Key Event
The EGM was held on Monday, June 08, 2026 at 3:30 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) to consider a special resolution regarding "Issue of Convertible Warrants on a Preferential Basis."
Voting Results
The special resolution was passed by members with requisite majority. The consolidated voting results show:
- Total votes cast in favor: 228,525,983 (99.99%)
- Total votes cast against: 2,106 (0.01%)
- Number of members voting: 76
- No invalid votes were recorded
Voting Process Details
- Cut-off date for voting eligibility: June 01, 2026
- Remote e-voting period: June 05, 2026 (9:00 a.m. IST) to June 07, 2026 (5:00 p.m. IST)
- E-voting facility provided by National Securities Depository Limited (NSDL)
- Members present at EGM were also provided e-voting facility if they hadn't voted remotely
- Voting process scrutinized by Mr. Mahesh Darji, Practising Company Secretary of M/s. Nilesh Shah & Associates
Additional Information
The voting results and Scrutinizer's Report have been uploaded on the Company's website at www.onida.com.
The Scrutinizer's report was prepared by Mahesh Darji, Partner, Company Secretary (Membership No. FCS 7175, CP No. 7809, Peer Review No. 7810/2026) of M/s. Nilesh Shah and Associates, Company Secretaries.
Financial Impact
Financial impact of the preferential warrant issue is not quantified in this disclosure. The impact will be determined upon actual issuance and conversion of warrants.