Oriental Rail Shareholders Ratify Fund Utilization Variation

Key Resolution

The single item put to vote was a Special Resolution: "To consider and approve ratification of shareholders' approval for variation in the utilization of funds raised through the preferential issue."

Voting Process and Timeline

• The Postal Ballot Notice was dated August 07, 2026.
• The remote e-voting period commenced on Tuesday, August 11, 2026, at 9:00 AM IST.
• The voting concluded on Wednesday, September 09, 2026, at 5:00 PM IST.
• The cut-off date for determining shareholder eligibility to vote was Friday, August 07, 2026.
• The scrutinizer for the process was Mr. Shiv Hari Jalan (Practicing Company Secretary, Membership No.: F5703, CP No.: 4226).
• The e-voting facility was provided by National Securities Depository Limited (NSDL).

Voting Results

Based on the Scrutinizer's Report dated September 09, 2026, the resolution was passed with the requisite majority. The detailed results are as follows:

Overall Result

• Total Outstanding Shares: 67,059,000
• Total Votes Polled: 40,755,737
• Percentage of Votes Polled: 60.7759% of outstanding shares
• Votes in Favor: 40,750,619
• Votes Against: 5,118
• Result: The resolution is passed.

Category-wise Breakdown

1. Promoter and Promoter Group

• Shares Held: 38,685,500
• Votes Polled: 36,639,000 (94.7099% of their holding)
• All votes (36,639,000) were cast in favor of the resolution.
• Votes Against: 0

2. Public Institutions

• Shares Held: 131,181
• Votes Polled: 0 (0.0000% of their holding)
• Votes in Favor: 0
• Votes Against: 0

3. Public - Non Institutions

• Shares Held: 28,242,319
• Votes Polled: 4,116,737 (14.5765% of their holding)
• Votes in Favor: 4,111,619
• Votes Against: 5,118

Scrutinizer's Tally

• Total Valid Votes Cast: 40,755,737
• Votes in Favor: 40,750,619 (99.9874% of valid votes)
• Votes Against: 5,118 (0.0126% of valid votes)
• Invalid Votes: 0
• The votes came from 147 unique user IDs (141 in favor, 6 against).

Effective Date

The resolution is deemed to have been passed on Wednesday, September 09, 2026, the last date of the e-voting process.

Documents and Disclosure

• The voting results and the scrutinizer's report were uploaded to the company's website (https://www.orientalrail.com/) and the NSDL e-voting website (www.evoting.nsdl.com).
• The report was witnessed by Mr. Jata Shankar Vishwakarma and Mr. Swapnil Gamare during the download from the NSDL portal on September 09, 2026, at 05:09 PM.

Financial Impact

Financial impact is not quantified in the disclosure.