Cosyn Limited has disclosed the results of a postal ballot conducted to seek shareholder approval for the appointment of a new director. The resolution proposed was for the appointment of Ms. Madhuri Muddana (DIN: 01761420) as a Non-Executive Independent Director of the company for a term of three years, effective from May 26, 2026.

The disclosure is made pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has enclosed the results of the postal ballot along with the Scrutinizer's report on e-voting. These results will also be disclosed on the company's website at www.cosyn.in.

Voting Process and Mechanics

The record date (cut-off date) for determining shareholder eligibility to vote was set as July 17, 2026. On this date, the total number of shareholders on record was 4,801. The company appointed Central Depository Services (India) Limited (CDSL) as the service provider to facilitate the remote e-voting process. The voting period commenced on July 24, 2026, at 9:00 AM and concluded on August 22, 2026, at 5:00 PM.

Arun Marepally, a Company Secretary in Practice and Partner at M/s. A.S. Ramkumar & Associates, was appointed as the Scrutinizer to ensure a fair and transparent voting process. The e-voting results were unblocked from the CDSL website (www.evotingindia.com) and the result file was opened in the presence of two witnesses not employed by the company. No physical ballot forms were received.

Voting Results Breakdown

The total number of outstanding shares of the company was 75,00,000.

Promoter & Promoter Group Voting:

  • Total shares held: 40,41,989
  • Votes polled: 29,00,999 shares (71.77% of their holding)
  • Votes in favor: 29,00,999 shares (100% of votes polled by this group)
  • Votes against: 0 shares

Public Institutions Voting:

  • Total shares held: 0 (as per the table provided)
  • Votes polled: 0

Public Non-Institutions Voting:

  • Total shares held: 34,59,011
  • Votes polled: 1,65,916 shares (4.8% of their holding)
  • Votes in favor: 77,915 shares (46.96% of votes polled by this group)
  • Votes against: 88,001 shares (53.04% of votes polled by this group)

Consolidated Results:

  • Total valid votes polled: 30,66,905 shares (41.93% of total outstanding shares)
  • Total votes in favor: 29,78,904 shares (97.13% of valid votes polled)
  • Total votes against: 88,001 shares (2.87% of valid votes polled)
  • The resolution was passed with the requisite majority.

The Scrutinizer's report (Form MGT-13) confirmed that 100 members voted in favor of the resolution, casting 29,78,904 votes, and 2 members voted against, casting 88,001 votes. There were no invalid or abstained votes.

Conclusion

The resolution to appoint Ms. Madhuri Muddana as a Non-Executive Independent Director was successfully passed via a special resolution through a postal ballot process. The managing director, Ravi Vishnu (DIN: 01144902), signed and submitted the disclosure to the Bombay Stock Exchange.