Meeting Details

The NCLT-Directed Meeting of Equity Shareholders was held on Friday, July 24, 2026, at 4:00 PM IST through Video Conferencing/Other Audio-Visual Means. The meeting was convened pursuant to the direction of Hon'ble NCLT, New Delhi Bench-III vide Order dated May 08, 2026.

Shareholder Participation Statistics

  • Total number of shareholders as on Record Date (July 17, 2026): 3,460
  • Shareholders present in meeting through video conferencing: 96 (Promoters: 3, Public: 93)
  • Shareholders who voted through e-voting system during meeting: 5
  • Shareholders present who had already voted through remote e-voting: 87
  • Shareholders present who abstained from voting: 4
  • Shareholders who didn't attend but voted through remote e-voting: 32
  • Total members who voted through e-voting facility: 124

Voting Results - Overall

Special Resolution: To approve the proposed Scheme of Amalgamation of Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited with Ekam Leasing and Finance Co. Limited under Sections 230 & 232 of Companies Act, 2013.

  • Total valid votes cast: 38,81,514 from 124 shareholders
  • Votes in favor: 38,81,512 (99.99% by value) from 123 shareholders
  • Votes against: 2 (0.01% by value) from 1 shareholder
  • Invalid votes: Nil

The resolution was passed with requisite majority.

Voting Results - Public Shareholders (SEBI Requirement)

  • Total public shareholders who voted: 121
  • Total valid votes from public shareholders: 22,19,788
  • Votes in favor: 22,19,786 (99.99% by value) from 120 shareholders
  • Votes against: 2 (0.01% by value) from 1 shareholder
  • The scheme received approval from public category shareholders in compliance with SEBI requirements.

Scrutinizer's Report Details

Scrutinizer: Ravi Kant Srivastava, Advocate (Enrollment No.: D/129-A/1985), appointed by NCLT vide Order dated May 8, 2026

Meeting Proceedings:

  • The meeting was chaired by Dr. Alok Srivastava, IAS (Retd.) with Mr. Dinesh Bhardwaj, ILS (Retd.) as Alternate Chairperson
  • National Securities Depository Limited (NSDL) provided remote e-voting facility and meeting platform
  • Quorum requirement: Minimum 75% in value as fixed by NCLT
  • Initial meeting at 4:00 PM lacked quorum, adjourned for half hour
  • Reconvened meeting at 4:35 PM treated as proper quorum

Voting Process:

  • Remote e-voting period: July 20, 2026 (9:00 AM IST) to July 23, 2026 (5:00 PM IST)
  • No invalid votes were found
  • Lists of shareholders who voted "FOR" and "AGAINST" were prepared and enclosed