Voting Process Details

The Company provided remote e-voting facility to all members for voting on resolutions proposed in the Postal Ballot Notice dated July 29, 2026. The remote e-voting commenced at 9:00 AM (IST) on Friday, July 31, 2026, and concluded at 5:00 PM (IST) on Saturday, August 29, 2026. The cut-off date for determining eligibility to vote was Friday, July 24, 2026. An advertisement regarding the Postal Ballot was published on July 31, 2026, in English in "Financial Express" newspaper and in Marathi in "Navarashtra."

Scrutinizer Appointment

Chirag Sachapara, Proprietor of M/s. Sachapara & Associates, Practicing Company Secretary, was appointed as Scrutinizer by the Board of Directors in their meeting held on July 29, 2026. The scrutinization was witnessed by Mr. Manoj Pawar and Mr. Harsh Sharma.

Resolution Results

1. Special Resolution: To fix remuneration of Mr. Abhishek Narbaria (DIN: 01873087), Non-Executive Director

  • Voted in favor: 8 members casting 47,65,797 votes (100% of valid votes)
  • Voted against: 0 votes
  • Invalid votes: NIL
  • Result: Passed

2. Special Resolution: To approve the alteration of the Object Clause of the Memorandum of Association

  • Voted in favor: 9 members casting 10,68,29,905 votes (100% of valid votes)
  • Voted against: 8 members casting 1,564 votes (0.00% of valid votes)
  • Invalid votes: NIL
  • Category-wise breakdown:
  • Promoter and Promoter Group: 82,967,825 shares voted, 82,835,855 votes in favor (100%)
  • Public Institutions: 15,310,914 shares voted, 11,440,760 votes in favor (100%)
  • Public Non-Institutions: 49,667,423 shares voted, 12,553,200 votes in favor (99.99%), 1,564 votes against (0.01%)
  • Total votes cast: 106,831,469 votes (72.20% of outstanding shares)
  • Result: Passed

3. Ordinary Resolution: To approve Material Related Party Transactions

  • Voted in favor: 91 members casting 2,34,94,738 votes (99.99% of valid votes)
  • Voted against: 7 members casting 1,233 votes (0.01% of valid votes)
  • Invalid votes: 5 members casting 8,32,60,885 votes
  • Category-wise breakdown:
  • Promoter and Promoter Group: 0 votes cast (0% participation)
  • Public Institutions: 15,310,914 shares voted, 11,440,760 votes in favor (100%)
  • Public Non-Institutions: 49,667,423 shares voted, 12,053,978 votes in favor (99.99%), 1,233 votes against (0.01%)
  • Total votes cast: 23,495,971 votes (15.88% of outstanding shares)
  • Promoter interest: Yes (promoter/promoter group interested in agenda resolution)
  • Result: Passed

Additional Information

The scrutinizer's report and e-voting results are available on the Company's website at www.efclimited.in. The voting results and scrutinizer's report are being filed pursuant to Regulation 44 of SEBI (LODR) Regulations, 2015.