Key Quantitative Figures

Resolution 1 - Granting of Loan to Elventive France SAS:

  • Total shares voted: 17,929,876 (100% of outstanding shares)
  • Votes in favor: 17,927,822 (99.9885% of votes polled)
  • Votes against: 2,054 (0.0115% of votes polled)
  • Number of members voted: 95

Resolution 2 - Preferential Issue of Equity Shares:

  • Total shares voted: 17,966,927 (100% of outstanding shares)
  • Votes in favor: 17,961,929 (99.9722% of votes polled)
  • Votes against: 4,998 (0.0278% of votes polled)
  • Number of members voted: 113

Shareholding Pattern:

  • Promoter and Promoter Group: 15,097,712 shares
  • Public Institutions: 2,157,422 shares
  • Public Non-Institutions: 711,793 shares
  • Total Outstanding Shares: 17,966,927 shares

Dates of Action

  • Cut-off date for voting eligibility: May 8, 2026
  • Postal ballot notice date: May 16, 2026
  • Remote e-voting period: May 17, 2026 (9:00 AM IST) to June 15, 2026 (5:00 PM IST)
  • Votes unblocked: June 15, 2026 at 5:14 PM IST
  • Scrutinizer report date: June 16, 2026

Parties Involved

  • Subsidiary: Elventive France SAS
  • Scrutinizer: M/s GMJ & Associates, Practicing Company Secretaries, Mumbai (represented by CS Mahesh Soni, Partner)
  • Voting Platform Provider: National Securities Depository Limited (NSDL)
  • Witnesses during vote unblocking: Mr. Nishit Parikh and Mr. Omkar Talekar
  • Company Secretary: Suhas Gopal Pawar (Membership No: A36560)

Voting Process Details

  • Remote e-voting facility was provided to shareholders through NSDL's platform
  • The company appointed M/s GMJ & Associates as scrutinizer on May 16, 2026
  • Notice was dispatched via email to members who had registered their email IDs
  • The scrutinizer confirmed the process was conducted in a fair and transparent manner
  • Both special resolutions were passed with requisite majority

Result Declaration

Both special resolutions were approved by shareholders:

1. Granting of loan to Elventive France SAS, subsidiary company - PASSED

2. Issue of equity shares on preferential basis to identified person - PASSED

The detailed voting results and scrutinizer's report are available on the company's website at https://hirect.com/intimation/.