Coral Laboratories Limited has disclosed the results of a postal ballot e-voting process conducted pursuant to Regulation 30 read with Schedule III(A)(13) and Regulation 44 of the SEBI LODR Regulations, 2015.

The voting was conducted for a single resolution:

Resolution Details:

  • Agenda Item: Approval for increase in remuneration and other facilities to Ms. Meera Doshi holding office or place of profit
  • Resolution Type: Ordinary Resolution
  • Mode of Voting: Postal Ballot/E-Voting
  • Result: Passed as an Ordinary Resolution

Voting Timeline:

  • Cut-off date for determining voting rights: June 19, 2026
  • Voting commencement: June 23, 2026 at 09:00 a.m.
  • Voting conclusion: July 22, 2026 at 05:00 p.m.

Shareholding Structure (as of June 19, 2026):

  • Total number of shareholders: 3,999
  • Total shares outstanding: 3,572,600
  • Promoter & Promoter Group shares: 2,554,804
  • Public shares: 1,017,796
  • Public Institution shares: 0
  • Public Non-Institution shares: 1,017,796

Voting Results:

  • Total votes polled: 155,089 (15.24% of outstanding shares)
  • Votes in favor: 98,311 (63.39% of votes polled)
  • Votes against: 56,778 (36.61% of votes polled)
  • Invalid votes: 0

Category-wise Voting Breakdown:

  • Promoter & Promoter Group: 0 votes polled (0% of category shares)
  • Public Institution: 0 votes polled (0% of category shares)
  • Public Non-Institution: 155,089 votes polled (15.24% of category shares)
  • Votes in favor: 98,311 (63.39%)
  • Votes against: 56,778 (36.61%)

Scrutinizer Details:

  • Scrutinizer: SARK & Associates LLP (Company Secretaries)
  • Designated Partner: Raju Ananthanarayanan
  • Service Provider: National Securities Depository Limited (NSDL)
  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited

The scrutinizer's report confirms that all relevant records of electronic voting will remain in safe custody until the Chairman considers, approves and signs the Minutes of the Postal Ballot voting process.

Regulatory References:

  • Disclosure made under Regulation 30 read with Schedule III(A)(13) of SEBI Listing Regulations
  • Voting results provided as per Regulation 44 of SEBI LODR Regulations, 2015
  • Conducted pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014