consider, and adopt the Audited Consolidated Financial Statements with Auditor's Report for FY ended March 31, 2026

3. Ordinary Resolution: To appoint Mr. Anish Thurthi (DIN: 08713000) as a Director liable to retire by rotation

4. Special Resolution: To approve borrowing powers under Section 180(1)(c) of Companies Act, 2013

5. Special Resolution: To approve creation of charges/securities on company properties/assets under Section 180(1)(a) of Companies Act, 2013

6. Special Resolution: To approve increase in limits for investments/loans/guarantees under Section 186 of Companies Act, 2013

None of the resolutions had promoter/promoter group interest.

Voting Process and Methods

The voting was conducted through:

  • Remote e-voting via CDSL platform
  • Electronic voting during the AGM for shareholders who hadn't voted remotely

E-voting period: August 27, 2026 (9:00 AM IST) to August 30, 2026 (5:00 PM IST)

The e-voting module was blocked by CDSL after the voting period ended.

Key Voting Outcomes

Resolution 1 (Ordinary - Standalone Financials)

  • Total Votes Polled: 11,25,23,639 (75.2656% of outstanding shares)
  • Votes in Favor: 11,25,23,185 (99.9996% of votes polled)
  • Votes Against: 454 (0.0004% of votes polled)
  • Promoter Group: 100% in favor (8,67,48,514 votes)
  • Public Institutions: 100% in favor (1,32,86,873 votes)
  • Public Non-Institutions: 99.9964% in favor (1,24,87,798 votes), 0.0036% against (454 votes)

Resolution 2 (Ordinary - Consolidated Financials)

  • Total Votes Polled: 11,25,23,639 (75.2656% of outstanding shares)
  • Votes in Favor: 11,25,23,185 (99.9996% of votes polled)
  • Votes Against: 454 (0.0004% of votes polled)
  • Voting pattern identical to Resolution 1 across all categories

Resolution 3 (Ordinary - Director Appointment)

  • Total Votes Polled: 11,25,49,216 (75.2827% of outstanding shares)
  • Votes in Favor: 11,17,39,891 (99.2809% of votes polled)
  • Votes Against: 8,09,325 (0.7191% of votes polled)
  • Promoter Group: 100% in favor (8,67,48,514 votes)
  • Public Institutions: 93.9244% in favor (1,25,03,639 votes), 6.0756% against (8,08,811 votes)
  • Public Non-Institutions: 99.9959% in favor (1,24,87,738 votes), 0.0041% against (514 votes)

Resolution 4 (Special - Borrowing Powers)

  • Total Votes Polled: 11,25,49,216 (75.2827% of outstanding shares)
  • Votes in Favor: 11,21,48,433 (99.6439% of votes polled)
  • Votes Against: 4,00,783 (0.3561% of votes polled)
  • Promoter Group: 100% in favor (8,67,48,514 votes)
  • Public Institutions: 96.9928% in favor (1,29,12,121 votes), 3.0072% against (4,00,329 votes)
  • Public Non-Institutions: 99.9964% in favor (1,24,87,798 votes), 0.0036% against (454 votes)

Resolution 5 (Special - Creation of Charges)

  • Total Votes Polled: 11,25,49,216 (75.2827% of outstanding shares)
  • Votes in Favor: 11,25,48,762 (99.9996% of votes polled)
  • Votes Against: 454 (0.0004% of votes polled)
  • Promoter Group: 100% in favor (8,67,48,514 votes)
  • Public Institutions: 100% in favor (1,33,12,450 votes)
  • Public Non-Institutions: 99.9964% in favor (1,24,87,798 votes), 0.0036% against (454 votes)

Resolution 6 (Special - Investment/Loan Limits)

  • Total Votes Polled: 11,25,49,216 (75.2827% of outstanding shares)
  • Votes in Favor: 11,03,61,202 (98.0559% of votes polled)
  • Votes Against: 21,88,014 (1.9441% of votes polled)
  • Promoter Group: 100% in favor (8,67,48,514 votes)
  • Public Institutions: 83.5681% in favor (1,11,24,966 votes), 16.4319% against (21,87,484 votes)
  • Public Non-Institutions: 99.9958% in favor (1,24,87,722 votes), 0.0042% against (530 votes)

Scrutinizer's Role and Findings

B Hemanth, Partner of Hemanth, Holla & Co. (FRN: P2021KR087), was appointed as Scrutinizer to scrutinize the e-voting process. His responsibilities included:

  • Ensuring fair and transparent voting process
  • Preparing report based on data from CDSL e-voting system
  • Reviewing votes cast in favor and against each resolution

The scrutinizer confirmed:

  • Notice was sent electronically and hosted on company website and CDSL platform
  • Advertisement was published in Financial Express (English) and Hosadigantha (Kannada) on August 8, 2026
  • Voting data was downloaded from CDSL portal on August 31, 2026, at 16:01 HRS
  • The download was witnessed by Ms. S Nagajyothi and Ms. Swathi Holla (independent witnesses)
  • All electronic data and records were handed over to the Company Secretary for safekeeping

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 and 110 of Companies Act, 2013
  • Rule 20 and 22 of Companies (Management and Administration) Rules, 2014
  • MCA Circular No. 09/2024 dated September 19, 2024
  • Secretarial Standard on General Meetings