Meeting Details

  • Type of Meeting: Postal Ballot
  • Record Date: October 01, 2026
  • Voting Period: October 07, 2026 (9:00 AM IST) to November 05, 2026 (5:00 PM IST)
  • Total Shareholders on Record Date: 128,636

Proposed Resolution

The single resolution proposed was an Ordinary Resolution: "To appoint Mr. Xingli Wang, DIN: 11899926, as a Non-Executive & Non-Independent Director of the Company." The promoters/promoter group were not interested in this resolution.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facilitated by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar & Transfer Agent. Physical copies of postal ballot materials were not sent due to exemptions provided by MCA circulars. The e-voting event number was 260921.

Key Voting Outcomes

Overall Results

  • Total Outstanding Shares: 165,010,854
  • Total Votes Cast: 141,176,165
  • Percentage of Votes Polled: 85.5557%
  • Votes in Favor: 137,038,770 (97.0693% of votes polled)
  • Votes Against: 4,137,395 (2.9307% of votes polled)
  • Resolution Outcome: Passed

Category-wise Breakdown

Promoter and Promoter Group

  • Shares Held: 75,496,934
  • Votes Polled: 75,496,894 (99.9999% of shares held)
  • Votes in Favor: 75,496,894 (100% of votes polled)
  • Votes Against: 0 (0% of votes polled)

Public Institutions

  • Shares Held: 71,863,326
  • Votes Polled: 65,539,537 (91.2003% of shares held)
  • Votes in Favor: 61,402,485 (93.6877% of votes polled)
  • Votes Against: 4,137,052 (6.3123% of votes polled)

Public Non-Institutions

  • Shares Held: 17,650,594
  • Votes Polled: 139,734 (0.7917% of shares held)
  • Votes in Favor: 139,391 (99.7545% of votes polled)
  • Votes Against: 343 (0.2455% of votes polled)

Scrutinizer's Role and Findings

Mr. D Soumya, Company Secretary (FCS No.: 11754) of RVR & Associates, was appointed as Scrutinizer by the Board of Directors on October 01, 2026. His responsibilities included ensuring the remote e-voting process was conducted fairly and transparently pursuant to Section 108 and 110 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and SEBI LODR Regulations.

The scrutinizer confirmed that:

  • Votes were unblocked on November 05, 2026 after 5:00 PM in the presence of two independent witnesses
  • The electronic voting data is under his safe custody until the Chairman approves the minutes
  • No invalid votes were recorded across any shareholder category
  • The resolution was passed with requisite majority

Compliance with Regulations

The process complied with multiple regulatory frameworks including:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant Rules
  • MCA General Circulars Nos. 14/2020, 17/2020, 22/2020, 33/2020, 39/2020, 02/2021, 10/2021, 20/2021, 3/2022, 11/2022, 09/2023, 09/2024, and 03/2025
  • Secretarial Standard on General Meetings (SS-2)

Additional Information

  • Newspaper advertisement was issued on September 29, 2026 to facilitate members without registered email addresses
  • The company's registered office is at Survey No. 143-148, 150 & 151, Near Gandimaisamma 'X' Roads, D.P. Pally, Dundigal, Dundigal-Gandimaisamma Mandal, Medchal-Malkajgiri District, Hyderabad 500043, Telangana, India