Indo Amines Limited disclosed the results of its postal ballot conducted through remote e-voting process. The ballot sought shareholder approval for four special resolutions concerning director reappointment and remuneration increases.

Voting Process Details

The postal ballot notice was dated 26th May, 2026, and communicated to shareholders on 15th June, 2026. The remote e-voting period commenced on Tuesday, 16th June, 2026 at 09:00 AM IST and concluded on Wednesday, 15th July, 2026 at 05:00 PM IST. The cut-off date for determining shareholder eligibility was Friday, 12th June, 2026.

National Securities Depository Limited (NSDL) provided the e-voting facility. Mr. Vijay Yadav (Mem. No. FCS11990), Partner of AVS and Associates, Practicing Company Secretary, was appointed as the Scrutinizer to oversee the process.

Resolution Details and Voting Results

All four special resolutions were passed with requisite majority:

Resolution 1: Re-appointment of Mrs. Bharati Palkar (DIN: 00136185) as Whole-Time Director

  • Total votes polled: 4,08,20,182 shares (56.24% of outstanding shares)
  • Votes in favor: 4,07,87,967 shares (99.92% of votes polled)
  • Votes against: 32,215 shares (0.08% of votes polled)
  • Promoter group voted 100% in favor with 3,37,33,248 shares

Resolution 2: Increase remuneration of Mr. Vijay Palkar (DIN: 00136027), Managing Director & CEO

  • Total votes polled: 3,72,61,218 shares (51.33% of outstanding shares)
  • Votes in favor: 3,63,28,526 shares (97.50% of votes polled)
  • Votes against: 9,32,692 shares (2.50% of votes polled)
  • Promoter group voted 100% in favor with 3,01,74,884 shares

Resolution 3: Increase remuneration of Mr. Rahul Vijay Palkar (DIN: 00325590), Joint Managing Director

  • Total votes polled: 4,24,10,858 shares (58.43% of outstanding shares)
  • Votes in favor: 4,14,78,111 shares (97.80% of votes polled)
  • Votes against: 9,32,747 shares (2.20% of votes polled)
  • Promoter group voted 100% in favor with 3,53,24,524 shares

Resolution 4: Increase remuneration of Mr. Saji Jose (DIN: 10650311), Whole-Time Director

  • Total votes polled: 4,24,10,838 shares (58.43% of outstanding shares)
  • Votes in favor: 4,14,94,989 shares (97.84% of votes polled)
  • Votes against: 9,15,849 shares (2.16% of votes polled)
  • Promoter group voted 100% in favor with 3,53,24,524 shares

Shareholding Structure

Total outstanding shares: 7,25,87,560

  • Promoter and Promoter Group: 4,24,04,506 shares (58.43%)
  • Public Institutional Holders: 22,104 shares (0.003%)
  • Public Non-Institutional Holders: 3,01,60,950 shares (41.57%)

Documentation

The company enclosed the following documents:

  • Proceedings of the Postal Ballot (Annexure A)
  • Voting Results as required under Regulation 44(3) of SEBI LODR Regulations, 2015 (Annexure B)
  • Scrutinizer's Report dated July 17, 2026 (Annexure C)

These documents are available on the company's website (www.indoaminesltd.com) and NSDL's e-voting portal (www.evoting.nsdl.com).