Disclosure Context

Disclosure under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the voting results of a postal ballot for the re-appointment of independent directors.

Nature of the Event

The document discloses the results of a postal ballot conducted through a remote e-voting process. The ballot sought shareholder approval for two special resolutions concerning the re-appointment of Non-Executive Independent Directors.

Resolutions Subject to Vote

1. Special Resolution: Approval for the re-appointment of Mr. Vivek Chhachhi (DIN: 00496620) as a Non-Executive Independent Director for a second term of five consecutive years from April 01, 2026, to March 31, 2031.

2. Special Resolution: Approval for the re-appointment of Mr. Kulbir Singh (DIN: 00204829) as a Non-Executive Independent Director for a period from June 22, 2026, up to May 11, 2027.

Voting Process Details

The voting was conducted pursuant to Sections 108 and 110 of the Companies Act, 2013, and the SEBI LODR Regulations.

  • Postal Ballot Notice Date: April 28, 2026
  • Dispatch of Notice: The notice was sent in electronic form only on May 06, 2026, to members whose email addresses were registered with the registrar, M/s Skyline Financial Services Private Ltd., as of the cut-off date, May 01, 2026.
  • E-Voting Agency: National Securities Depository Limited (NSDL)
  • E-Voting Start Date & Time: May 07, 2026, at 09:00 A.M. IST
  • E-Voting End Date & Time: June 05, 2026, at 05:00 P.M. IST
  • Record Date: The total number of members as of the record date was 30,507.
  • Scrutinizer: Mrs. Pragnya Parimita Pradhan, Proprietor of M/s Pragnya Pradhan and Associates (COP: 12030, FRN: S2013DE213400), was appointed scrutinizer.
  • Result Date: The resolutions are deemed to have been passed on the last day of voting, i.e., June 05, 2026.

Voting Results

Based on the scrutinizer's report (Annexure-A), the shareholders passed both resolutions with the requisite majority. The detailed results are as follows:

Resolution 1: Re-appointment of Mr. Vivek Chhachhi

  • Total Valid Votes Polled: 11,062,125
  • Votes in Favor: 11,060,351 (99.984% of votes polled)
  • Votes Against: 1,774 (0.016% of votes polled)
  • Invalid Votes: 0
  • Result: Passed

Category-wise Breakdown for Resolution 1:

  • Promoter & Promoter Group: Voted 9,359,149 shares (100%) in favor. No votes against.
  • Public Institutions: Voted 12,034 shares (100%) in favor. No votes against.
  • Public (Non-Institutions): Voted 1,690,942 shares. 1,689,168 shares (99.8951%) in favor and 1,774 shares (0.1049%) against.

Resolution 2: Re-appointment of Mr. Kulbir Singh

  • Total Valid Votes Polled: 11,062,125
  • Votes in Favor: 11,060,351 (99.8950% of valid votes cast)
  • Votes Against: 1,774 (0.1050% of valid votes cast)
  • Invalid Votes: 0
  • Result: Passed

Voter Participation:

  • In Favor: 101 members cast 11,060,351 votes.
  • Against: 31 members cast 1,774 votes.

Scrutinizer's Report Summary

The scrutinizer confirmed that the remote e-voting process was conducted fairly. The electronic data was downloaded from NSDL's website at 5:05 P.M. on June 05, 2026, in the presence of two witnesses. All relevant e-voting records were handed over to Mr. Shekher Kapoor, Company Secretary and Compliance Officer, for safekeeping.

Disclosure and Publication

The voting results and the scrutinizer's report have been uploaded to the company's website (www.dcmnvl.com) and the website of the e-voting agency, NSDL (www.evoting.nsdl.com). A notice of the dispatch of the postal ballot was published in the Financial Express (English) and Jansatta (Hindi) newspapers on May 07, 2026.

Financial Impact

No direct financial impact is quantified in the disclosure. The event pertains to corporate governance and board composition.

#Tags: #DCMNouvelle #SEBIRegulation44 #VotingResults #CorporateGovernance #Neutral