KANORIA ENERGY & INFRASTRUCTURE LIMITED

Key Resolution and Purpose

The postal ballot was conducted to seek shareholder approval for a special resolution to vary the terms of issue of the company's 5% redeemable preference shares. The specific variation sought was a reduction of the redemption period of these shares, initiated on the request of the respective preference shareholders. The resolution was framed pursuant to Sections 48 and 55 of the Companies Act, 2013, and was subject to approvals from SEBI and other applicable laws and regulations, including the SEBI ICDR Regulations, 2026, and SEBI LODR Regulations, 2015.

Scrutinizer Appointment and Process

Varun Kabra (M. No. 65304, COP No. 25188), proprietor of Varun Kabra & Associates, was appointed as the Scrutinizer by the company's Board of Directors on 20th May 2026 to oversee the process.

The e-voting facility was provided through the National Securities Depository Limited (NSDL) platform.

The notice for the postal ballot was dispatched on 25th June 2026. It was sent electronically via email to 6,230 shareholders who had registered their email IDs. A public notice was also published in "The Financial Express" (English) and "Naya India" (Regional Language) on 26th June 2026.

The e-voting period commenced on Friday, 26th June 2026, at 09:00 AM IST and ended on Saturday, 25th July 2026, at 5:00 PM IST.

The record date for determining shareholder eligibility to vote was 5th June 2026. On this date, the company had 6,699 shareholders.

Votes cast through e-voting were unblocked on 25th July 2026 in the presence of two independent persons not employed by the company: Mr. Murlidhar Soni and Ms. Nikita.

Voting Results and Outcome

The scrutinizer certified the following results for the single special resolution:

Summary of Voting:

  • Total Share Capital (on record date): 85,291,400 shares
  • Total Valid Votes Cast (Net): 76,894,132 shares
  • Percentage of Votes Polled: 90.15% of outstanding shares
  • Total Votes in Favor of Resolution: 76,892,103 shares
  • Total Votes Against Resolution: 2,029 shares
  • Percentage of Votes in Favor: 99.997% of votes polled
  • Percentage of Votes Against: 0.003% of votes polled

Category-wise Voting Breakdown:

  • Promoter & Promoter Group:
  • Shares Held: 63,070,100
  • Votes Polled: 61,089,300 (96.86% of shares held)
  • Votes in Favor: 61,089,300 (100.00% of votes polled by category)
  • Votes Against: 0
  • Public - Institutions:
  • Votes Polled: 0
  • Public - Non-Institutions:
  • Shares Held: 22,221,300
  • Votes Polled: 15,804,832 (71.12% of shares held)
  • Votes in Favor: 15,802,803 (99.987% of votes polled by category)
  • Votes Against: 2,029 (0.013% of votes polled by category)

Result: The scrutinizer reported that the special resolution was passed by the shareholders with the requisite majority, as nearly 100% of the votes cast were in favor.

Post-Result Actions

The result of the postal ballot, along with this scrutinizer's report, is to be displayed on the company's website (www.ainfrastructure.com) and on the NSDL website. It is also to be communicated to the stock exchange.

The scrutinizer has retained all related records, including data from NSDL and a register of shareholder votes, which will be handed over to the company's chairman or company secretary.