Meeting Details
- Date of EGM: 13th August, 2026
- Time: 03:00 PM (IST)
- Mode: Video Conferencing/Other Audio-Visual Means (VC/OAVM)
- Total number of shareholders on record date: 115,251
- Shareholders attendance: 5 Promoters and 49 Public shareholders attended through VC
- Number of resolutions passed: 2
Resolution 1: Special Resolution - Fund Raising
- Description: To approve raising of funds in one or more tranches, by issuance of equity shares and/or other eligible securities
- Resolution required: Special
- Promoter/promoter group interest: No
- Total shares outstanding: 401,492,045
- Total votes polled: 282,767,578 (70.4292% of outstanding shares)
- Votes in favor: 282,765,309 (99.9992% of votes polled)
- Votes against: 2269 (0.0008% of votes polled)
- Result: Passed
Voting Breakdown - Resolution 1:
Promoter and Promoter Group
- Shares held: 225,317,291
- Votes polled: 225,316,791 (99.9998% of shares held)
- Votes in favor: 225,316,791 (100.0000%)
- Votes against: 0 (0.0000%)
Public Institutions
- Shares held: 38,810,893
- Votes polled: 17,920,739 (46.1745% of shares held)
- Votes in favor: 17,920,739 (100.0000%)
- Votes against: 0 (0.0000%)
Public Non-Institutions
- Shares held: 137,363,861
- Votes polled: 39,530,048 (28.7776% of shares held)
- Votes in favor: 39,527,779 (99.9943%)
- Votes against: 2,269 (0.0057%)
Resolution 2: Ordinary Resolution - Related Party Transaction
- Description: Approval of material related party transaction
- Resolution required: Ordinary
- Promoter/promoter group interest: Yes
- Total shares outstanding: 401,492,045
- Total votes polled: 57,448,159 (14.3087% of outstanding shares)
- Votes in favor: 57,445,988 (99.9962% of votes polled)
- Votes against: 2,171 (0.0038% of votes polled)
- Result: Passed
Voting Breakdown - Resolution 2:
Promoter and Promoter Group
- Shares held: 225,317,291
- Votes polled: 0 (0.0000% of shares held)
- Votes in favor: 0 (0.0000%)
- Votes against: 0 (0.0000%)
Public Institutions
- Shares held: 38,810,893
- Votes polled: 17,920,739 (46.1745% of shares held)
- Votes in favor: 17,920,739 (100.0000%)
- Votes against: 0 (0.0000%)
Public Non-Institutions
- Shares held: 137,363,861
- Votes polled: 39,527,420 (28.7757% of shares held)
- Votes in favor: 39,525,249 (99.9945%)
- Votes against: 2,171 (0.0055%)
Scrutinizer's Report Details
- Scrutinizer: Ashok, Partner of VAPN & Associates, Practicing Company Secretaries (FRN: P2015DE045500)
- Appointment: By Board resolution dated 22nd July, 2026
- E-voting provider: National Securities Depository Limited (NSDL)
- Remote e-voting period: Monday, 10th August 2026 at 9:00 AM IST to Wednesday, 12th August 2026 at 5:00 PM IST
- Vote unblocking: Thursday, 13th August 2026 at approximately 03:44 PM IST
- Witnesses: Mr. Ujjwal Kumar and Mr. Vedesh (not employees of the Company)
Consolidated Voting Results:
Resolution 1 - Special Resolution (Fund Raising)
- Total assent: 237 shareholders, 282,765,309 votes (99.9992%)
- Total dissent: 12 shareholders, 2,269 votes (0.0008%)
- Invalid votes: 0
- Total votes: 249 shareholders, 282,767,578 votes
Resolution 2 - Ordinary Resolution (RPT)
- Total assent: 233 shareholders, 57,445,988 votes (99.9962%)
- Total dissent: 12 shareholders, 2,171 votes (0.0038%)
- Invalid votes: 0
- Total votes: 245 shareholders, 57,448,159 votes
Additional Information
- Notice of EGM was sent electronically to members with registered email addresses
- Newspaper advertisement published on 23rd July 2026 in Financial Express (All Editions in English and Ahmedabad Edition in Gujarati)
- Cut-off date for voting eligibility: Thursday, 6th August 2026
- The scrutinizer confirms all electronic voting data and records will remain in their custody until the Chairman approves and signs the EGM minutes