Meeting Details

The Extraordinary General Meeting of Nazara Technologies Limited was held on Monday, August 10, 2026, through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in accordance with circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The meeting commenced at 11:30 A.M. (IST).

Proposed Resolutions and Implications

The EGM considered three resolutions regarding board composition and leadership:

1. Resolution No. 1 (Ordinary Resolution): Appointment of Mr. Mithun Padam Sacheti (DIN: 01683592) as a Non-Executive Director, liable to retire by rotation.

2. Resolution No. 2 (Special Resolution): Appointment of Mr. Muraarie Rajan (DIN: 02756837) as an Independent Director of the Company.

3. Resolution No. 3 (Special Resolution): Re-designation of Mr. Vikash Mittersain (DIN: 00156740) as Founding Chairman in the category of Non-Executive Director of the Company and approval of his remuneration.

Voting Process and Methods

The voting process utilized remote e-voting and e-voting during the EGM through the platform/facility offered by Central Depository Services Limited (CDSL).

  • Remote e-voting period: Commenced on Wednesday, August 05, 2026 at 9:00 A.M. (IST) and ended on Sunday, August 09, 2026 at 5:00 P.M. (IST).
  • Cut-off date for voting: Monday, August 03, 2026.
  • Notice dispatch: Completed on Friday, July 17, 2026, through electronic mode to members whose email addresses were registered with the Company/Depositories as on Friday, July 10, 2026.
  • Advertisement publication: Published in English and vernacular language on Thursday, July 16, 2026, and about completion of dispatch on Saturday, July 18, 2026.

Key Voting Outcomes

Overall Participation

  • Total shareholders as on cut-off date: 98,356
  • Shareholders present through Video Conferencing: Promoter & Promoter Group (09), Public Shareholders (45)
  • Total votes cast: 161,021,679 shares (43.46% of outstanding shares)
  • Total shareholders who voted: 257 across all resolutions
  • No invalid votes were recorded in any resolution

Resolution No. 1 Results (Ordinary Resolution)

  • Total votes for: 160,847,905 (99.892%)
  • Total votes against: 173,774 (0.108%)
  • Shareholders for: 245
  • Shareholders against: 12

Resolution No. 2 Results (Special Resolution)

  • Total votes for: 161,018,784 (99.998%)
  • Total votes against: 2,895 (0.002%)
  • Shareholders for: 245
  • Shareholders against: 7

Resolution No. 3 Results (Special Resolution)

  • Total votes for: 160,316,103 (99.562%)
  • Total votes against: 705,576 (0.438%)
  • Shareholders for: 232
  • Shareholders against: 21

Category-wise Voting Breakdown

Resolution No. 1:
  • Promoter & Promoter Group: 106,107,008 votes (100% for, 0% against)
  • Public Institutions: 33,138,926 votes (99.4843% for, 0.5157% against)
  • Public Non-Institutions: 21,775,745 votes (99.9869% for, 0.0131% against)
Resolution No. 2:
  • Promoter & Promoter Group: 106,107,008 votes (100% for, 0% against)
  • Public Institutions: 33,138,926 votes (100% for, 0% against)
  • Public Non-Institutions: 21,775,745 votes (99.9867% for, 0.0133% against)
Resolution No. 3:
  • Promoter & Promoter Group: 106,107,008 votes (100% for, 0% against)
  • Public Institutions: 33,138,926 votes (97.877% for, 2.123% against)
  • Public Non-Institutions: 21,775,745 votes (99.9906% for, 0.0094% against)

Scrutinizer's Role and Findings

CS Sandhya R. Malhotra, Partner of M/s. Manish Ghia & Associates, Company Secretaries, Mumbai, was appointed as the Scrutinizer to scrutinize the entire voting process. The scrutinizer confirmed:

  • The e-voting process complied with MCA Circulars and applicable SEBI Circulars
  • Votes were unblocked in the presence of independent witnesses (Ms. Sneha Yadav and Ms. Amruta Zeple)
  • Shareholding data was matched/confirmed with the Register of Members/List of Beneficiaries
  • There were no invalid votes in remote e-voting or during the EGM
  • All resolutions passed with requisite majority

Compliance Confirmation

The Company confirmed compliance with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013
  • Rule 20 of Companies (Management and Administration) Rules, 2014
  • Various MCA and SEBI circulars regarding conduct of EGMs through VC/OAVM