Disclosure of Voting Results for Voluntary Delisting Resolution

Voting Process Details

  • Postal Ballot Notice Date: July 16, 2026
  • Total Number of Shareholders as on cut-off date (July 10, 2026): 16,623
  • Voting Commencement Date: Monday, July 20, 2026 at 9:00 AM IST
  • Voting End Date: Tuesday, August 18, 2026 at 5:00 PM IST
  • Scrutinizer: M/s Pragnya Pradhan & Associates, Practicing Company Secretary
  • E-voting Service Provider: MUFG Intime India Private Limited

Resolution Details

  • Resolution Description: Approval for Voluntary Delisting of the Equity Shares of the Company from BSE Limited and National Stock Exchange of India Limited in accordance with Securities and Exchange Board of India (Delisting of Equity Shares) Regulations, 2021
  • Type of Resolution: Special Resolution
  • Mode of Voting: E-Voting & Postal Ballot Forms
  • Promoter interest in resolution: Yes

Voting Results (Including Promoter and Promoter Group)

Total Outstanding Shares: 10,258,326

Category-wise Breakdown:

  • Promoter and Promoter Group:
  • Shares held: 7,612,143
  • Votes polled: 7,612,143 (100% of shares held)
  • Votes in favor: 7,612,143 (100%)
  • Votes against: 0 (0%)
  • Public Institutions:
  • Shares held: 1,728
  • Votes polled: 0 (0% of shares held)
  • Public Non-Institutions:
  • Shares held: 2,644,455
  • E-voting votes polled: 1,459,577 (55.19% of shares held)
  • Postal ballot votes received: 120
  • Total votes polled: 1,459,697 (55.19% of shares held)
  • Votes in favor: 1,450,416 (99.36% of votes polled)
  • Votes against: 9,281 (0.64% of votes polled)

Overall Results (Including Promoters):

  • Total votes polled: 9,071,840 (88.43% of outstanding shares)
  • Votes in favor: 9,062,559 (99.90% of votes polled)
  • Votes against: 9,281 (0.10% of votes polled)

Voting Results (Excluding Promoter and Promoter Group) - SEBI Delisting Regulations Requirement

Total Public Shares: 2,646,183 (2,644,455 + 1,728)

Category-wise Breakdown:

  • Public Institutions:
  • Shares held: 1,728
  • Votes polled: 0 (0% of shares held)
  • Public Non-Institutions:
  • Shares held: 2,644,455
  • Total votes polled: 1,459,697 (55.19% of shares held)
  • Votes in favor: 1,450,416 (99.36% of votes polled)
  • Votes against: 9,281 (0.64% of votes polled)

Overall Results (Excluding Promoters):

  • Total votes polled: 1,459,697 (55.19% of public shares)
  • Votes in favor: 1,450,416 (99.36% of votes polled)
  • Votes against: 9,281 (0.64% of votes polled)

Scrutinizer Report Findings

Valid Votes (Including Promoters):

  • Number of members who voted: 72
  • Assent votes: 9,062,559 (99.90%)
  • Dissent votes: 9,281 (0.10%)

Valid Votes (Excluding Promoters - SEBI Requirement):

  • Number of public shareholders who voted: 70
  • Assent votes: 1,450,416 (99.36%)
  • Dissent votes: 9,281 (0.64%)

Invalid/Abstained Votes:

  • Total invalid votes: 192
  • Total number of members with invalid votes: Not specified

Additional Process Information

  • Public notice was published via newspaper advertisement in Financial Express (English) and Jansatta (Hindi) on July 19, 2026
  • Votes cast through remote e-voting were unblocked on August 18, 2026 at 5:15 PM in the presence of two independent witnesses
  • 12 Postal Ballot Forms were received from shareholders
  • All voting records will be handed over to the Company Secretary after chairman's approval of minutes

Result Declaration

The scrutinizer confirmed that:

1. Under Companies Act, 2013: The special resolution passed as votes in favor were not less than three times the votes against

2. Under SEBI Delisting Regulations: The resolution passed as votes in favor by public shareholders were more than two times the votes against