Description: Issue of 77,02,182 (Seventy-Seven Lakh Two Thousand One Hundred and Eighty-Two) warrants, each fully convertible into or exchangeable for 1 fully paid-up equity share of ₹2 each
Allottees: Dr. Abhinay Bollineni (Promoter), Mr. Adwik Bollineni (Promoter), and Bharas Ventures LLP (Promoter Group entity)
Voting Results:
Total Shares Voted: 31,67,34,800 (75.41% of outstanding shares)
Votes in Favor: 29,87,55,901 (94.32% of votes cast)
Votes Against: 1,79,78,899 (5.68% of votes cast)
Promoter Group: 100% approval (100% of 10,92,94,350 shares voted)
Public Institutions: 90.37% approval (1,68,67,555 shares in favor)
Public Non-Institutions: 99.9963% approval (2,07,83,996 shares in favor)
Resolution 2: Director Designation Change (Ordinary Resolution)
Description: Change of designation of Mr. Adwik Bollineni (DIN: 06549059) from Non-Executive Director to Executive Director for 5 years with effect from 15 May 2026
Voting Results:
Total Shares Voted: 20,74,40,450 (49.39% of outstanding shares)
Votes in Favor: 17,07,56,152 (82.32% of votes cast)
Votes Against: 3,66,84,298 (17.68% of votes cast)
Promoter Group: 0 shares voted (treated as invalid due to interest)
Public Institutions: 80.35% approval (14,99,71,776 shares in favor)
Public Non-Institutions: 99.9981% approval (2,07,84,376 shares in favor)
Attendance Details
Total Shareholders Present: 57 (via VC/OAVM)
Promoter Group Shareholders: 3
Public Shareholders: 54
Scrutinizer's Report Key Findings
Total members who cast votes: 402
Total shares voted: 31,67,34,800
All resolutions passed with requisite majority
Invalid votes noted for Resolution 2 due to interested parties (10,92,94,350 shares)
Scrutinizer confirmed maintenance of all voting records for handover to Company Secretary
