Disclosure Context
This disclosure to BSE Limited presents the voting results and scrutinizer report for a postal ballot conducted through remote e-voting process, in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The postal ballot was initiated following a notice dated May 25, 2026, and dispatched to members on June 09, 2026. The record date for determining eligible voters was fixed as June 05, 2026.
Voting Results Overview
Total Shareholders on Record Date: 4,111
Total Outstanding Shares: 34,883,438
Number of Resolutions: 5
Scrutinizer: M/s. Vidhya & Associates, Company Secretaries (Vidhya Sivakumar, Membership No. 17092)
Scrutinizer Appointment Date: May 25, 2026
Voting Period: June 11, 2026 (9:00 AM IST) to July 10, 2026 (5:00 PM IST)
Resolution-wise Voting Details
Resolution 1: Approval of material related party transactions with Silver Sands Beach Resort
Type: Ordinary Resolution
Promoter Interest: Yes (votes treated as invalid)
Total Votes Polled: 51,358 shares (0.1472% of outstanding shares)
Votes in Favor: 51,282 shares (99.852% of votes polled)
Votes Against: 76 shares (0.148% of votes polled)
Invalid Votes: 4,630,952 shares (from Promoter and Promoter Group)
Result: Passed
Resolution 2: Approval of material related party transactions with Accord Distilleries And Breweries Private Limited
Type: Ordinary Resolution
Promoter Interest: Yes (votes treated as invalid)
Total Votes Polled: 51,358 shares (0.1472% of outstanding shares)
Votes in Favor: 51,282 shares (99.852% of votes polled)
Votes Against: 76 shares (0.148% of votes polled)
Invalid Votes: 4,630,952 shares (from Promoter and Promoter Group)
Result: Passed
Resolution 3: Approval of material related party transactions with Bharath Institute Of Higher Education & Research
Type: Ordinary Resolution
Promoter Interest: Yes (votes treated as invalid)
Total Votes Polled: 51,358 shares (0.1472% of outstanding shares)
Votes in Favor: 51,282 shares (99.852% of votes polled)
Votes Against: 76 shares (0.148% of votes polled)
Invalid Votes: 4,630,952 shares (from Promoter and Promoter Group)
Result: Passed
Resolution 4: Approval of material related party transactions with Mrs. Kalaiarasi
Type: Ordinary Resolution
Promoter Interest: No
Total Votes Polled: 24,765,813 shares (70.9959% of outstanding shares)
Votes in Favor: 24,765,737 shares (99.9997% of votes polled)
Votes Against: 76 shares (0.0003% of votes polled)
Invalid Votes: 0 shares
Result: Passed
Resolution 5: Appointment of Dr. Swetha Sundeep Anand (DIN: 01728751) as Director (Non-Executive - Non-Independent)
Type: Ordinary Resolution
Promoter Interest: No
Total Votes Polled: 24,765,813 shares (70.9959% of outstanding shares)
Votes in Favor: 24,765,737 shares (99.9997% of votes polled)
Votes Against: 76 shares (0.0003% of votes polled)
Invalid Votes: 0 shares
Result: Passed
Category-wise Shareholding Pattern
Promoter and Promoter Group: 24,720,186 shares (70.88% of total)
Public Institutions: 0 shares (0% of total)
Public Non-Institutions: 10,163,252 shares (29.12% of total)
Scrutinizer Report Details
The scrutinizer report was issued on July 11, 2026, by Vidhya Sivakumar of Vidhya & Associates. The vote unblocking was witnessed by Ms. Keerthi C and Ms. Yamini V at approximately 5:05 PM on July 10, 2026.
The company published advertisements about the postal ballot in Business Standard (English) and Makkal Kural (Tamil) on June 11, 2026.
Voting System
Remote e-voting was facilitated through KFin Technologies Limited, the authorized agency engaged by the company.