Meeting Details

The postal ballot was conducted through remote e-voting on Saturday, October 03, 2026, with results declared on Monday, October 05, 2026. The process was conducted pursuant to Section 108 and 110 of Companies Act, 2013 read with Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014, and multiple MCA Circulars issued between 2020-2025.

Proposed Resolutions and Implications

Special Resolution - Item No. 1

Approval of 'BHVL Employee Stock Option Plan 2026' and grant of Employee Stock Options to employees of the Company. The plan authorizes issuance of up to 75,00,000 equity shares of ₹10 each to employees (excluding promoters/promoter group) and certain directors. The resolution includes authority to modify terms, suspend, withdraw or terminate the scheme.

Ordinary Resolution - Item No. 2

Approval of material related party transactions with SRP Prosperita Hotel Ventures Limited, a subsidiary of the Company, for an aggregate value of up to ₹64.22 crore to be entered during the period commencing from the date of passing of resolution till expiry of twelve months thereafter.

Voting Process and Methods

The remote e-voting period commenced from 9:00 AM IST on Friday, September 04, 2026 and ended at 5:00 PM IST on Saturday, October 03, 2026. The company availed services of KFin Technologies Limited to provide remote e-voting facility. Postal ballot notices were sent only through electronic mode to shareholders whose email addresses were registered as of cut-off date Friday, August 28, 2026.

Key Voting Outcomes

Special Resolution - Item No. 1 Results

  • Total votes cast: 356,358,862 equity shares of ₹10 each
  • Votes in favor: 342,132,961 shares (96.01% of total votes polled)
  • Votes against: 14,225,891 shares (3.99% of total votes polled)
  • Number of ballots: 423 in favor, 36 against

Ordinary Resolution - Item No. 2 Results

  • Total votes cast: 356,358,862 equity shares of ₹10 each
  • Votes in favor: 345,449,434 shares (96.94% of total votes polled)
  • Votes against: 10,909,416 shares (3.06% of total votes polled)
  • Number of ballots: 432 in favor, 26 against

Scrutinizer's Role and Findings

The Board of Directors appointed CS Ravishankar S (Membership No. FCS 6888, CP No. 6584) or in his absence CS Sarvotham P (Membership No. FCS 11844, CP No. 18276), Partners of M/s. ASR & Co., as Scrutinizer to conduct the postal ballot through remote e-voting process. After scrutiny of votes, CS Ravishankar S submitted his report to Ms. Akanksha Bijawat, Company Secretary & Compliance Officer, confirming that members passed both resolutions with requisite majority.

Compliance Confirmation

The disclosure confirms compliance with SEBI Listing Regulations, Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and various MCA Circulars. The notice was available on company website (www.bhvl.in), stock exchange websites (BSE and NSE), and KFin Technologies website.