Meeting Details

  • Meeting Type: Postal Ballot (no physical meeting)
  • Voting Conclusion Date: 2nd June, 2026
  • Location: Conducted remotely via postal ballot method

Proposed Resolutions and Implications

The shareholders approved two significant resolutions:

1. Stock Split: Sub-division of equity shares from face value of ₹10 per share to ₹1 per equity share. This action increases the number of shares outstanding while reducing the price per share, potentially improving liquidity and retail investor accessibility.

2. Capital Structure Changes: Increase in the authorized share capital of the Company and consequent alteration of the Capital Clause of the Memorandum of Association. This enables the company to issue additional shares in the future without requiring further amendments to its constitutional documents.

Voting Process and Methods

The voting was conducted exclusively through Postal Ballot method, as permitted under the Companies Act and SEBI regulations for such matters. The company utilized the postal ballot mechanism to enable remote participation by shareholders.

Key Voting Outcomes

The document states that both resolutions were approved "by the requisite majority" through the postal ballot process. However, specific voting results including:

  • Total votes cast
  • Percentage in favor and against
  • Participation breakdown by shareholder category (Promoters, Public, Institutions)

are not provided in this initial intimation. The company explicitly states that "the voting results of the Postal Ballot, along with the Scrutinizer's Report, will be intimated separately within the prescribed timelines."

Scrutinizer's Role and Findings

The document acknowledges the appointment of a scrutinizer for the postal ballot process but does not provide the scrutinizer's name or findings. The complete scrutinizer's report will be disclosed separately as required by regulations.

Compliance Confirmation

The disclosure confirms compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot process was conducted in accordance with the applicable provisions of the Companies Act, 2013 and SEBI regulations.

Signatories and Roles

  • Anil Kumar: Company Secretary & Compliance Officer
  • The document is digitally signed by Anil Kumar on behalf of Deepak Builders & Engineers India Limited
  • Timestamp: 16:22:33 +05:30 (indicating IST timezone)

Additional Information

  • Company CIN: L45309DL2017PLC323467
  • Stock Exchange Details:
  • NSE Trading Symbol: DBEIL
  • BSE Script Code: 544276
  • The document is addressed to both National Stock Exchange of India Limited and BSE Limited
  • Reference number and specific date fields in the header appear to be placeholder fields (shown as "........................")