Voting Process Details
The company provided e-voting facility to members through Central Depository Services (India) Limited (CDSL). The e-voting period commenced on Thursday, July 9, 2026, at 09:00 AM IST and ended on Friday, August 7, 2026, at 05:00 PM IST.
Resolutions Proposed
Two special resolutions were put to vote:
1. Appointment of Mr. Rajesh Balkrishna Mittal (DIN: 08483698) as a Non-Executive Independent Director not liable to retire by rotation, to hold office for a period of 5 consecutive years from May 13, 2026, to May 12, 2031.
2. Appointment of Dr. Mylswamy Annadurai (DIN: 07182202) as a Non-Executive Independent Director not liable to retire by rotation, to hold office for a period of 5 consecutive years from May 13, 2026, to May 12, 2031.
Shareholder Base
Total number of shareholders on record date: 466,780
Total outstanding shares: 67,034,654
Voting Results - Resolution 1 (Mr. Rajesh Balkrishna Mittal)
Overall Results:
- Total votes polled: 46,103,543 shares (68.7757% of outstanding shares)
- Votes in favor: 46,039,525 shares (99.8611% of votes polled)
- Votes against: 64,018 shares (0.1389% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group:
- Shares held: 35,838,533
- Votes polled: 35,838,433 shares (99.9997% of shares held)
- Votes in favor: 100% (35,838,433 shares)
- Votes against: 0 shares
- Public Institutions:
- Shares held: 11,375,194
- Votes polled: 10,165,620 shares (89.3666% of shares held)
- Votes in favor: 10,137,130 shares (99.7197% of votes polled)
- Votes against: 28,490 shares (0.2803% of votes polled)
- Public Non-Institutions:
- Shares held: 19,820,927
- Votes polled: 99,490 shares (0.5019% of shares held)
- Votes in favor: 63,962 shares (64.2899% of votes polled)
- Votes against: 35,528 shares (35.7101% of votes polled)
Voting Results - Resolution 2 (Dr. Mylswamy Annadurai)
Overall Results:
- Total votes polled: 46,104,358 shares (68.7769% of outstanding shares)
- Votes in favor: 46,040,384 shares (99.8612% of votes polled)
- Votes against: 63,974 shares (0.1388% of votes polled)
Category-wise Breakdown:
- Promoter & Promoter Group:
- Shares held: 35,838,533
- Votes polled: 35,838,433 shares (99.9997% of shares held)
- Votes in favor: 100% (35,838,433 shares)
- Votes against: 0 shares
- Public Institutions:
- Shares held: 11,375,194
- Votes polled: 10,165,620 shares (89.3666% of shares held)
- Votes in favor: 10,137,130 shares (99.7197% of votes polled)
- Votes against: 28,490 shares (0.2803% of votes polled)
- Public Non-Institutions:
- Shares held: 19,820,927
- Votes polled: 100,305 shares (0.5061% of shares held)
- Votes in favor: 64,821 shares (64.6239% of votes polled)
- Votes against: 35,484 shares (35.3761% of votes polled)
Scrutinizer's Report
Kalaivani S, Company Secretary (ACS No: 57112, CP No: 22158), was appointed as Scrutinizer for the postal ballot process. The scrutinizer verified that:
- 1,614 members (folio-wise) cast their votes through remote e-voting
- For Resolution 1: 1,510 members voted in favor (46,039,525 shares), 96 members voted against (64,018 shares), with 8 invalid/abstained votes
- For Resolution 2: 1,507 members voted in favor (46,040,384 shares), 104 members voted against (63,974 shares), with 3 invalid/abstained votes
- Both resolutions were deemed passed by requisite majority
Compliance Statement
The company requested the exchanges to take the documents on record and treat this as compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.