Type of Meeting: Postal Ballot (conducted solely through remote e-voting)
Record Date / Cut-off Date: Friday, May 1, 2026
Remote E-Voting Period: Commenced on Tuesday, May 5, 2026 at 9:00 AM IST and ended on Wednesday, June 3, 2026 at 5:00 PM IST
Resolution Deemed Passed: Wednesday, June 3, 2026 (last date of e-voting)
Scrutinizer's Report Date: June 4, 2026
Proposed Resolution and Implications
Resolution: Ordinary resolution to confirm the appointment of Mr. Palash Maheshwari (DIN: 08307839) as Director (Category: Professional, Sub-Category: Non-Executive) of the Company.
Implications: Regularization of a director appointment, with the promoter/promoter group noted as interested in this resolution.
Voting Process and Methods
Voting Method: Remote e-voting only (no physical polling or postal ballot forms were used)
E-Voting Service Provider: M/s. Bigshare Services Private Limited, the Registrar & Transfer Agent of the Company
Eligibility: Members holding shares as of the cut-off date (May 1, 2026)
The process was scrutinized by CS Shilpi Thapar of SHILPI THAPAR & ASSOCIATES, appointed by the Board of Directors on April 30, 2026.
Key Voting Outcomes
Overall Voting Participation
Total Number of Shareholders on Record Date: 11,917
Total Number of Votes Cast (Shares): 15,181,011
Percentage of Votes Polled on Outstanding Shares: 51.2921%
Total Number of Members Who Voted: 49
Number of Members Who Abstained: 2
Resolution Outcome: Passed
Category-Wise Voting Breakdown
Promoter and Promoter Group
Total Shares Held: 16,943,804
Votes Polled via E-Voting: 10,289,143
Percentage of Votes Polled on Outstanding Shares: 60.7251%
Votes in Favor: 10,289,143 (100% of votes polled)
Votes Against: 0 (0% of votes polled)
Public Institutions
Total Shares Held: 0
Votes Polled: 0
Percentage of Votes Polled: 0%
Public Non-Institutions
Total Shares Held: 12,653,396
Votes Polled via E-Voting: 4,891,868
Percentage of Votes Polled on Outstanding Shares: 38.6605%
Votes in Favor: 4,891,817 (99.999% of votes polled)
Votes Against: 51 (0.001% of votes polled)
Scrutinizer's Findings and Conclusions
The scrutinizer confirmed the remote e-voting process was conducted fairly and transparently.
Votes were unblocked in the presence of two witnesses not employed by the Company.
The scrutinizer maintained a register of votes in accordance with the Companies (Management and Administration) Rules, 2014.
Conclusion: Resolution No. 1 was passed with the requisite majority.
All relevant e-voting records were placed in the scrutinizer's safe custody and will be handed over to the Chairman for safekeeping.
Compliance with Laws and Regulations
The process complied with Sections 108 and 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014.
The company adhered to SEBI LODR Regulations 30 and 44.
The notice was sent electronically to members whose email addresses were registered with the Company/Depositories as of the cut-off date.
Signatories and Roles
Gaurav Rajesh Jhunjhunwala, Company Secretary & Compliance Officer, signed the disclosure letter to NSE on June 5, 2026.
CS Shilpi Thapar (Membership No.: 5492), Practicing Company Secretary, prepared and signed the Scrutinizer's Report.
