Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Global Vectra Helicorp Limited

Meeting Details

The 28th Annual General Meeting was held on Tuesday, September 29, 2026 at 11:00 AM (IST) through Video Conferencing/Other Audio-Visual Means. The cut-off date for determining shareholders entitled to vote was Tuesday, September 22, 2026.

Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To receive, consider and adopt the Audited Statement of Profit and Loss Account for the year ended 31st March, 2026 and the Balance Sheet as at that date together with the Reports of the Directors and the Auditors thereon.

2. Ordinary Resolution: To appoint a director in place of Lt. Gen. Sarab Jot Singh Saighal (Retd.), who retires by rotation and is eligible for re-appointment.

3. Special Resolution: To re-appoint Lt. Gen. Sarab Jot Singh Saighal (Retd.) (DIN - 01518126) as Chairman of the Company for a period of One year commencing from 1st October, 2026 up to and inclusive of 30th September, 2027.

4. Special Resolution: To approve the appointment and remuneration of Mr. Michael Lewis Edwin Barber as Chief Executive Officer of the Company under the Companies Act, 2013 for a period of One year from 11th August, 2026 to 10th August 2027 or as per the Contract of Employment whichever is earlier.

5. Ordinary Resolution: To appoint Mr. Hemang Rishi (DIN: 09838892), who was appointed as an Additional Director with effect from August 11, 2026, as a Non-Executive, Non-Independent Director of the Company.

Voting Process and Methods

The voting was conducted through:

  • Remote E-voting: Open from Friday, September 25, 2026 (09:00 AM IST) to Monday, September 28, 2026 (05:00 PM IST)
  • E-voting during AGM: Conducted for 15 minutes during the meeting

MUFG Intime India Private Limited provided the e-voting platform for both remote e-voting and e-voting during the AGM.

Key Voting Outcomes

Overall Participation

  • Total shares outstanding: 14,000,000
  • Total votes polled: 10,501,833 (75.0131% participation)

Resolution-wise Results:

Resolution 1 (Ordinary - Financial Statements)

  • Votes in favor: 10,501,557 (99.9974%)
  • Votes against: 276 (0.0026%)
  • Passed with requisite majority

Resolution 2 (Ordinary - Director Re-appointment)

  • Votes in favor: 10,501,557 (99.9974%)
  • Votes against: 276 (0.0026%)
  • Passed with requisite majority

Resolution 3 (Special - Chairman Re-appointment)

  • Votes in favor: 10,501,557 (99.9974%)
  • Votes against: 276 (0.0026%)
  • Passed with requisite majority

Resolution 4 (Special - CEO Appointment)

  • Votes in favor: 10,501,657 (99.9983%)
  • Votes against: 176 (0.0017%)
  • Passed with requisite majority

Resolution 5 (Ordinary - Director Appointment)

  • Votes in favor: 10,501,557 (99.9974%)
  • Votes against: 276 (0.0026%)
  • Passed with requisite majority

Category-wise Voting Breakdown:

Promoter and Promoter Group (10,500,000 shares)

  • 100% participation across all resolutions
  • 100% votes in favor for all resolutions
  • No votes against in any resolution

Public Institutions (27 shares)

  • 100% participation across all resolutions
  • 100% votes in favor for all resolutions
  • No votes against in any resolution

Public Non-Institutions (3,499,973 shares)

  • 1,806 votes polled (0.0516% participation)
  • Variation in approval rates:
  • Resolutions 1, 2, 3, 5: 84.7176% in favor, 15.2824% against
  • Resolution 4: 90.2547% in favor, 9.7453% against

Scrutinizer's Role and Findings

Martinho Ferrao & Associates, Company Secretaries, was appointed as Scrutinizer for the e-voting process. Key findings:

  • 55 members attended the AGM through Video Conferencing
  • No shareholders voted through e-voting during the AGM (all votes came from remote e-voting)
  • 59 members participated in remote e-voting for Resolutions 1, 2, 3, and 5
  • 60 members participated in remote e-voting for Resolution 4
  • No invalid votes were recorded across all resolutions
  • The scrutinizer confirmed all resolutions were approved by requisite majority

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of the Companies Act, 2013
  • Rule 20 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA General Circular No. 20/2020 dated 5th May 2020 and subsequent circulars

Public advertisements for the AGM were published on September 6, 2026, in Financial Express (English) and Jansatta (Hindi).