Elnet Technologies Ltd has disclosed the outcome of a postal ballot conducted through remote e-voting. The process was initiated through a notice dated May 14, 2026, and detailed in a previous intimation letter dated July 3, 2026.

The remote e-voting period commenced on Sunday, July 5, 2026, at 09:00 AM IST and concluded on Monday, August 3, 2026. The cut-off date for determining shareholder eligibility to vote was Friday, June 26, 2026.

The Board of Directors appointed M/s. BP & Associates, Practicing Company Secretaries, Chennai (Entity ID: 83104) as the Scrutinizer for the process. The lead scrutinizer was Prabhakar Chandrasekaran, Partner (CP No: 11033, M No: F11722).

Resolution Details

The single resolution put to vote was a Special Resolution for the appointment of Mr. Navneet Ganapathi (DIN: 03179054) as a Non-Executive Independent Director of the company for a period of 5 years with effect from May 14, 2026.

Voting Results

Based on the scrutinizer's report dated August 4, 2026, the resolution was passed with requisite majority. The approval is deemed to have been received on the last date of remote e-voting, August 3, 2026.

The detailed voting results are as follows:

Overall Voting:

  • Total votes polled: 21,32,041 shares
  • Votes in favor: 21,30,045 shares (99.91%)
  • Votes against: 1,996 shares (0.09%)
  • Invalid votes: 0 shares

Breakdown by Shareholder Category:

Promoter and Promoter Group:

  • Shares held: 21,13,861
  • Votes polled: 21,13,861 shares (100% of shares held)
  • Votes in favor: 21,13,861 shares (100%)
  • Votes against: 0 shares (0%)

Public - Non-Institutions:

  • Shares held: 18,86,146
  • Votes polled: 18,180 shares (0.96% of shares held)
  • Votes in favor: 16,184 shares (89.02% of votes polled)
  • Votes against: 1,996 shares (10.98% of votes polled)

Public Institutions:

  • No votes were polled from this category

Total Outstanding Shares: 40,00,007 shares

Total Votes Polled: 21,32,041 shares (53.30% of outstanding shares)

The resolution was passed with 99.91% of the votes cast in favor, significantly exceeding the required majority for a special resolution.

Additional Information

The company confirmed that no hard copies of the postal ballot notice were sent to members, in accordance with MCA Circular requirements. Only electronic notices were dispatched to members whose email IDs were available.

The detailed voting results and scrutinizer's report are available on the company's website (www.elnettechnologies.com) and on the CDSL website (www.evotingindia.com).

The disclosure is signed by Swati S. Bajaj, Company Secretary & Compliance Officer, and Suresh Nandalal Bajaj Swati Bajaj, representing the company.