Voting Process Details

  • Postal ballot notice dated: May 21, 2026
  • Record date (cut-off date): May 22, 2026
  • Total number of shareholders on record date: 48,948
  • E-voting period: May 30, 2026 (9:00 AM IST) to June 28, 2026 (5:00 PM IST)
  • Votes unblocked on: June 29, 2026 at 11:43 AM
  • Scrutinizer: M/s. Shah Patel & Associates (Practising Company Secretaries)
  • Scrutinizer Partner: Mr. Swapneel Vinod Patel (COP 15628)
  • E-voting service provider: National Securities Depository Limited (NSDL)

Total Share Capital and Voting Participation

  • Total outstanding shares: 5,91,06,389
  • Total valid votes polled: 3,76,74,110 shares (for Resolution 1) / 3,76,74,070 shares (for Resolution 2)
  • Percentage of votes polled to outstanding shares: 63.74%
  • Invalid votes: 56,621 shares (considered invalid due to lack of proper authorization documents from corporate members)

Resolution 1: Appointment of Mr. Hitesh Gajaria (DIN: 10044310) as Non-Executive Independent Director

  • Resolution type: Special Resolution
  • Promoter interest in resolution: No
  • Total valid votes: 3,76,74,110 shares
  • Votes in favor: 3,76,73,448 shares (99.9982% of valid votes)
  • Votes against: 662 shares (0.0018% of valid votes)
  • Number of ballot entries: 165 in favor, 12 against

Resolution 2: Appointment of Mr. Navnit Singh (DIN: 00424875) as Non-Executive Independent Director

  • Resolution type: Special Resolution
  • Promoter interest in resolution: No
  • Total valid votes: 3,76,74,070 shares
  • Votes in favor: 3,76,73,398 shares (99.9982% of valid votes)
  • Votes against: 672 shares (0.0018% of valid votes)
  • Number of ballot entries: 163 in favor, 13 against

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares held: 3,92,03,076
  • Votes polled: 3,74,23,040 shares (95.4594% of shares held)
  • 100% votes in favor for both resolutions
  • No votes against

Public - Institutions

  • Shares held: 3,44,727
  • Votes polled: 1,76,486 shares (51.1959% of shares held)
  • 100% votes in favor for both resolutions
  • No votes against

Public - Non-Institutions

  • Shares held: 1,95,58,586
  • Votes polled: 74,584 shares (0.3813% of shares held)
  • For Resolution 1: 73,922 shares in favor (99.1124%), 662 shares against (0.8876%)
  • For Resolution 2: 73,872 shares in favor (99.0985%), 672 shares against (0.9015%)

Outcome

All resolutions have been passed with the requisite majority. The scrutinizer's report and all voting records will remain in the scrutinizer's custody until the Chairman approves and signs the minutes, after which they will be handed over to the Company Secretary for safekeeping.