Voting Process Details
The postal ballot was conducted to seek member approval for reallocation of utilisation of funds raised through preferential issue of equity shares.
Key Dates:
- Notice of Postal Ballot dispatched to members: 1st July, 2026
- Remote e-voting period: Thursday, 2nd July, 2026 9:00 a.m. (IST) to Friday, 31st July, 2026 5:00 p.m. (IST)
- Cut-off date for eligibility: Friday, 26th June, 2026
- Total number of shareholders on record date: 5,092
Voting Results
Item No. 1: Reallocation of utilisation of funds raised through preferential issue of equity shares
Overall Results:
- Total shares eligible: 1,82,05,400
- Total votes polled: 1,56,61,712 (86.0278% of eligible shares)
- Votes in favor: 1,56,61,394 (99.9980% of votes polled)
- Votes against: 318 (0.0020% of votes polled)
Breakdown by Shareholder Category:
Promoter and Promoter Group:
- Eligible shares: 1,11,23,735
- Votes polled: 1,10,92,010 (99.7148% of eligible)
- All 1,10,92,010 votes were in favor (100%)
Public Institutions:
- Eligible shares: 1,600
- No votes cast from this category
Public Non-Institutions:
- Eligible shares: 70,80,065
- Votes polled: 45,69,702 (64.5432% of eligible)
- Votes in favor: 45,69,384 (99.9930% of votes polled)
- Votes against: 318 (0.0070% of votes polled)
Scrutinizer Report Details
M/s. Pooja Sawarkar & Associates, Practising Company Secretary was appointed as Scrutinizer to supervise the remote e-voting process.
Scrutinizer Findings:
- 42 shareholders participated in remote e-voting
- 15,661,394 votes cast in favor (99.9980% of valid votes)
- 14 shareholders voted against with 318 votes (0.0020% of valid votes)
- Total valid votes cast: 15,661,712
- No invalid votes were recorded
The scrutinizer confirmed the resolution was passed with requisite majority based on the remote e-voting results.
Company Officials
Karthik Srinivasan - Chairman, Managing Director and Chief Financial Officer (DIN: 09805485) signed the disclosure documents on 31st July, 2026.
Additional Information
The complete details of e-voting results and scrutinizer's report are available on the company's website www.jagsonpal.co.in.