Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Orient Ceratech Limited

Meeting Details

The deemed date of passing the resolution was Thursday, July 30, 2026, which was the last date of closure of the e-voting process. The results were declared at the Registered Office of the Company at Lawrence & Mayo Building, 3rd Floor, 276, D. N. Road, Fort, Mumbai - 400 001. The meeting was conducted entirely through postal ballot with remote e-voting, not a physical meeting.

Proposed Resolution and Implications

The single special resolution sought shareholder approval for the regularization of reappointment of Mr. Ketan Shrimankar (DIN: 00452468) as Non-Executive Independent Director of the Company for a second term of two consecutive years commencing from August 11, 2026.

Voting Process and Methods

The Board of Directors proposed the postal ballot via resolution on June 18, 2026, pursuant to Section 108 and Section 110 of the Companies Act, 2013 and relevant rules. The company appointed Central Depository Services (India) Limited (CDSL) as the agency to provide the e-voting platform. The cut-off date for membership was June 26, 2026. The postal ballot notice was dispatched to members on June 30, 2026. The voting period commenced on July 1, 2026, at 9:00 AM IST and ended on July 30, 2026, at 5:00 PM IST. Members were informed about the completion of dispatch via newspaper advertisements in Free Press Journal (English) and Navshakti (Marathi) on July 1, 2026.

Voting Outcomes

Total Votes Cast: 76,429,701 votes representing 63.88% of total outstanding shares (119,639,200 shares).

Resolution Result: The special resolution was approved with 99.99% of votes cast in favor (76,418,350 votes) and 0.01% against (11,351 votes).

Participation Breakdown by Shareholder Category:

  • Promoter and Promoter Group: Held 76,443,765 shares. Voted 76,278,450 shares (99.78% of their holding). 100% voted in favor.
  • Public Institutions: Held 15,943,531 shares. No votes cast (0% participation).
  • Public Non-Institutions: Held 27,251,904 shares. Voted 151,251 shares (0.56% of their holding). 92.50% voted in favor (13,990 votes), 7.50% voted against (11,351 votes).

Scrutinizer's Role and Findings

Mrs. Dipti Gohil (ACS No. 14736, COP No. 11029), Practicing Company Secretary, was appointed as Scrutinizer to conduct the postal ballot process in a fair and transparent manner. She submitted her report after due scrutiny of all e-voting confirmations received by July 30, 2026. The results were declared by Mr. Krupal Upadhyay, Company Secretary and Compliance Officer, as duly authorized by the Chairman of the Company.

Compliance Confirmation

The process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013; Rule 20 and Rule 22 of Companies (Management and Administration) Rules, 2014; General Circular Nos. 14/2020, 17/2020, and 3/2025; Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015; Secretarial Standard on General Meetings (SS-2); and other applicable laws.