GFL Limited submitted a regulatory filing to BSE Limited and National Stock Exchange of India Limited under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, declaring the voting results of a postal ballot.

The postal ballot sought shareholder approval for the re-appointment of Mr. Shashi Kishore Jain (DIN: 00443861) as a Non-Executive Independent Director for a second consecutive term of five years, effective from 30th May 2026 to 29th May 2031.

The remote e-voting period commenced on Tuesday, 7th July 2026 at 9:00 AM IST and concluded on Wednesday, 5th August 2026 at 5:00 PM IST. The resolution was passed by members with the requisite majority and deemed passed on the last date of e-voting.

Voting Results

  • Total Shareholders on Record Date (Cut-off: 3rd July 2026): 29,562
  • Total Number of Resolutions: 1
  • Total Outstanding Shares: 109,850,000
  • Total Votes Polled: 76,351,385 shares (69.5051% of outstanding shares)
  • Votes in Favor: 76,349,682 shares (99.9978% of votes polled)
  • Votes Against: 1,703 shares (0.0022% of votes polled)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares Held: 75,492,611
  • Votes Polled: 75,492,611 (100% of category shares)
  • Votes in Favor: 100% (75,492,611 shares)
  • Votes Against: 0% (0 shares)

Public Institutions:

  • Shares Held: 230,820
  • Votes Polled: 0 (0% of category shares)

Public Non-Institutions:

  • Shares Held: 34,126,569
  • Votes Polled: 858,774 (2.5164% of category shares)
  • Votes in Favor: 857,071 shares (99.8017% of votes polled in this category)
  • Votes Against: 1,703 shares (0.1983% of votes polled in this category)

Scrutinizer Report

Dhrumil M. Shah & Co. LLP, Practising Company Secretaries, was appointed as the Scrutinizer for the postal ballot process. The scrutinizer's report dated 5th August 2026 confirmed:

  • 101 members cast valid votes totaling 76,349,682 shares in favor of the resolution
  • No invalid votes were cast
  • The e-voting process was conducted through Central Depository Services (India) Limited (CDSL)
  • Votes were unblocked on 5th August 2026 at 5:24 PM in the presence of two witnesses

Resolution Details

The special resolution covered:

1. Re-appointment of Mr. Shashi Kishore Jain as Non-Executive Independent Director for five years

2. Approval for continuation of directorship despite attaining age 75 years (as required by Regulation 17(1A) of SEBI Listing Regulations)

3. Authorization for Mr. Jain to receive remuneration as permitted for Non-Executive Independent Directors

4. Authorization for company officials to execute necessary documents and filings

The voting results and scrutinizer's report are available on the company's website at www.gfllimited.co.in.