Key Event Details
The company conducted a postal ballot seeking shareholder approval for the appointment of Mrs. Reena Gupta (DIN: 11516950) as Non-Executive Non-Independent Director through an Ordinary Resolution via remote e-Voting process.
Voting Timeline and Process
The postal ballot notice was dated May 14, 2026 and sent to members on May 15, 2026. The remote e-voting commenced at 9:00 AM on Monday, May 18, 2026 and closed at 5:00 PM on Tuesday, June 16, 2026. The cut-off date for determining voting eligibility was May 8, 2026.
Voting Results
The resolution was passed by members with requisite majority on June 16, 2026. The detailed voting results show:
- Total outstanding shares: 28,791,710
- Total votes polled: 53,011 (0.35% of outstanding shares)
- Votes in favor: 52,175 (98.42% of votes polled)
- Votes against: 836 (1.58% of votes polled)
- Invalid votes: 0
Category-wise Voting Breakdown
Promoter & Promoter Group:
- Shares held: 13,477,023
- Votes polled: 0 (0%)
- The promoters/promoter group members abstained from voting as they were interested in the resolution
Public Institutions:
- Shares held: 101,748
- Votes polled: 0 (0%)
Public Non-Institutions:
- Shares held: 15,212,939
- Votes polled: 53,011 (0.35%)
- Votes in favor: 52,175 (98.42%)
- Votes against: 836 (1.58%)
Scrutinizer Details
Mr. Ritesh Sharma of M/s Ritesh Sharma & Associates (Membership Number: 20742, Qualification: CS) was appointed as scrutinizer at the Board Meeting held on May 14, 2026. He issued the scrutinizer's report on June 17, 2026.
Scrutinizer's Report Findings
The scrutinizer's report confirmed:
- 31 members voted in favor with 52,175 votes (98% of valid votes cast)
- 6 members voted against with 836 votes (2% of valid votes cast)
- 0 invalid votes
- All electronic data and relevant records of e-voting remain in the scrutinizer's custody until handed over to the Company Secretary/Authorized Director
Additional Information
The voting results and scrutinizer's report are hosted on the company's website (www.fiberwebindia.com) and on the e-voting website of MUFG Intime India Private Limited (formerly Link Intime India Private Limited).