Voting Results Summary

Shareholders approved all three special resolutions proposed in the postal ballot notice dated 22nd July 2026 through remote e-voting process with requisite majority.

Detailed Voting Results

Resolution 1: Raising funds by issue of Equity Shares through Qualified Institutions Placement

  • Total Votes Polled: 77,865,914 votes (71.4594% of outstanding shares)
  • Votes in Favor: 77,845,234 votes (99.9734% of votes polled)
  • Votes Against: 20,680 votes (0.0266% of votes polled)
  • Invalid Votes: NIL

Category-wise Breakdown:

  • Promoter and Promoter Group: 74,014,847 votes polled (95.8517% of shares held), 100% in favor
  • Public Institutions: 1,283,036 votes polled (40.0379% of shares held), 98.5480% in favor, 1.4520% against
  • Public Non-Institutions: 2,568,031 votes polled (8.9972% of shares held), 99.9202% in favor, 0.0798% against

Resolution 3: Private placement of NCDs and/or Debt securities

  • Total Votes Polled: 77,865,914 votes (71.4594% of outstanding shares)
  • Votes in Favor: 77,844,780 votes (99.9729% of votes polled)
  • Votes Against: 21,134 votes (0.0271% of votes polled)
  • Invalid Votes: NIL

Category-wise Breakdown:

  • Promoter and Promoter Group: 74,014,847 votes polled (95.8517% of shares held), 100% in favor
  • Public Institutions: 1,283,036 votes polled (40.0379% of shares held), 98.5480% in favor, 1.4520% against
  • Public Non-Institutions: 2,568,031 votes polled (8.9972% of shares held), 99.9025% in favor, 0.0975% against

Scrutinizer's Report Details

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) platform
  • Voting period: Commenced Friday, 24th July 2026 at 9:00 AM IST and concluded Saturday, 22nd August 2026 at 5:00 PM IST
  • Cut-off date for shareholder eligibility: Friday, 10th July 2026
  • Postal ballot notices sent electronically on Thursday, 23rd July 2026 to members with registered email addresses
  • Advertisements published in Western Times (English and Gujarati editions) on Friday, 24th July 2026
  • Votes unblocked and results generated on Saturday, 22nd August 2026 at 5:22 PM IST in presence of two witnesses

Member Participation:

  • Resolution 1: 149 members voted in favor, 3 members voted against
  • Resolution 3: 149 members voted in favor

Additional Information

The voting results and scrutinizer's report are available on the company's website at www.gtbl.in. The relevant records relating to the remote e-voting will be preserved by the company secretary after chairman's approval of minutes.