Coastal Roadways Limited disclosed the voting results from its 58th Annual General Meeting (AGM) held on Thursday, August 13, 2026 at 12:00 Noon through Video Conferencing/Other Audio Visual Means.
The meeting had 2,900 shareholders on the record date (cut-off date: August 6, 2026). Attendance included 13 promoters/promoter group members and 27 public shareholders present through video conferencing.
Voting was conducted through remote e-voting (August 10-12, 2026) and e-voting during the AGM. The scrutinizer, Debasish Mukherjee, Practicing Company Secretary, submitted the report on August 13, 2026 at about 03:00 PM.
Voting Results Summary
Total shares outstanding: 4,146,565
Total votes polled: 3,110,347 shares (75.0702% participation)
Resolution-wise Results
Agenda 1: Ordinary Resolution
To consider and adopt the audited financial statement for the financial year ended March 31, 2026, and Reports of Board of Directors and Auditors.
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Carried with requisite majority
Agenda 2: Ordinary Resolution
To appoint Smt Shikha Todi (DIN 00268540) as Director who retires by rotation and offered herself for re-appointment.
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Promoters/promoter group were interested in this resolution
- Carried with requisite majority
Agenda 3: Special Resolution
Re-appointment of Sri Kanhaiya Kumar Todi as Whole Time Director
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Promoters/promoter group were interested in this resolution
- Carried with requisite majority
Agenda 4: Special Resolution
Re-appointment of Sri Sushil Kumar Todi as Whole Time Director
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Promoters/promoter group were interested in this resolution
- Carried with requisite majority
Agenda 5: Special Resolution
Re-appointment of Sri Raja Saraogi as Whole Time Director
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Promoters/promoter group were NOT interested in this resolution
- Carried with requisite majority
Agenda 6: Special Resolution
Appointment of Sri Udit Todi as Whole Time Director
- Votes in favor: 3,110,343 shares (99.9999%)
- Votes against: 4 shares (0.0001%)
- Promoters/promoter group were interested in this resolution
- Carried with requisite majority
Shareholder Category Breakdown
- Promoters & Promoter Group: 3,109,315 shares (100% voted in favor across all resolutions)
- Public Institutions: 1,000 shares (0% participation)
- Public Non-Institutions: 1,036,250 shares (1,032 shares voted, 0.0996% participation)
Scrutinizer Report Details
The e-voting process was conducted by National Securities Depository Limited (NSDL). Remote e-voting commenced at 9:00 AM on August 10, 2026 and closed at 5:00 PM on August 12, 2026.
For all resolutions:
- Remote e-voting: 48 members voted representing 3,110,343 shares
- E-voting at AGM: 0 members voted representing 0 shares
- Total votes cast: 50 members (48 remote + 2 at AGM) representing 3,110,347 shares
- Invalid votes: 0
The scrutinizer confirmed that all electronic data and relevant records of e-voting will remain in his custody until the Chairman considers, approves and signs the minutes of the 58th AGM.