EGM Details

  • Meeting Type: Extraordinary General Meeting
  • Date & Time: Monday, October 5, 2026, at 1600 Hrs. (IST)
  • Venue: Dewang Mehta Auditorium, 'Bhageerath', 402 Senapati Bapat Road, Pune-411016 (Maharashtra, India)
  • Mode: Hybrid (in-person and through Video Conferencing/Other Audio-Visual Means)
  • Cut-off Date: Friday, September 25, 2026 (for shareholder eligibility)

Scrutiniser Appointment

  • Scrutiniser: Sridhar Mudaliar, Partner of SVD & Associates, Company Secretaries
  • Appointment Date: September 2, 2026, by the Board of Directors
  • Regulatory Basis: Section 108 of Companies Act, 2013 and Rule 20 & 21 of Companies (Management and Administration) Rules, 2014

Voting Process Details

  • Remote e-voting period: September 28, 2026 (0900 Hrs.) to October 4, 2026 (1700 Hrs.)
  • E-voting platform: National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com/
  • Voting methods: Remote e-voting, e-voting at EGM, and physical ballot paper voting
  • Notice dissemination: Email to members on September 12, 2026, and published on company website
  • Newspaper advertisement published: Sunday, September 13, 2026

Resolution Outcomes

All four special business resolutions were duly passed with requisite majority:

Resolution 1: Alteration of Articles of Association

  • Type: Special
  • Total votes cast: 124,869,787 shares
  • Votes in favour: 124,817,215 shares (99.96%)
  • Votes against: 52,572 shares (0.04%)
  • Invalid votes: 471,710 shares (20 members)
  • Abstained/Not voted: 67,236 shares (13 members)

Resolution 2: Increase Borrowing Limit to USD 1,250 million

  • Type: Special
  • Total votes cast: 124,832,097 shares
  • Votes in favour: 123,594,301 shares (99.0084%)
  • Votes against: 1,237,796 shares (0.9916%)
  • Invalid votes: 471,710 shares (20 members)
  • Abstained/Not voted: 104,926 shares (12 members)
  • Note: 6 shareholders holding 626,604 equity shares partially voted (49,781 in favour, 576,823 against)

Resolution 3: Creation of Charge/Pledge/Hypothecation/Mortgage for Debt Financing

  • Type: Special
  • Total votes cast: 124,832,097 shares
  • Votes in favour: 123,594,010 shares (99.0082%)
  • Votes against: 1,238,087 shares (0.9918%)
  • Public shareholder votes (Regulation 37A): 77,610,448 shares total
  • Public votes in favour: 76,372,361 shares (98.4047%)
  • Public votes against: 1,238,087 shares (1.5953%)
  • Invalid votes: 471,710 shares (20 members)
  • Abstained/Not voted: 104,926 shares (12 members)
  • Note: 6 shareholders holding 626,604 equity shares partially voted (49,781 in favour, 576,823 against)

Resolution 4: Issuance of Securities up to USD 450 million

  • Type: Special
  • Total votes cast: 124,869,820 shares
  • Votes in favour: 124,562,626 shares (99.7540%)
  • Votes against: 307,194 shares (0.2460%)
  • Invalid votes: 471,710 shares (20 members)
  • Abstained/Not voted: 67,203 shares (12 members)