Company Disclosure: EGM Voting Results
Scrutinizer Appointment and Process
Loveleen Gupta, Proprietor of L. Gupta & Associates, was appointed as Scrutinizer by the Board of Directors on July 20, 2026, to scrutinize the remote e-voting and e-voting process for the EGM.
Voting Process Details:
- Remote e-voting period: August 10, 2026 (9:00 AM IST) to August 12, 2026 (5:00 PM IST)
- Cut-off date for shareholder eligibility: August 6, 2026
- E-voting during EGM available for 15 minutes after meeting conclusion
- Total shareholders on record date: 23,122
- 36 public shareholders attended the meeting via video conferencing
- E-voting facility provided by Purva Sharegistry (India) Private Limited
Voting Results Summary
All 11 resolutions were passed with the requisite majority. Total votes cast across all resolutions: 21,355,150 shares representing 70.1779% of outstanding shares.
Detailed Resolution Outcomes
Resolution 1: Special Resolution
Appointment of Mr. Arun Goel (DIN: 11792383) as Non-Executive Independent Director
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 2: Ordinary Resolution
Regularization of Mr. Vikas Tandon (DIN: 08001501) as Director
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 3: Special Resolution
Appointment of Mr. Vikas Tandon (DIN: 08001501) as Whole-time Director and Approval of Remuneration
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 4: Ordinary Resolution
Regularization of Mr. Deepak Chaudhary (DIN: 08215601) as Director
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 5: Special Resolution
Appointment of Mr. Deepak Chaudhary (DIN: 08215601) as Managing Director and Approval of Remuneration
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 6: Ordinary Resolution
Appointment of Mr. Paramjit Singh (DIN: 05348473) as Non-Executive Non-Independent Director
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 7: Special Resolution
Change of Name of the Company and Consequential Alteration of Memorandum of Association and Articles of Association
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 8: Special Resolution
Approval of Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 9: Special Resolution
Approval under Section 180(1)(a) for Creation of Mortgage, Charge and/or Security on Company Assets
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Resolution 10: Special Resolution
Approval for Advancing Loans, Giving Guarantees or Providing Securities under Section 185
- Votes in favor: 21,355,010 (99.9993%)
- Votes against: 140 (0.0007%)
- Result: Passed
Resolution 11: Special Resolution
Approval under Section 186 for Granting Loans, Giving Guarantees, Providing Securities and Making Investments
- Votes in favor: 21,355,150 (100%)
- Votes against: 0
- Result: Passed
Shareholding Pattern Analysis
Promoter and Promoter Group:
- Shares held: 21,356,930
- Votes polled: 21,352,650 (99.98% of promoter holdings)
- All votes cast in favor of all resolutions
Public Institutions:
- Shares held: 7,080
- Votes polled: 0
Public Non-Institutions:
- Shares held: 9,065,990
- Votes polled: 2,500 (0.0276% of non-institution holdings)
- All votes cast in favor of all resolutions except Resolution 10 where 140 votes were against