Key Resolution Details

  • Resolution Type: Special Resolution under Section 180(1)(a) of Companies Act, 2013
  • Purpose: To provide security in connection with the borrowings of the Company
  • Voting Period: October 13, 2026 to November 11, 2026
  • Record Date: October 9, 2026
  • Total Shareholders on Record Date: 25,043

Voting Results Breakdown

Promoter and Promoter Group

  • Shares held: 12,326,764
  • Votes polled: 12,326,764 (100.0000% of holdings)
  • Votes in favor: 12,326,764 (100.0000%)
  • Votes against: 0 (0.0000%)

Public Institutions

  • Shares held: 44,397
  • Votes polled: 0 (0.0000% of holdings)

Public Non-Institutions

  • Shares held: 19,718,839
  • Votes polled: 379,984 (1.9270% of holdings)
  • Votes in favor: 379,890 (99.9753% of votes polled)
  • Votes against: 94 (0.0247% of votes polled)

Overall Totals

  • Total outstanding shares: 32,090,000
  • Total votes polled: 12,706,748 (39.5972% of outstanding shares)
  • Total votes in favor: 12,706,654 (99.9993% of votes polled)
  • Total votes against: 94 (0.0007% of votes polled)
  • Invalid votes: None reported

Scrutinizer Details

  • Name: CS Sandhya R. Malhotra
  • Firm: M/s. Manish Ghia & Associates
  • Qualification: Company Secretary
  • Membership Number: 6715
  • Appointment Date: October 7, 2026 (Board Meeting)
  • Report Issuance Date: November 12, 2026

Voting Process Details

  • E-voting agency: MUFG Intime India Private Limited
  • Notice dispatch completed: October 12, 2026 (electronic mode only)
  • Advertisement published: October 13, 2026 in The Free Press Journal (English) and Navshakti (Marathi)
  • Voting commencement: October 13, 2026 at 9:00 AM IST
  • Voting conclusion: November 11, 2026 at 5:00 PM IST
  • Vote unblocking witnessed by: CS Bhavya Gala and CS Tamanna Rawal (not employed by company)

Result Declaration

The scrutinizer confirmed the resolution passed with requisite majority as votes in favor (99.9993%) were more than three times the votes against (0.0007%).