Fabtech Appoints Two Independent Directors via Postal Ballot

Meeting Details

Type of Meeting: Postal Ballot
Postal Ballot Notice Date: May 25, 2026
Voting Period: Monday, June 01, 2026 at 9:00 a.m. (IST) to Tuesday, June 30, 2026 at 5:00 p.m. (IST)
Record Date: May 22, 2026
Deemed Approval Date: Tuesday, June 30, 2026

Proposed Resolutions and Implications

The company sought consent for two special resolutions:

1. Appointment of Ms. Rupal Dhiren Haria (DIN: 10624643) as a Non-Executive Independent Director

2. Appointment of Ms. Bharti Khanna (DIN: 05147844) as a Non-Executive Independent Director

Both appointments were confirmed through shareholder approval with requisite majority.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facilitated by National Securities Depository Limited (NSDL). No physical polling or postal ballot (other than e-voting) was conducted. The e-voting module was disabled on June 30, 2026 at 5:00 P.M. and unblocked in the presence of two independent witnesses: CS Surabhi Dubey and Ms. Sayli Parab.

Key Voting Outcomes

Resolution 1: Appointment of Ms. Rupal Dhiren Haria

Total Votes Cast: 30,672,027 shares (69.00220275% of outstanding shares)
Votes in Favor: 30,671,356 shares (99.99781234%)
Votes Against: 671 shares (0.002187661%)

Category-wise Breakdown:

Promoter and Promoter Group: 30,644,812 votes cast (99.99992821% of their holding) - 100% in favor
Public Institutions: 5,495 votes cast (0.490550979% of their holding) - 100% in favor
Public Non-Institutions: 21,720 votes cast (0.171215181% of their holding) - 96.9106814% in favor, 3.0893186% against

Resolution 2: Appointment of Ms. Bharti Khanna

Total Votes Cast: 30,671,952 shares (69.00203402% of outstanding shares)
Votes in Favor: 30,671,134 shares (99.99733307%)
Votes Against: 818 shares (0.002666932%)

Category-wise Breakdown:

Promoter and Promoter Group: 30,644,812 votes cast (99.99992821% of their holding) - 100% in favor
Public Institutions: 5,495 votes cast (0.490550979% of their holding) - 100% in favor
Public Non-Institutions: 21,645 votes cast (0.170623968% of their holding) - 96.22083622% in favor, 3.779163779% against

Participation Summary

Total Shareholders on Record Date: 29,520
Total Members Voted: 130 for Resolution 1, 129 for Resolution 2
Total Outstanding Shares: 44,450,794

Scrutinizer's Role and Findings

CS Rachana Shanbhag, Partner of M/s. D.A Kamat & Co., Company Secretaries (FCS: 8227/ CP: 9297), was appointed as Scrutinizer by the Board resolution dated May 25, 2026. Her responsibilities included:

Scrutinizing the remote e-voting process for fairness and transparency
Maintaining a register of votes cast
Preparing the Scrutinizer's Report based on data downloaded from NSDL's e-voting system
Confirming that both resolutions passed with requisite majority

The Scrutinizer's report confirmed that the voting process complied with Section 108 and 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014.

Compliance Confirmation

The company confirmed compliance with:

SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Companies Act, 2013 and relevant rules
MCA Circulars regarding electronic communication with shareholders

Additional Information

Newspaper advertisements were published in Financial Express (English) and Loksatta (Marathi) on May 30, 2026
The Postal Ballot Notice was dispatched electronically by NSDL on May 29, 2026 to members registered email addresses
Voting results and Scrutinizer's Report are available on the company's website (www.fabtechnologies.com) and NSDL's website (https://www.evoting.nsdl.com/)
The register containing voting details is under the Scrutinizer's custody and will be transferred to Ms. Neetu Tibrewal, Company Secretary and Compliance officer