Meeting Details
- Date of Conclusion: Thursday, July 9, 2026 at 5:00 PM IST
- Type of Meeting: Postal Ballot (Not an AGM/EGM - physical meeting not applicable)
- Cut-off Date: June 5, 2026
- Total Number of Shareholders: 20,878 as of cut-off date
- Voting Period: June 10, 2026 (9:00 AM IST) to July 9, 2026 (5:00 PM IST)
Proposed Resolution and Implications
The company proposed one ordinary resolution for "Increase in Authorized Share Capital and consequent amendment to Memorandum of Association of the Company." This resolution required shareholder approval to modify the company's capital structure and governing documents.
Voting Process and Methods
- Voting Method: Exclusive postal ballot e-voting conducted electronically
- Service Provider: Bigshare Services Private Limited (the company's RTA)
- Voting Platform: Electronic voting system provided by Bigshare
- Notice Distribution: Sent via email to shareholders with registered email addresses
- Scrutinizer: Sumit Khanna, Partner of SARK & Associates LLP, Company Secretaries
- Voting Rights: Based on paid-up value of equity shares registered as of June 5, 2026
Key Voting Outcomes
Resolution 1: Increase in Authorized Share Capital
- Total Outstanding Shares: 26,344,580
- Total Votes Cast: 5,350,398 shares (20.31% turnout)
- Votes in Favor: 5,350,394 shares (100.00% of votes cast)
- Votes Against: 4 shares (0.00% of votes cast)
- Result: Passed as Ordinary Resolution
Category-wise Voting Breakdown
Promoter & Promoter Group:
- Shares Held: 8,411,787
- Votes Polled: 4,046,436 (48.10% turnout)
- Votes in Favor: 4,046,436 (100.00%)
- Votes Against: 0 (0.00%)
Public Institutions:
- Shares Held: 0
- Votes Polled: 0 (0.00% turnout)
Public Non-Institutions:
- Shares Held: 17,932,793
- Votes Polled: 1,303,962 (7.27% turnout)
- Votes in Favor: 1,303,958 (100.00%)
- Votes Against: 4 (0.00%)
Invalid Votes
- Promoter and Promoter Group: 0 votes
- Public Institutions: 0 votes
- Public Non-Institutions: 0 votes
Scrutinizer's Role and Findings
Sumit Khanna of SARK & Associates LLP was appointed as scrutinizer pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014. The scrutinizer confirmed:
- The e-voting system was properly set up and functional throughout the voting period
- All resolution items were correctly uploaded to the voting platform
- The voting portal was blocked immediately after the voting period concluded at 5:00 PM on July 9, 2026
- The resolution was passed with 100% valid votes in favor
- No invalid votes were cast across all shareholder categories
- All relevant voting records will remain in the scrutinizer's custody until handed over to the company
Compliance Confirmation
The document confirms compliance with:
- Regulation 30 read with Schedule III(A)(13) of SEBI Listing Regulations
- Regulation 44 of SEBI LODR Regulations, 2015
- Section 110 of the Companies Act, 2013
- Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014