Meeting Details

  • Type of Meeting: Postal Ballot
  • Record Date: 4th September 2026
  • Voting Period: Saturday, September 12, 2026 at 09:00 AM IST to Sunday, October 11, 2026 at 05:00 PM IST
  • Date of Result Declaration: 11th October 2026
  • Total Number of Shareholders on Record Date: 22,673

Proposed Resolutions and Implications

Four resolutions were proposed for shareholder approval:

1. Special Resolution: Appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375) as Non-Executive and Independent Director

2. Special Resolution: Appointment of Ms. Purvi Jayendra Bhavsar (DIN: 02102740) as Non-Executive and Independent Director

3. Ordinary Resolution: Approval for payment of Remuneration to Ms. Tanisha Mangal, Holding an Office or Place of Profit

4. Ordinary Resolution: Approval for payment of Remuneration to Ms. Honey Mangal, Holding an Office or Place of Profit

The promoter/promoter group was not interested in resolutions 1 and 2, but was interested in resolutions 3 and 4.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting via MUFG Intime India Private Limited's platform (https://instavote.linkintime.co.in). No physical polling or postal ballot voting methods were used.

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 329,555,600
  • Total Votes Polled: 242,034,014 shares (73.4425% of outstanding shares)
  • No invalid votes were recorded across all resolutions

Resolution-wise Results

Resolution 1 (Mr. Ramesh Kumar Agrawal Appointment)

  • Total Votes Polled: 242,034,014 shares
  • Votes in Favor: 242,019,549 shares (99.9940% of votes polled)
  • Votes Against: 14,465 shares (0.0060% of votes polled)
  • Result: Passed

Resolution 2 (Ms. Purvi Jayendra Bhavsar Appointment)

  • Total Votes Polled: 242,034,014 shares
  • Votes in Favor: 242,019,506 shares (99.9940% of votes polled)
  • Votes Against: 14,508 shares (0.0060% of votes polled)
  • Result: Passed

Resolution 3 (Ms. Tanisha Mangal Remuneration)

  • Total Votes Polled: 242,034,014 shares
  • Votes in Favor: 242,019,448 shares (99.9940% of votes polled)
  • Votes Against: 14,566 shares (0.0060% of votes polled)
  • Result: Passed

Resolution 4 (Ms. Honey Mangal Remuneration)

  • Total Votes Polled: 240,892,014 shares (73.0960% of outstanding shares)
  • Votes in Favor: 240,877,491 shares (99.9940% of votes polled)
  • Votes Against: 14,523 shares (0.0060% of votes polled)
  • Result: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 238,548,040
  • Votes Polled: 238,548,040 (100% of shares held)
  • Voted 100% in favor on all resolutions where not interested
  • On resolution 4 (where interested): 237,406,040 votes polled (99.5213% of shares held), all in favor

Public Institutions

  • Shares Held: 92,573
  • No votes polled from this category

Public Non-Institutions

  • Shares Held: 90,914,987
  • Votes Polled: 3,485,974 shares (3.8343% of shares held)
  • Approval rates ranged from 99.5822% to 99.5851% across resolutions

Scrutinizer's Role and Findings

Mr. Rajesh Parekh of M/s. RPSS & Co. (Firm's Name), Company Secretary (Membership Number: A8073), was appointed as Scrutinizer by the Board of Directors on 8th September 2026. His report dated 12th October 2026 confirmed:

  • The e-voting process was conducted in compliance with Section 110 of the Companies Act, 2013 and Rule 22 of the Companies (Management and Administration) Rules, 2014
  • The voting was scrutinized following MCA Circulars and SEBI LODR regulations
  • The result was unblocked and downloaded from MUFG Intime's website at 11:37 AM on 12th October 2026 in the presence of witnesses Mr. Sharvil B. Suthar and Mr. Jay Surti
  • All electronic data containing voting details was submitted to the company

Compliance Confirmation

The document confirms compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 and 110 of the Companies Act, 2013
  • Companies (Management and Administration) Rules 2014
  • Relevant MCA Circulars regarding e-voting procedures

Additional Information

The voting results are available on the company's website (www.groupmangalam.com), stock exchange websites (BSE and NSE), and the e-voting website of MUFG Intime India Private Limited.