Resolution Details

The special resolution was for the re-appointment of Mr. Gautam Mukherjee (DIN: 02590120) as an Independent Director on the Board of the Company for a second term of five years, effective from May 31, 2026, to May 30, 2031. His term of office shall not be liable to retire by rotation.

Voting Process and Timeline

The postal ballot was conducted through remote e-voting only. The voting period ran from June 01, 2026 (9:00 AM IST) to June 30, 2026 (5:00 PM IST). The cut-off date for determining eligibility to vote was May 22, 2026. National Securities Depository Limited (NSDL) was appointed as the agency to provide the e-voting facility. The notice was sent electronically, and a newspaper advertisement was published in Business Standard (English) and Jansatta (Hindi) on May 28, 2026.

Scrutinizer Appointment

Mr. Ravi Sharma, Practicing Company Secretary and Managing Partner of RSM & Co., was appointed as the Scrutinizer to scrutinize the e-voting process in a fair and transparent manner.

Voting Results - Overall

The resolution was passed with the requisite majority. The total number of shareholders on the record date was 216,583.

Consolidated Results:

  • Total Votes Polled: 259,052,104 shares (64.7976% of total outstanding shares)
  • Votes in Favor: 254,515,769 shares (98.2489% of votes polled)
  • Votes Against: 4,536,335 shares (1.7511% of votes polled)
  • No abstain or invalid votes were recorded.

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Total Shares Held: 199,235,434
  • Votes Polled (via E-Voting only): 191,110,194 shares (95.9218% of shares held)
  • Votes in Favor: 191,110,194 shares (100% of votes polled)
  • Votes Against: 0 shares (0% of votes polled)
  • Promoters were not interested in the resolution.

Public Institutions:

  • Total Shares Held: 52,528,736
  • Votes Polled (via E-Voting only): 38,077,162 shares (72.4883% of shares held)
  • Votes in Favor: 33,573,022 shares (88.1710% of votes polled)
  • Votes Against: 4,504,140 shares (11.8290% of votes polled)

Public Non-Institutions:

  • Total Shares Held: 148,022,465
  • Votes Polled (via E-Voting only): 29,864,748 shares (20.1758% of shares held)
  • Votes in Favor: 29,832,553 shares (99.8922% of votes polled)
  • Votes Against: 32,195 shares (0.1083% of votes polled)

Scrutinizer's Report Confirmation

The Scrutinizer, Ravi Sharma, confirmed the results and stated that the resolution was passed with the requisite majority. The vote unblocking on June 30, 2026, was witnessed by Siddhi Aggarwal and Sonam Dhall, who are not employees of the company or NSDL.