Voting Results Summary
All six resolutions were passed with requisite majority by shareholders through remote e-voting process conducted from July 03, 2026 (9:00 AM IST) to August 01, 2026 (5:00 PM IST).
Detailed Resolution Outcomes
1. Change in Designation of Mr. Adit Mittal
- Resolution: Change from Non-Executive Director to Executive Director (DIN: 10163322)
- Voting Results: 100% approval
- Valid Votes: 5,930,504 votes from 31 voters
- No dissent or invalid votes
2. Re-appointment of Mrs. Nikky Gupta
- Resolution: Re-appointment as Independent Director (DIN: 03268791)
- Voting Results: 100% approval
- Valid Votes: 5,930,504 votes from 31 voters
- No dissent or invalid votes
3. Revision in Remuneration of Mr. Gaurav Mittal
- Resolution: Revision in remuneration payable to Managing Director & CEO
- Voting Results: 99.596% approval with 0.404% dissent
- Assent Votes: 5,906,504 votes from 30 voters
- Dissent Votes: 24,000 votes from 1 voter
- Total Valid Votes: 5,930,504 votes from 31 voters
4. Increase in Limits under Section 186
- Resolution: Increase limit for granting loans, providing guarantees/securities, and making investments
- Voting Results: 100% approval
- Valid Votes: 5,930,504 votes from 31 voters
5. Approval under Section 185
- Resolution: Approval to advance any loan/give guarantee/provide security
- Voting Results: 100% approval
- Valid Votes: 5,930,504 votes from 31 voters
6. Increase in Borrowing Limits under Section 180(1)(c)
- Resolution: Increase borrowing limits of the company
- Voting Results: 100% approval
- Valid Votes: 5,930,504 votes from 31 voters
Scrutinizer Details
- Scrutinizer: M/s. Jain Preeti & Co., Practicing Company Secretary (FCS No.: F13336)
- Scrutinizer Report Date: August 03, 2026
- All votes cast were declared valid by the scrutinizer
- Cut-off date for determining eligible voters: June 26, 2026
- Postal ballot notice dispatched on July 02, 2026 via email to eligible members
- Advertisement published on July 03, 2026 in Financial Express (English) and Jansatta (Hindi)