The resolution put to vote was for a Special Resolution regarding the "Preferential Issue of upto 19,99,996 Equity Shares by way of Swap of Shares (for consideration other than cash) for an acquisition of 100% Stake of Ultrafresh Modular Solutions Limited (CIN: U74899MH1992PLC456913) on fully-diluted basis."

Voting Process Details

  • The Postal Ballot Notice was dated August 18, 2026.
  • The remote e-voting period commenced on Wednesday, August 19, 2026, at 9:00 A.M. (IST) and concluded on Thursday, September 17, 2026, at 5:00 P.M. (IST).
  • The cut-off date for determining member eligibility to vote was Friday, August 14, 2026.
  • The resolution is deemed to have been passed on Thursday, September 17, 2026, being the last date of the remote e-voting.
  • The company utilized the services of MUFG Intime India Private Limited (MUFG) to provide the remote e-voting facility.
  • An advertisement for the Postal Ballot was published on August 19, 2026, in the Financial Express (English) and Navarashtra (Marathi) newspapers.

Scrutinizer's Report

  • Chirag Sachapara, Proprietor of M/s. Sachapara & Associates, was appointed as the Scrutinizer by the Board of Directors in their meeting held on August 18, 2026.
  • The vote unblocking and counting were witnessed by Mr. Manoj Pawar and Mr. Harsh Sharma.
  • The Scrutinizer's Report is dated September 18, 2026, at Mumbai.

Voting Results

The resolution was passed unanimously by the shareholders who voted.

Voted in favour of the resolution:

  • Number of members voted: 78
  • Number of votes cast: 10,12,98,506
  • Percentage of valid votes cast: 100.00%

Voted against the resolution:

  • Number of members voted: 3
  • Number of votes cast: 311
  • Percentage of valid votes cast: 0.00%

Invalid votes:

  • Number of invalid votes: NIL

The detailed breakdown from the voting report shows a total of 14,79,46,162 outstanding shares. Votes polled amounted to 10,12,98,817 (68.4701% of outstanding shares), of which 10,12,98,506 votes (99.9997% of votes polled) were in favor and 311 votes (0.0003% of votes polled) were against.

Additional Information

The full Voting Results and Scrutinizer's Report are available on the Company's website at www.efclimited.in.

The letter was signed by Aman Kumar Gupta, Company Secretary of EFC (I) Limited, and digitally dated September 18, 2026.

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