Key Events and Dates

  • Postal ballot notice dated May 23, 2026 was issued for seeking member approval
  • Remote e-voting period: May 27, 2026 (9:00 AM) to June 25, 2026 (5:00 PM)
  • Record date for voting eligibility: May 22, 2026
  • Scrutinizer's report submitted: June 26, 2026
  • Board meeting appointing scrutinizer: April 1, 2026

Voting Results Summary

Both special resolutions were approved by shareholders:

Resolution 1: Appointment of Mr. Rajesh Kumar Yadav (DIN: 11120618) as Non-Executive Independent Director

  • Total valid votes polled: 22,651,066 votes (39.7483% of outstanding shares)
  • Votes in favor: 22,651,040 votes (99.9999% of votes polled)
  • Votes against: 26 votes (0.0001% of votes polled)
  • Resolution passed: Yes

Resolution 2: Appointment of Mrs. Shital Laxmikant Lokhande (DIN: 11163063) as Executive Whole Time Director

  • Total valid votes polled: 22,651,066 votes (39.7483% of outstanding shares)
  • Votes in favor: 22,651,034 votes (99.9999% of votes polled)
  • Votes against: 32 votes (0.0001% of votes polled)
  • Resolution passed: Yes

Shareholding and Voting Breakdown

Total shareholders on record date: 10,936

Promoter and Promoter Group (22,966,800 shares)

  • Resolution 1: 22,646,800 votes polled (98.6067% of shares), 100% in favor
  • Resolution 2: 22,646,800 votes polled (98.6067% of shares), 100% in favor

Public Institutions (47,414 shares)

  • Resolution 1: 0 votes polled
  • Resolution 2: 0 votes polled

Public Non-Institutions (33,972,005 shares)

  • Resolution 1: 4,266 votes polled (0.0126% of shares), 99.3905% in favor, 0.6095% against
  • Resolution 2: 4,266 votes polled (0.0126% of shares), 99.2499% in favor, 0.7501% against

Scrutinizer Details

  • Name: Yatin Sangani
  • Firm: Yatin Sangani and Associates, Company Secretaries
  • Qualification: Company Secretary
  • Membership Number: A33246
  • Appointment date: April 1, 2026
  • Report issuance date: June 26, 2026

Voting Process

  • E-voting facility provided through NSDL (National Securities Depository Limited)
  • Advertisement published in Financial Express (English) and Pratahkal (Marathi) on May 29, 2026
  • Notice sent only in electronic form to members with registered email addresses
  • No hard copies of postal ballot forms were sent
  • Votes were unblocked in presence of two independent witnesses: Mr. Nirav Shah and Mr. Roshan Srivastav

Scrutinizer's Report Findings

Item 1: Mr. Rajesh Kumar Yadav Appointment

  • 5 members voted through e-voting
  • 26 votes cast (0.00% of total valid votes)
  • 0 invalid votes

Item 2: Mrs. Shital Laxmikant Lokhande Appointment

  • 40 members voted through e-voting
  • 22,651,034 votes in favor (99.99% of total valid votes)
  • 32 votes against (0.00% of total valid votes)
  • 0 invalid votes