Lotus Chocolate Company Limited has disclosed the voting results for a postal ballot resolution regarding the appointment of a new director. The company sought approval from its members for the appointment of Mr. Mohammed Rafathullah (DIN: 06744446) as a Non-Executive Director of the Company.

The resolution was passed with more than the requisite majority on May 22, 2026, which was the last date of the e-voting process. The voting was conducted through remote e-voting only, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, specifically Regulation 44(3).

Voting Details

  • Record Date for Voting: April 17, 2026
  • Total Number of Shareholders on Record Date: 22,983
  • Total Number of Outstanding Shares: 12,841,049
  • Total Valid Votes Polled: 9,882,745 (76.96% of total share capital)
  • Votes in Favor: 9,851,585 (99.68% of votes polled)
  • Votes Against: 31,160 (0.32% of votes polled)
  • Invalid Votes: 0

Shareholder Category Breakdown

Promoter and Promoter Group:

  • Outstanding Shares: 9,254,150
  • Votes Polled: 9,254,150 (100.00% of category shares)
  • Votes in Favor: 9,254,150 (100.00% of votes polled)
  • Votes Against: 0

Public - Institutions:

  • Outstanding Shares: 7,300
  • Votes Polled: 0 (0.00% of category shares)
  • Votes in Favor: 0
  • Votes Against: 0

Public - Non-Institutions:

  • Outstanding Shares: 3,579,599
  • Votes Polled: 628,595 (17.56% of category shares)
  • Votes in Favor: 597,435 (95.04% of votes polled)
  • Votes Against: 31,160 (4.96% of votes polled)

Scrutinizer's Report

The e-voting process was scrutinized by Anil Lohia, Chartered Accountant and Partner at Dayal and Lohia, Chartered Accountants. The e-voting period was from April 23, 2026 (9:00 AM IST) to May 22, 2026 (5:00 PM IST). The vote unblocking was witnessed by two independent witnesses, Mr. Sunil Khandelwal and Mr. Neel Khandelwal, who are not employed by the company or KFin Technologies Limited.

The scrutinizer confirmed that the resolution was passed with requisite majority based on the reports generated from the e-voting system provided by KFin Technologies Limited, the company's registrar and share transfer agent.

Additional Information

The voting results are available on the company's website (www.lotuschocolate.com) and on the website of KFin Technologies Limited (https://evoting.kfintech.com). A newspaper advertisement was published on April 22, 2026, in Financial Express (English) and Nava Telangana (Telugu) regarding the dispatch of the notice and e-voting instructions.

The electronic data and all relevant records relating to e-voting have been handed over to Mr. Utsav Saini, Company Secretary and Compliance Officer of the Company, for safe keeping as per regulatory requirements.