Meeting Details

The voting was conducted via remote e-voting only, with no physical meeting. The remote e-voting period commenced on Friday, 08th May, 2026 at 9:00 a.m. (IST) and ended on Saturday, 06th June, 2026 at 5:00 p.m. (IST). The results are deemed passed as of the last date of voting, 06th June, 2026.

Proposed Resolutions and Implications

Two special resolutions were proposed for shareholder approval:

1. Item No. 1: Appointment of Mr. Krishnakumar Laxman Bangera (DIN: 02082675) as Non-Executive Independent Director, including approval under Regulation 17(1A) of SEBI LODR Regulations.

2. Item No. 2: Regularization of the appointment of Mrs. Dhriti Harsh Satia (DIN: 11670095) as Non-Executive Independent (Woman) Director of the Company.

The promoter/promoter group declared they were not interested in either resolution.

Voting Process and Methods

The voting was conducted exclusively through a remote e-voting system. The company appointed Cameo Corporate Services Limited as the agency for providing the remote e-voting facility. Electronic copies of the notice and explanatory statement were sent to members whose email addresses were registered with the depositories, the company, and/or the RTA (Cameo Corporate Services Limited) as of the cut-off date, 01st May, 2026.

Key Voting Outcomes

Overall Participation

  • Total outstanding shares: 93,041,742
  • Total votes cast: 62,941,156
  • Overall participation rate: 67.6483%

Resolution 1: Appointment of Mr. Krishnakumar Laxman Bangera

  • Total votes in favor: 62,938,045 (99.995% of valid votes cast)
  • Total votes against: 3,111 (0.005% of valid votes cast)
  • Result: PASSED

Category-wise Breakdown for Resolution 1:

  • Promoter and Promoter Group: 62,860,730 votes in favor (100.000%), 0 against
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 77,315 votes in favor (95.0377%), 3,111 against (4.9623%)

Resolution 2: Regularization of Mrs. Dhriti Harsh Satia

  • Total votes in favor: 62,937,165 (99.994% of valid votes cast)
  • Total votes against: 3,991 (0.006% of valid votes cast)
  • Result: PASSED

Category-wise Breakdown for Resolution 2:

  • Promoter and Promoter Group: 62,860,730 votes in favor (100.000%), 0 against
  • Public Institutions: 0 votes cast
  • Public Non-Institutions: 76,435 votes in favor (95.0377%), 3,991 against (4.9623%)

Member Participation Breakdown (Both Resolutions):

  • Promoter Members: 6 members voted
  • Non-Promoter Members: 116 members voted
  • Total Members Voted: 122 members

Scrutinizer's Role and Findings

Mr. Vipin Kumar Chhawchhriya, proprietor of M/s VC & Associates, Practicing Company Secretary (Membership Number A39361, Certificate of Practice 14655), was appointed as the scrutinizer. His report confirms:

  • The remote e-voting module was disabled at the end of the voting period on June 6, 2026, at 5:00 p.m. (IST)
  • The remote e-voting summary statement was downloaded from the CDSL E-voting platform
  • There were no invalid or abstained votes for either resolution
  • Both resolutions were passed with the requisite majority

Compliance with Laws and Regulations

The voting was conducted in compliance with:

  • Section 108 and 110 of the Companies Act, 2013
  • Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014
  • General Circulars No. 09/2023, 09/2024, and 03/2025 issued by the Ministry of Corporate Affairs
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI

Additional Information

The voting results and scrutinizer's report have been uploaded to the company's website at https://garudaconstructionengineering.com/.