Danlaw Technologies India Limited disclosed the results of a postal ballot conducted through remote e-voting for shareholder approval of a special resolution. The resolution sought the re-appointment of Mr. Raju S Dandu (DIN:00073484) as a Whole-time Director and Executive Chairman of the Company.
The remote e-voting period commenced at 9:00 AM on Sunday, April 26, 2026, and concluded at 5:00 PM on Monday, May 25, 2026 (IST). The postal ballot notice was mailed to 8,105 members who had registered their email IDs with depositories/the company. Shareholders holding shares either in physical or dematerialized form as of the record date, Friday, April 17, 2026, were entitled to vote.
Mr. B V Saravana Kumar, Practicing Company Secretary (ACS: 26944, CP No. 11727), was appointed as the Scrutinizer to oversee the e-voting process in a fair and transparent manner pursuant to Section 110 of the Companies Act, 2013 and relevant rules.
Voting Results
Based on the Scrutinizer's report dated May 25, 2026, the special resolution was passed with requisite majority and is deemed to have been passed on Monday, May 25, 2026.
Item No. 1 - Re-Appointment of Mr. Raju S Dandu as Whole-time Director and Executive Chairman:
- Total votes polled: 2,833,983
- Votes cast in favor: 2,833,977 (99.9998% of votes polled)
- Votes cast against: 6 (0.0002% of votes polled)
- Votes abstained: 0 (0.00000%)
- Number of members who voted: 90
The resolution required a special majority. The promoters/promoter group were interested in this resolution.
Category-wise Voting Breakdown:
- Promoter and Promoter Group: 2,730,069 votes (96.35% of total outstanding shares)
- Votes in favor: 2,730,069 (100% of their votes polled, 99.9942% of total votes polled)
- Votes against: 0
- Public: 103,914 votes (3.65% of total outstanding shares)
- Votes in favor: 103,908 (99.9942% of their votes polled, 3.6658% of total votes polled)
- Votes against: 6 (0.0058% of their votes polled, 0.0002% of total votes polled)