Company and Scrip Details

Meeting Details

  • Type of Meeting: Postal Ballot conducted via Remote E-Voting
  • Record Date: Friday, May 01, 2026
  • Voting Period: Commenced Friday, May 08, 2026 (10:00 AM IST) till Saturday, June 06, 2026 (5:00 PM IST)
  • Last Date of Remote E-Voting: Saturday, June 06, 2026
  • Total Number of Shareholders on Record Date: 1,522

Proposed Resolutions and Implications

1. Resolution No. 1 (Ordinary Resolution): To consider and adopt increase in Authorised Share Capital of the Company to ₹26,50,00,000/- (Twenty-Six Crore Fifty Lakh) and consequent amendment to the Capital Clause of the Memorandum of Association of the Company.

2. Resolution No. 2 (Special Resolution): To consider and approve issue of fully convertible equity warrants on preferential basis to certain identified Body Corporate and other matters related thereto.

Voting Process and Methods

  • Voting was conducted through remote e-voting only.
  • The company appointed Bigshare Services Pvt Ltd as the authorized agency to provide e-voting facilities.
  • The e-voting module was disabled on June 06, 2026 at 5:00 PM and unblocked in the presence of two independent witnesses: CS Surabhi Dubey and Ms. Sayli Parab.
  • A corrigendum to the Postal Ballot notice was issued on May 18, 2026, and shareholders were given an opportunity to change their votes if they had voted before the corrigendum. No requests for change were received.

Key Voting Outcomes

Overall Participation

  • Total Number of Members Voted: 50
  • Total Votes Cast: 100% of valid votes
  • Total Number of Shares Voted: 16,187,175 (100% of shares held by voters)

Resolution No. 1 - Ordinary Resolution (Capital Increase)

  • Result: Passed Unanimously
  • Votes in Favor: 100% (16,187,175 votes)
  • Votes Against: 0
  • Invalid Votes: 0

Resolution No. 2 - Special Resolution (Equity Warrants)

  • Result: Passed Unanimously
  • Votes in Favor: 100% (16,187,175 votes)
  • Votes Against: 0
  • Invalid Votes: 0

Category-Wise Voting Breakdown

Promoter and Promoter Group
  • Shares Held: 13,765,301
  • Shares Voted: 13,765,301 (100%)
  • Votes in Favor: 13,765,301 (100%)
  • Votes Against: 0
Public - Non-Institutions
  • Shares Held: 2,421,874
  • Shares Voted: 2,421,874 (100%)
  • Votes in Favor: 2,421,874 (100%)
  • Votes Against: 0
Public - Institutions
  • Shares Held: 0
  • Shares Voted: 0
  • Votes in Favor: 0
  • Votes Against: 0

Scrutinizer's Role and Findings

  • Scrutinizer: CS Rachana Shanbhag, Partner, M/s D.A Kamat & Co. (FCS: 8227/ CP: 9297)
  • Appointment Date: Thursday, May 07, 2026 by Board resolution
  • Report Date: June 08, 2026
  • UDIN: F008227H000596311
  • The scrutinizer verified that the e-voting process was conducted fairly and transparently.
  • The scrutinizer maintained a register with necessary entries as per Companies (Management and Administration) Rules, 2014.
  • All relevant records are under the scrutinizer's custody and will be shared with the Company Secretary for safe custody.

Compliance with Regulations

  • The process complied with Section 108 and 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014.
  • The issuance of share warrants on preferential basis is exempted from being considered as a related party transaction under Regulation 2(zc) of SEBI LODR Regulations, 2015.
  • The company published newspaper advertisements in Financial Express (English) and Pratahkal (Marathi) on May 08, 2026.
  • The voting results and scrutinizer's report will be available on the company's website.