Key Dates and Timeline

  • Postal Ballot Notice Date: 24th July 2026
  • Cut-off date for determining eligible voters: 7th August 2026
  • Remote e-voting period: 12th August 2026 (9:00 AM IST) to 10th September 2026 (5:00 PM IST)
  • Scrutinizer unblocked votes: 10th September 2026 at 5:03 PM IST
  • Results declaration date: 11th September 2026

Voting Eligibility and Participation

  • Total number of members eligible to vote: 30,577 (as of 7th August 2026)
  • Total remote e-votes received: 269 votes representing 7,377,406 shares
  • Invalid votes: 4 ballot forms representing 35,874 shares
  • Net valid votes: 265 ballot forms representing 7,341,532 shares (100% of valid votes)

Voting Results for Special Resolution

Approval for amendment of the Objects Clause of the Memorandum of Association:

  • Votes in favor: 215 members representing 7,089,098 shares (96.56%)
  • Votes against: 50 members representing 252,434 shares (3.44%)
  • Note: Two shareholders holding 21,462 shares partially voted in favor (19,277 shares) and partially against (2,185 shares)

The resolution has been declared as passed as a Special Resolution with requisite majority.

Regulatory Framework and Process

Process conducted pursuant to:

  • Sections 108, 110 and other applicable provisions of the Companies Act, 2013
  • Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 (as amended)
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars: No. 14/2020 (8th April 2020), No. 17/2020 (13th April 2020), and No. 3/2025 (22nd September 2025)

Scrutinizer Appointment and Report

  • Scrutinizer: Mr. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, Company Secretaries, Coimbatore
  • Appointed by Board of Directors at meeting held on 24th July 2026
  • Scrutinizer submitted report dated 11th September 2026 certifying the voting process as fair and transparent
  • Vote unblocking witnessed by Mr. Sarathraj S and Ms. Lakshana S (not employees of the company)

Communication Method

Postal Ballot Notice and material facts statement were sent via email to all members registered as of 7th August 2026 who had registered their email address with the Company/RTA/Depositories. The notice was also placed on the company's website.

Signatories and Authentication

  • Company Secretary and Compliance Officer: C R Shivkumaran (digitally signed)
  • Chairman and Managing Director: Sanjay Jayavarthanavelu (DIN: 00004505, digitally signed)
  • Scrutinizer: M D Selvaraj (Membership No.: 960, C P No.: 411, Peer Review No. 6468/2025, UDIN: F000960H001443962)

Place: Coimbatore