Netweb Technologies India Limited has disclosed the voting results of a postal ballot conducted pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company sought shareholder approval through a postal ballot for a special resolution titled "RaisING OF FUNDS IN ONE OR MORE TRANCHES, BY ISSUANCE OF SECURITIES". The e-voting facility was provided through MUFG Intime India Private Limited.

Key Dates

  • Postal Ballot Notice Date: July 01, 2026
  • Voting Start Date: July 03, 2026 at 9:00 AM IST
  • Voting End Date: August 01, 2026 at 5:00 PM IST
  • Cut-off Date: June 30, 2026

Voting Participation

  • Total number of shareholders as on cut-off date: 246,943
  • Total votes cast: 45,506,847 shares (79.92% of outstanding shares)
  • Number of shareholders who voted: 799 (folio wise)
  • 2 members abstained from voting

Voting Results for Special Resolution

Overall Results:

  • Votes in Favor: 45,497,857 shares (99.98% of votes cast)
  • Votes Against: 8,990 shares (0.02% of votes cast)

Category-wise Breakdown:

Promoter and Promoter Group:

  • Shares held: 38,141,542
  • Votes polled: 38,137,942 shares (99.9906% of shares held)
  • Votes in Favor: 38,137,942 shares (100% of votes polled)
  • Votes Against: 0 shares (0% of votes polled)

Public Institutions:

  • Shares held: 8,642,510
  • Votes polled: 7,109,954 shares (82.2672% of shares held)
  • Votes in Favor: 7,103,373 shares (99.9074% of votes polled)
  • Votes Against: 6,581 shares (0.0926% of votes polled)

Public Non-Institutions:

  • Shares held: 10,156,635
  • Votes polled: 258,951 shares (2.5496% of shares held)
  • Votes in Favor: 256,542 shares (99.0697% of votes polled)
  • Votes Against: 2,409 shares (0.9303% of votes polled)

Scrutinizer's Report

Nikhil Jain of Nikhil Jain and Associates, Company Secretaries, was appointed as the Scrutinizer for the postal ballot process. The scrutinizer verified that the special resolution was passed by the requisite majority of shareholders.

One shareholder (SRIDHAR, Public Non-Institution) partially voted in favor (20 shares) and partially against (5 shares), representing a total of 25 shares.

Financial Impact

The resolution authorizes the company to raise funds through issuance of securities, but the disclosure does not specify the amount to be raised or the specific securities to be issued.