L&T Finance Limited intimated the National Stock Exchange of India Limited and BSE Limited of the voting results from a postal ballot process concluded on October 6, 2026. The process was conducted to seek shareholder approval for four resolutions as per the postal ballot notice dated August 10, 2026.

Nature of the Event

The disclosure is a regulatory filing under SEBI Listing Regulations to intimate the stock exchanges of the results of a postal ballot process. The company appointed M/s. Alwyn D'Souza, Practicing Company Secretary, as the scrutinizer for the process.

Key Quantitative Figures and Voting Results

Record Date and Shareholder Base:

  • The cut-off date for determining shareholders entitled to vote was Monday, August 31, 2026.
  • The total number of shareholders on the record date was 751,686.
  • The total number of outstanding shares was 250,635,2570.

Resolution 1: Ordinary Resolution - Appointment of Mr. Sachinn Joshi (DIN: 00040876) as Whole-Time Director

  • Total valid votes cast: 216,369,8720 (86.3286% of outstanding shares)
  • Votes in favour: 212,492,6081 (98.2080% of votes cast)
  • Votes against: 3,877,2639 (1.7920% of votes cast)
  • Number of members voting: 2,463 in favour; 243 against
  • Promoter & Promoter Group: Voted 100% in favour (165,253,0125 shares).
  • Public Institutions: 92.3817% votes in favour (46,979,1018 shares).
  • Public Non-Institutions: 98.8209% votes in favour (260,4938 shares).

Resolution 2: Ordinary Resolution - Appointment of Mr. Raju Dodti (DIN: 06550896) as Whole-Time Director

  • Total valid votes cast: 216,369,9270 (86.3286% of outstanding shares)
  • Votes in favour: 212,587,2253 (98.2517% of votes cast)
  • Votes against: 3,782,7017 (1.7483% of votes cast)
  • Number of members voting: 2,462 in favour; 244 against
  • Promoter & Promoter Group: Voted 100% in favour (165,253,0125 shares).
  • Public Institutions: 92.5674% votes in favour (470,735,586 shares).
  • Public Non-Institutions: 98.8611% votes in favour (260,6542 shares).

Resolution 3: Special Resolution - Appointment of Mr. Prashant Kumar (DIN: 07562475) as Independent Director

  • Total valid votes cast: 216,369,9270 (86.3286% of outstanding shares)
  • Votes in favour: 216,306,4356 (99.9707% of votes cast)
  • Votes against: 634,914 (0.0293% of votes cast)
  • Number of members voting: 2585 in favour; 113 against
  • Promoter & Promoter Group: Voted 100% in favour (165,253,0125 shares).
  • Public Institutions: 99.8825% votes in favour (507,934,858 shares).
  • Public Non-Institutions: 98.5892% votes in favour (259,9373 shares).

Resolution 4: Special Resolution - Amendment to Memorandum of Association

  • Total valid votes cast: 216,369,8841 (86.3286% of outstanding shares)
  • Votes in favour: 216,366,3029 (99.9983% of votes cast)
  • Votes against: 35,812 (0.0017% of votes cast)
  • Number of members voting: 2599 in favour; 98 against
  • Promoter & Promoter Group: Voted 100% in favour (165,253,0125 shares).
  • Public Institutions: Voted 100% in favour (508,532,575 shares).
  • Public Non-Institutions: 98.6415% votes in favour (260,0329 shares).

Scrutinizer's Report Details

  • Scrutinizer: Alwyn D'Souza of Alwyn D'Souza & Co., Company Secretaries.
  • Remote e-voting period: September 7, 2026 (9:00 AM IST) to October 6, 2026 (5:00 PM IST).
  • Votes were unblocked and the final report was generated on October 6, 2026, at 5:02 PM IST.
  • The company dispatched the postal ballot notice through electronic mode on September 3, 2026.
  • Advertisements were published in Financial Express (English) and Lok Satta (Marathi) on September 4, 2026.
  • CDSL (Central Depository Services India Limited) provided the remote e-voting facility.
  • The scrutinizer confirmed that all four resolutions were passed with the requisite majority.