NINtec Systems Limited has disclosed the voting results and scrutinizer's report for its 11th Annual General Meeting (AGM) held on Friday, 18th September, 2026 at 03:00 PM through Video Conferencing/Other Audio Visual Means. The meeting concluded at 03:13 PM.
The disclosure is made in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
Voting Process and Participation
The record date for determining shareholders eligible to vote was 11th September, 2026. On this date, there were 7,400 total shareholders.
Shareholder Participation:
- 2 promoters/promoter group members attended via video conferencing
- 42 public shareholders attended via video conferencing
- No shareholders attended in person or through proxy
The e-voting period commenced on 15th September, 2026 (09:00 AM) and concluded on 17th September, 2026 (05:00 PM). Votes were unblocked on 18th September, 2026 in the presence of two witnesses: Ms. Khushbu Vora and Ms. Meena Vora.
Voting Results for Resolutions
All five ordinary resolutions were passed unanimously with 100% votes in favor:
Resolution 1: Adoption of Audited Standalone Financial Statements
- Total valid votes cast: 12,012,027 (64.6642% of outstanding shares)
- Votes in favor: 12,012,027 (100%)
- Votes against: 0
- Invalid votes: 0
- 47 members voted (45 remote e-voting, 2 at AGM)
Breakdown by shareholder category:
- Promoter & Promoter Group: 6,851,250 votes (77.439% of their holding)
- Public Institutions: 0 votes (0% of their holding)
- Public Non-Institutions: 5,160,777 votes (53.0653% of their holding)
Resolution 2: Adoption of Audited Consolidated Financial Statements
- Total valid votes cast: 12,012,027 (64.6642% of outstanding shares)
- Votes in favor: 12,012,027 (100%)
- Votes against: 0
- Invalid votes: 0
- 47 members voted (45 remote e-voting, 2 at AGM)
Breakdown by shareholder category:
- Promoter & Promoter Group: 6,851,250 votes (77.439% of their holding)
- Public Institutions: 0 votes (0% of their holding)
- Public Non-Institutions: 5,160,777 votes (53.0653% of their holding)
Resolution 3: Re-appointment of Mrs. Rachana Gemawat (DIN: 02029832) as Director
- Total valid votes cast: 12,012,027 (64.6642% of outstanding shares)
- Votes in favor: 12,012,027 (100%)
- Votes against: 0
- Invalid votes: 0
- 47 members voted (45 remote e-voting, 2 at AGM)
- Promoters were interested in this resolution
Breakdown by shareholder category:
- Promoter & Promoter Group: 6,851,250 votes (77.439% of their holding)
- Public Institutions: 0 votes (0% of their holding)
- Public Non-Institutions: 5,160,777 votes (53.0653% of their holding)
Resolution 4: Appointment of M/s J. T. Shah & Co., Chartered Accountants (Firm Registration No. 109616W) as Statutory Auditors
- Total valid votes cast: 12,012,027 (64.6642% of outstanding shares)
- Votes in favor: 12,012,027 (100%)
- Votes against: 0
- Invalid votes: 0
- 47 members voted (45 remote e-voting, 2 at AGM)
Breakdown by shareholder category:
- Promoter & Promoter Group: 6,851,250 votes (77.439% of their holding)
- Public Institutions: 0 votes (0% of their holding)
- Public Non-Institutions: 5,160,777 votes (53.0653% of their holding)
Resolution 5: Re-appointment of Mr. Niraj Chhaganraj Gemawat (DIN: 00030749) as Managing Director
- Total valid votes cast: 8,637,027 (46.4956% of outstanding shares)
- Votes in favor: 8,637,027 (100%)
- Votes against: 0
- Invalid votes: 0
- 46 members voted (44 remote e-voting, 2 at AGM)
- One member abstained from voting
- Promoters were interested in this resolution
Breakdown by shareholder category:
- Promoter & Promoter Group: 3,476,250 votes (39.2917% of their holding)
- Public Institutions: 0 votes (0% of their holding)
- Public Non-Institutions: 5,160,777 votes (53.0653% of their holding)
Scrutinizer Details
Tushar Vora of Tushar Vora and Associates, a Practicing Company Secretary (Membership No. 3459, COP: 1745), was appointed as scrutinizer at the board meeting held on 11th August, 2026. He issued the scrutinizer's report on 18th September, 2026.
Additional Information
The company's total outstanding shares as of record date: 18,576,000
Shareholding pattern:
- Promoter & Promoter Group: 8,847,283 shares
- Public Institutions: 3,381 shares
- Public Non-Institutions: 9,725,336 shares
The voting information is available on the company's website (www.nintecsystems.com) and NSDL's website (www.evoting.nsdl.com).