Meeting Details

  • Date: Wednesday, 22nd July 2026
  • Time: 3:30 p.m. IST (concluded at 6:23 p.m. IST)
  • Location: Conducted through Video Conferencing
  • Type: 30th Annual General Meeting

Proposed Resolutions and Outcomes

All three ordinary resolutions proposed in the AGM notice were approved by members with requisite majority:

1. Item No. 1: Consideration and adoption of Audited Standalone Financial Statements for financial year ended 31st March 2026 and reports of Board of Directors and Statutory Auditors

  • Result: Passed

2. Item No. 2: Consideration and adoption of Audited Consolidated Financial Statements for financial year ended 31st March 2026 and report of Statutory Auditors

  • Result: Passed

3. Item No. 3: Re-appointment of Mr. C.P. Gurnani (DIN: 00018234) as a Director liable to retire by rotation

  • Result: Passed

Voting Process and Methods

  • Remote e-voting period: 17th July 2026 (9:00 AM IST) to 21st July 2026 (5:00 PM IST)
  • E-voting at AGM: Provided to shareholders attending through VC/OAVM who had not voted remotely
  • Cut-off date: 15th July 2026 for determining voting entitlements
  • Scrutinizer: Mukesh Siroya of M Siroya and Company, Practicing Company Secretaries
  • Voting system provider: KFin Technologies Limited

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 100,761
  • Total paid-up equity share capital: 202,056,152 equity shares
  • Total votes polled: 165,209,889 shares (81.7643% of outstanding shares)
  • Shareholders attending meeting: 82 (3 promoter folios + 79 public)

Share Capital Exclusions

  • 366,624 shares (0.18%) held by Employee Stock Option Trust - not entitled to vote
  • 10,774 shares (0.01%) transferred to Investor Education and Protection Fund Authority - voting rights frozen
  • 187 shares (0.00%) in Unclaimed Shares Suspense Account - voting rights frozen

Resolution-wise Voting Details

Resolution 1: Adoption of Standalone Financial Statements

  • Total votes in favor: 165,196,923 (99.99% of votes polled)
  • Total votes against: 12,966 (0.01% of votes polled)
  • Invalid votes: 0
  • Abstained votes: 2,637 shares from 5 members

Resolution 2: Adoption of Consolidated Financial Statements

  • Total votes in favor: 165,196,922 (99.99% of votes polled)
  • Total votes against: 12,967 (0.01% of votes polled)
  • Invalid votes: 0
  • Abstained votes: 2,637 shares from 5 members

Resolution 3: Re-appointment of Mr. C.P. Gurnani

  • Total votes in favor: 164,488,128 (99.56% of votes polled)
  • Total votes against: 721,761 (0.44% of votes polled)
  • Invalid votes: 0
  • Abstained votes: 2,637 shares from 5 members

Category-wise Voting Breakdown

Promoter & Promoter Group

  • Shares held: 134,835,922
  • Votes polled: 134,835,922 (100% participation)
  • All resolutions: 100% in favor, 0% against

Public Institutions

  • Shares held: 30,056,576
  • Votes polled: 28,662,480 (95.36% participation)
  • Resolutions 1 & 2: 100% in favor
  • Resolution 3: 97.53% in favor, 2.47% against

Public Non-Institutions

  • Shares held: 37,163,654
  • Votes polled: 1,711,487 (4.61% participation)
  • Resolutions 1 & 2: 99.24% in favor, 0.76% against
  • Resolution 3: 99.23% in favor, 0.77% against

Scrutinizer's Role and Findings

Mukesh Siroya was appointed scrutinizer to oversee both remote e-voting and e-voting during the AGM. The votes were unblocked on 22nd July 2026 at 6:23 PM in the presence of two independent witnesses (Ms. Komal Baldania and Ms. Urvashi Karasi). The scrutinizer reconciled the votes with company records and confirmed all resolutions passed with requisite majority.

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021

Additional Information

The voting results and scrutinizer's report are available on the company website (https://www.clubmahindra.com/investors/investor-information/shareholdermeetings) and KFin Technologies website (https://evoting.kfintech.com), and displayed at the company's registered office notice board.