Meeting Details

  • Date: Friday, 28th August 2026
  • Time: 11:00 A.M. (IST)
  • Location: Conducted through Video Conferencing (VC)/Other Audio Visual Means (OAVM)
  • Type: Extra Ordinary General Meeting
  • Record Date/Cut-off Date: 21st August 2026
  • Total shareholders on record date: 15,249

Proposed Resolutions and Implications

The EGM considered two special resolutions:

1. Resolution 1: To approve the issuance of Equity Shares to persons belonging to the 'Non-Promoter' Category on a Preferential Basis

2. Resolution 2: To approve the amendment to the Main Object Clause of the Memorandum of Association of the Company

The promoter/promoter group confirmed they were not interested in either resolution.

Voting Process and Methods

The voting process utilized multiple methods:

  • Remote e-voting facility provided through National Securities Depository Limited (NSDL)
  • E-voting during the EGM for members who hadn't voted remotely
  • Remote e-voting period: Monday, August 24, 2026 (9:00 AM IST) to Thursday, August 27, 2026 (5:00 PM IST)
  • Notice published in Financial Express (English) and Business Remedies (Hindi) on 3rd August 2026

Key Voting Outcomes

Resolution 1: Preferential Share Issuance

  • Total votes cast: 374,483,618 (85.4723% of outstanding shares)
  • Votes in favor: 374,483,117 (99.9999% of votes polled)
  • Votes against: 501 (0.0001% of votes polled)
  • Resolution passed: Yes

Category-wise Breakdown - Resolution 1:

  • Promoter and Promoter Group: 326,990,225 votes (100% in favor, 0 against)
  • Public - Institutional: 0 votes
  • Public - Others: 47,493,393 votes (99.9989% in favor, 0.0011% against)

Resolution 2: Amendment to Memorandum of Association

  • Total votes cast: 374,483,618 (85.4723% of outstanding shares)
  • Votes in favor: 374,483,118 (99.9999% of votes polled)
  • Votes against: 500 (0.0001% of votes polled)
  • Resolution passed: Yes

Category-wise Breakdown - Resolution 2:

  • Promoter and Promoter Group: 326,990,225 votes (100% in favor, 0 against)
  • Public - Institutional: 0 votes
  • Public - Others: 47,493,393 votes (99.9989% in favor, 0.0011% against)

Shareholder Participation

  • Shareholders attending through video conferencing: 102 (9 promoter group, 93 public)
  • Total outstanding shares: 438,134,700
  • Promoter and promoter group shares: 327,546,720
  • Public shares: 110,587,980

Scrutinizer's Role and Findings

Sourabh Bapna of Sourabh Bapna & Associates was appointed as Scrutinizer to oversee the remote e-voting process and e-voting during the EGM. The scrutinizer:

  • Verified the voting process was conducted fairly and transparently
  • Counted votes in the presence of two witnesses (Mahavelr Agarwal and Deepak Toshniwal)
  • Confirmed voting rights were proportional to shareholding as of the cut-off date
  • Reported no invalid votes for either resolution
  • Sealed and handed over all relevant records to the Chairman/Company Secretary

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Companies Act, 2013 and relevant Rules
  • Ministry of Corporate Affairs circulars
  • SEBI circulars
  • Regulation 23 of SEBI LODR for eligible voter determination