Key Resolution Details
The postal ballot sought shareholder approval for one resolution:
- Item 1: Appointment of Shri Sushil Kumar Luthra (DIN: 08483203) as an Independent Director of the Company
- Resolution Type: Special Resolution
- Promoter/Promoter Group Interest: No
Voting Process Details
- Voting Method: Remote e-voting through National Securities Depository Limited (NSDL)
- Voting Period: From 9:00 AM (IST) on Tuesday, July 28, 2026 to 5:00 PM (IST) on Wednesday, August 26, 2026
- Cut-off Date for Voting Eligibility: Friday, July 24, 2026
- Total Shareholders on Record Date: 19,199
- Notice Dispatch: Completed on July 25, 2026 via email to members with registered email addresses
- Public Notice: Published on July 27, 2026 in 'Financial Express' (English) and 'Aaj' (Hindi) newspapers
Voting Results
The special resolution was passed with requisite majority:
- Total Members who voted electronically: 107
- Total Votes Cast: 61,84,982 shares
- Votes in Favor: 61,84,623 shares (100% of votes cast, 52.34% of total paid-up equity share capital)
- Votes Against: 359 shares (negligible percentage)
- Result: Passed as required for special resolution (votes in favor more than three times votes against)
Category-wise Voting Breakdown
Promoter and Promoter Group:
- Shares Held: 61,15,695
- Votes Polled: 55,66,170 (91.01% of shares held)
- Votes in Favor: 55,66,170 (100% of votes polled)
- Votes Against: 0
Public - Non-Institutional:
- Shares Held: 56,99,838
- Votes Polled: 6,18,812 (10.86% of shares held)
- Votes in Favor: 6,18,453 (99.94% of votes polled)
- Votes Against: 359 (0.06% of votes polled)
Public - Institutions:
- Shares Held: 0
- Votes Polled: 0
Scrutinizer Details
- Name: S.K. Gupta, Practicing Company Secretary (FCS-2589, CP-1920)
- Firm: S.K. Gupta & Co., Company Secretaries
- Scrutinizer Report Date: August 27, 2026
- Vote Unblocking Witnesses: Ms. Divya Saxena and Ms. Anshula Choudhary (not employed by the company)
Effective Date
The resolution is deemed to have been approved on Wednesday, August 26, 2026 (last date of remote e-voting).
Document Availability
The voting results and scrutinizer's report are available on the company's website at https://frontiersprings.co.in/wp/ and have been submitted to BSE Limited.