Voting Process Details
The postal ballot was conducted through remote e-voting only for five special resolutions. The cut-off date for determining voting eligibility was September 4, 2026. There were 43,053 shareholders on record date.
Remote e-voting commenced at 9:00 AM IST on Friday, September 11, 2026 and concluded at 5:00 PM IST on Saturday, October 10, 2026. The votes were unblocked on October 10, 2026 at approximately 5:05 PM IST in the presence of two witnesses: Mr. Ashish Jha and Ms. Richa Dhuria.
KFin Technologies Limited provided the remote e-voting facility and served as Registrar and Transfer Agent for the company.
Scrutinizer Details
Name: Kamaljit Singh
Firm: K Singh & Associates
Qualification: Company Secretary
Membership Number: 11335
COP Number: 16847
Appointment Date: September 3, 2026 (Board Meeting)
Report Date: October 10, 2026
Resolution Results
Resolution No. 1: Appointment of Mr. Nitin Atroley (DIN:00748485) as Non-Executive Independent Director for five years
Result: PASSED
Total Votes Polled: 45,087,733 (51.83% of outstanding shares)
In Favor: 45,064,683 votes (99.95%)
Against: 23,050 votes (0.05%)
Invalid Votes: 0
Abstained Votes: 0
Resolution No. 2: Appointment of Mr. Rakesh Malhotra (DIN:01229765) as Non-Executive Independent Director for five years
Result: PASSED
Total Votes Polled: 45,087,733 (51.83% of outstanding shares)
In Favor: 45,064,683 votes (99.95%)
Against: 23,050 votes (0.05%)
Invalid Votes: 0
Abstained Votes: 0
Resolution No. 3: Appointment of Mr. Rudra Shriram (DIN:08617576) as Director and Managing Director for five years with remuneration terms
Result: PASSED
Total Votes Polled: 45,087,733 (51.83% of outstanding shares)
In Favor: 44,251,981 votes (98.15%)
Against: 835,752 votes (1.85%)
Invalid Votes: 0
Abstained Votes: 0
Resolution No. 4: Appointment of Mr. Anil Kumar Khaitan (DIN:00759951) as Non-Executive Independent Director for five years
Result: PASSED
Total Votes Polled: 45,087,733 (51.83% of outstanding shares)
In Favor: 45,064,683 votes (99.95%)
Against: 23,050 votes (0.05%)
Invalid Votes: 0
Abstained Votes: 0
Resolution No. 5: Acceptance of Public Deposits
Result: PASSED
Total Votes Polled: 45,087,733 (51.83% of outstanding shares)
In Favor: 44,182,693 votes (97.99%)
Against: 905,040 votes (2.01%)
Invalid Votes: 0
Abstained Votes: 0
Category-wise Voting Breakdown
Promoter and Promoter Group
Total Shares: 43,590,115
Votes Polled: 40,613,726 (93.17% of promoter holding)
All promoter votes were cast in favor of all five resolutions (100% approval for each resolution).
Public Institutions
Total Shares: 10,622,849
Votes Polled: 3,371,890 (31.74% of institution holding)
Resolution 1-2,4: 3,371,890 votes in favor (100%)
Resolution 3: 2,559,188 in favor (75.90%), 812,702 against (24.10%)
Resolution 5: 2,490,000 in favor (73.85%), 881,890 against (26.15%)
Public Non-Institutions
Total Shares: 32,779,221
Votes Polled: 1,102,117 (3.36% of non-institution holding)
Resolution 1-2,4: 1,079,067 in favor (97.91%), 23,050 against (2.09%)
Resolution 3: 1,079,067 in favor (97.91%), 23,050 against (2.09%)
Resolution 5: 1,078,967 in favor (97.90%), 23,150 against (2.10%)
Additional Information
All electronic data and relevant records of remote e-voting will remain in the scrutinizer's safe custody until the Chairman considers, approves and signs the Minutes of the Postal Ballot.