Meeting Details

The postal ballot was conducted entirely through remote e-voting. The last date for receipt of votes was Thursday, 27th August, 2026 at 5:00 PM IST. There was no physical meeting. The record date for determining shareholder eligibility was Friday, 24th July, 2026.

Proposed Resolution and Implications

The single resolution proposed was a Special Resolution for 'Alteration in Objects Clause of the Memorandum of Association of the Company.' The passing of this resolution enables the company to modify the fundamental objectives for which it was incorporated, as outlined in its MOA.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) at www.evotingindia.com. The e-voting period was from Tuesday, 28th July 2026 (9:00 AM IST) to Thursday, 27th August 2026 (5:00 PM IST).

Key Voting Outcomes

Overall Participation:

  • Total number of shareholders on record date: 89,416
  • Total number of shares outstanding on record date: 70,400,000
  • Total votes cast: 48,434,581 shares
  • Percentage of votes polled from outstanding shares: 68.7991%
  • Total number of folios (shareholder accounts) that voted: 442

Resolution Outcome:

  • Number of votes in favour: 48,432,328 (99.99535% of votes cast)
  • Number of votes against: 2,253 (0.00465% of votes cast)
  • Number of abstained votes: 0

Category-Wise Voting Breakdown:

  • Promoter and Promoter Group: Held 45,580,800 shares. All 45,580,800 shares (100%) were voted entirely in favour.
  • Public - Institutions: Held 4,186,090 shares. Voted 2,636,348 shares (62.9788% of their holding), all in favour.
  • Public - Non-Institutions: Held 20,633,110 shares. Voted 217,433 shares (1.0538% of their holding). Of these, 215,180 votes (98.9638%) were in favour and 2,253 votes (1.0362%) were against.

Scrutinizer's Role and Findings

Priti Todi, Partner of M/s. Bajaj Todi & Associates, Practising Company Secretaries, was appointed as the Scrutinizer. The scrutinizer's responsibilities were limited to reporting the votes cast for and against based on reports generated by CDSL's e-voting system. The votes were unblocked on 27th August 2026 after 5:00 PM IST in the presence of two independent witnesses. The scrutinizer certified that the process was fair and transparent and that the resolution was passed with the requisite majority on 27th August 2026.

Compliance Confirmation

The process was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, MCA General Circulars (including Nos. 14/2020, 17/2020, 09/2024, and 03/2025), and relevant SEBI circulars.

Additional Information

The full results and scrutinizer's report were hosted on the company's website (www.mstcindia.co.in) and CDSL's website (www.evotingindia.com). The company's registered office is at Plot No. CF18/2, Street No. 175, Action Area IC, New Town, Kolkata-700156, West Bengal.