Key Resolution and Outcome
The single resolution put to vote was a special resolution to approve the appointment of Mr. Partha Satpathy (DIN: 11589079) as a Non-Executive Independent Director of the Company. Based on the Scrutinizer's Report dated 12th November 2026, the resolution was declared as passed with the requisite majority on 12th November 2026.
Details of the Appointment
Mr. Partha Satpathy was initially appointed as an Additional Director in the capacity of Non-Executive Independent Director with effect from 8th September 2026. The resolution confirms his appointment for a term of three consecutive years, effective from 8th September 2026. He is not liable to retire by rotation. Mr. Satpathy has submitted a declaration that he meets the criteria for independence as provided under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI LODR Regulations. The company also received a notice in writing in terms of Section 160(1) of the Companies Act, 2013 regarding his appointment.
Postal Ballot Process Details
The postal ballot notice was dated 6th October 2026 and dispatched to members on 13th October 2026. An advertisement was published in newspapers on 14th October 2026. The remote e-voting period commenced on Wednesday, 14th October 2026 at 9:00 A.M. IST and ended on Thursday, 12th November 2026 at 5:00 P.M. IST. The company appointed NSDL to facilitate the remote e-voting process. CA Sourjya Prakash Mahapatra, an independent practicing Chartered Accountant, was appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.
Authorizations
The resolution authorizes any one of the Directors, the Chief Financial Officer, or the Company Secretary to perform all necessary acts to implement the resolution.
Financial Impact
No financial impact is quantified in the disclosure.