Key Resolution Details

The postal ballot sought approval for the "Appointment of Mr. Aasif Malbari (DIN: 07345077) as the Managing Director of the Company designated as 'Managing Director & Chief Executive Officer', for a period of 5 (Five) years with effect from August 12, 2026."

Voting Process Details

  • Notice of Postal Ballot dated: August 11, 2026
  • Cut-off date for shareholders eligible to vote: Tuesday, September 1, 2026
  • Dispatch of Notice through electronic mode: Monday, September 7, 2026
  • Remote e-voting period: Commenced Tuesday, September 8, 2026 at 9:00 AM IST and ended Wednesday, October 7, 2026 at 5:00 PM IST
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Registrar and Share Transfer Agent: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Scrutinizer: Mr. Ashish Kumar Jain, Practicing Company Secretary

Voting Results

As per the Scrutinizer's Report dated October 7, 2026, the resolution was passed with requisite majority:

Overall Results

  • Total outstanding shares: 1,023,304,953
  • Total votes polled: 926,052,205 (90.4962% of outstanding shares)
  • Votes in favor: 919,772,981 (99.3219% of votes polled)
  • Votes against: 6,279,224 (0.6781% of votes polled)

Category-wise Breakdown

Promoter and Promoter Group

  • Shares held: 542,672,366
  • Votes polled: 542,672,366 (100.0000% of shares held)
  • Votes in favor: 542,672,366 (100.0000% of votes polled)
  • Votes against: 0 (0.0000% of votes polled)

Public - Institutions

  • Shares held: 324,381,032
  • Votes polled: 292,114,879 (90.0530% of shares held)
  • Votes in favor: 285,860,906 (97.8591% of votes polled)
  • Votes against: 6,253,971 (2.1409% of votes polled)

Public - Non Institutions

  • Shares held: 156,251,555
  • Votes polled: 91,264,960 (58.4090% of shares held)
  • Votes in favor: 91,239,707 (99.9723% of votes polled)
  • Votes against: 25,253 (0.0277% of votes polled)

Effective Date of Appointment

Mr. Aasif Malbari's appointment as Managing Director & Chief Executive Officer is effective from August 12, 2026, for a period of 5 years.