Company Disclosure: Postal Ballot Voting Results
Resolutions Voted On
Two resolutions were put to shareholder vote via remote e-voting:
1. Ordinary Resolution: To increase the Authorized Share Capital of the Company and consequent alteration to Clause V of the Memorandum of Association of the Company.
2. Special Resolution: To Close EMDI (Overseas) FZ LLC, Wholly Owned Subsidiary of the Company.
Voting Process Details
- Record Date: June 5, 2026 (2,883 shareholders eligible to vote)
- Voting Period: June 14, 2026 (9:00 AM) to July 13, 2026 (5:00 PM)
- Voting Method: Remote e-voting facilitated by National Securities Depository Limited (NSDL)
- Scrutinizer: M/s. Sonali Gamne & Associates, Practising Company Secretaries
- Scrutinizer Report Date: July 13, 2026
Voting Results
Resolution 1: Increase Authorized Share Capital (Ordinary Resolution)
- Total Votes Polled: 11,146,105 (66.4225% of outstanding shares)
- Votes in Favor: 11,146,105 (100% of votes polled)
- Votes Against: 0 (0% of votes polled)
- Promoter Group Voting: 11,092,941 shares voted (100% in favor)
- Public Non-Institutions Voting: 53,164 shares voted (100% in favor)
- Public Institutions: 0 shares voted
Resolution 2: Close EMDI (Overseas) FZ LLC (Special Resolution)
- Total Votes Polled: 11,146,105 (66.4225% of outstanding shares)
- Votes in Favor: 11,146,095 (99.9999% of votes polled)
- Votes Against: 10 (0.0001% of votes polled)
- Promoter Group Voting: 11,092,941 shares voted (100% in favor)
- Public Non-Institutions Voting: 53,164 shares voted (53,154 in favor, 10 against - 99.9812% in favor)
- Public Institutions: 0 shares voted
Shareholding Structure
- Promoter and Promoter Group: 11,092,941 shares (66.11% of total)
- Public Institutions: 94,730 shares (0.56% of total)
- Public Non-Institutions: 5,592,955 shares (33.33% of total)
- Total Outstanding Shares: 16,780,626
Certification
Scrutinizer Sonali Gamne & Associates certified that both resolutions were passed with requisite majority. The ordinary resolution passed unanimously, and the special resolution passed with near-unanimous approval (99.9999%).