Gujarat Themis Biosyn Shareholders Approve Borrowing Limits

Description: To approve increase in borrowing limits under section 180(1)(c) and creation of mortgage or charge on assets, properties or undertakings under section 180(1)(a) of Companies Act, 2013
Resolution Type: Special Resolution
Promoter Interest: No
Total Votes Polled: 79,353,828 shares (72.8249% of outstanding shares)
Votes in Favor: 78,075,799 shares (98.3895% of votes polled)
Votes Against: 1,278,029 shares (1.6105% of votes polled)
Result: Passed

Category-wise Breakdown for Resolution 1:

Promoter and Promoter Group: 77,218,083 shares held, 76,557,741 votes polled (99.1448% participation), 100% in favor
Public Institutions: 3,214,038 shares held, 1,277,969 votes polled (39.7621% participation), 679 in favor (0.0531%), 1,277,290 against (99.9469%)
Public Non-Institutions: 28,533,144 shares held, 1,518,118 votes polled (5.3205% participation), 1,517,379 in favor (99.9513%), 739 against (0.0487%)

Description: To approve limits to give loans/guarantees/investments or provide security in connection with loans made to any persons or body corporate and acquire securities of other body corporate in excess of limits prescribed in Section 186 of Companies Act, 2013
Resolution Type: Special Resolution
Promoter Interest: Yes
Total Votes Polled: 79,358,328 shares (72.8290% of outstanding shares)
Votes in Favor: 78,074,514 shares (98.3823% of votes polled)
Votes Against: 1,283,814 shares (1.6177% of votes polled)
Result: Passed

Category-wise Breakdown for Resolution 2:

Promoter and Promoter Group: 77,218,083 shares held, 76,557,741 votes polled (99.1448% participation), 100% in favor
Public Institutions: 3,214,038 shares held, 1,277,969 votes polled (39.7621% participation), 679 in favor (0.0531%), 1,277,290 against (99.9469%)
Public Non-Institutions: 28,533,144 shares held, 1,522,618 votes polled (5.3363% participation), 1,516,094 in favor (99.5715%), 6,524 against (0.4285%)

Scrutinizer: CS Ketan Ravindra Shirwadkar, Proprietor of KRS AND CO., Practicing Company Secretaries

Voting Process:

Remote e-voting conducted through Central Depository Services (India) Limited (CDSL) at https://www.evotingindia.com
Cut-off date for shareholder eligibility: 1st May, 2026
E-voting period: 6th May, 2026 at 9:00 AM IST to 4th June, 2026 at 5:00 PM IST
Votes unblocked on 4th June, 2026 at 5:06 PM IST in presence of two witnesses
Postal ballot notices sent electronically on 5th May, 2026
Advertisements published in Western Times (English and Gujarati editions) on 6th May, 2026

Member Participation Statistics:

Resolution 1: 103 members voted in favor, 10 members voted against, 0 invalid votes
Resolution 2: 102 members voted in favor, number of members against not specified, 0 invalid votes

The voting results and scrutinizer's report are available on company website at www.gtbl.in
The scrutinizer's report was counter-signed by Vineet Gawankar, Company Secretary & Compliance Officer
Witnesses to vote unblocking: Mrs. Ankita Gawade and Mrs. Shrutika Lolayekar