Meeting Details
- Type of Meeting: Postal Ballot (No physical meeting was held)
- Cut-off Date: May 15, 2026
- Voting Period: The remote e-voting commenced on Friday, May 22, 2026 (09:00 A.M. IST) and ended on Saturday, June 20, 2026 (05:00 P.M. IST).
- Result Date: The results were scrutinized and reported on June 22, 2026.
Proposed Resolution and Implications
A single ordinary resolution was proposed for shareholder approval:
- Ordinary Resolution: Re-appointment of Mr. Amulya Gupta as a Whole Time Director of the Company for a period of 5 (Five) years, effective from June 24, 2026.
The promoters/promoter group were noted as interested in this resolution.
Voting Process and Methods
- The voting was conducted entirely through remote e-voting facility provided by the National Securities Depository Limited (NSDL) on its website www.evoting.nsdl.com.
- No physical polling or postal ballot forms were used; the process was conducted as per MCA Circulars.
- The e-voting was unblocked on June 20, 2026, after 05:00 P.M. IST in the presence of two independent witnesses, Ms. Sonali and Mr. Naveen, who are not employees of the company.
Key Voting Outcomes
Overall Voting Summary
- Total Shareholders on Cut-off Date: 1,09,304
- Total Number of Votes Cast (Shares): 9,29,31,121
- Percentage of Votes Polled: 81.535% of the total outstanding shares
- Votes in Favor: 9,29,28,905 (99.998% of votes cast)
- Votes Against: 2,216 (0.002% of votes cast)
Category-wise Voting Breakdown
Promoters and Promoter Group
- Total Votes Cast: 8,62,50,078 shares (100.000% of their holding)
- Votes in Favor: 8,62,50,078 (100.000%)
- Votes Against: 0 (0.000%)
- Mode of Voting: E-Voting only
Public Shareholders - Institutions
- Total Shares Held: 1,16,45,867
- Votes Cast: 65,28,729 shares (56.060% of their holding)
- Votes in Favor: 65,28,660 (99.999% of votes cast by institutions)
- Votes Against: 69 (0.001% of votes cast by institutions)
- Mode of Voting: E-Voting only
Public Shareholders - Non-Institutions
- Total Shares Held: 1,60,81,469
- Votes Cast: 1,52,314 shares (0.947% of their holding)
- Votes in Favor: 1,50,167 (98.590% of votes cast by non-institutions)
- Votes Against: 2,147 (1.410% of votes cast by non-institutions)
- Mode of Voting: E-Voting only
Voter Participation Details (Annexure-A)
- Total Voters (through e-voting): 391
- Invalid Votes: 0
- Net Valid Votes Cast: 391 voters holding 9,29,31,121 shares
- Voters in Favor: 343 voters holding 9,29,28,905 shares
- Voters Against: 48 voters holding 2,216 shares
Scrutinizer's Role and Findings
- Mr. Amit Kumar Shukla, Proprietor of M/s Amit Shukla & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer by the Board of Directors in their meeting held on May 16, 2026.
- His role was to scrutinize the postal ballot process in a fair and transparent manner under the provisions of the Companies Act, 2013, and SEBI LODR Regulations.
- The Scrutinizer confirmed that the remote e-voting process was monitored through a secured link provided by NSDL.
- He reconciled the e-voting report with the register of members as of the cut-off date.
- Conclusion: The Scrutinizer concluded that the resolution was passed as an Ordinary Resolution and requested the Chairman and Managing Director to formally announce the results.
Compliance Confirmation
- The disclosure confirms compliance with:
- Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
- Sections 108 and 110 of the Companies Act, 2013.
- Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014.
- MCA General Circular No. 09/2024 dated September 19, 2024, and other applicable circulars.
- The documents, including the voting results and the Scrutinizer's report, were uploaded on the company's website (https://oswalpumps.com/) and the NSDL website.