Popular Estate Management Limited submitted a scrutinizer report to BSE Limited regarding e-voting results from its 32nd Annual General Meeting held on September 7, 2026, at 2:30 PM through video conferencing/other audio-visual means.
Krishna Patel, Practicing Company Secretary, was appointed as Scrutinizer to oversee the e-voting process conducted through National Securities Depository Limited (NSDL). The remote e-voting period ran from September 3, 2026 (9:00 AM) to September 6, 2026 (5:00 PM), with additional e-voting available during the AGM for shareholders who hadn't voted remotely.
The cutoff date for determining voting eligibility was August 31, 2026, with voting rights proportional to shareholding in the paid-up share capital as of that date. Advertisement for the meeting was published in Fress Press (English) and Lokmitra (Gujarati) on August 15, 2026.
Voting Results:
ITEM NO. 1: Ordinary Resolution No. 1 - Adoption of audited standalone financial statements for FY ended March 31, 2026, and reports of Board of Directors and Auditors:
- Voted in favor: 21 members, 4,370,379 votes (99.99% of valid votes)
- Voted against: No members, no votes
- Invalid votes: No members, no votes
ITEM NO. 2: Ordinary Resolution No. 2 - Appointment of Mr. Het Patel (DIN: 06986909) as director retiring by rotation:
- Voted in favor: 9 members, 9,824 votes (99.94% of valid votes)
- Voted against: 1 member, 5 votes (0.06% of valid votes)
- Invalid votes: 13 members, 4,360,555 votes (promoter and promoter group votes considered invalid due to related party status)
ITEM NO. 3: Ordinary Resolution No. 3 - Appointment of M/s. Krishna Patel & Co., Company Secretary Firm (FCS No. 13029/C.P.No. 19828) as Secretarial Auditor and fixing their remuneration:
- Voted in favor: 21 members, 4,370,379 votes (99.99% of valid votes)
- Voted against: 1 member, 5 votes (0.0001% of valid votes)
- Invalid votes: No members, no votes
ITEM NO. 4: Ordinary Resolution No. 4 - Approval of material related party transactions:
- Voted in favor: 9 members, 9,824 votes (99.94% of valid votes)
- Voted against: 1 member, 5 votes (0.05% of valid votes)
- Invalid votes: 13 members, 4,360,555 votes (promoter and promoter group votes considered invalid due to related party status)
The e-voting system was locked by NSDL after the meeting concluded, and the electronic data was unblocked on September 7, 2026, witnessed by Dhanraj Vakode and Vishesh Jayantilala Panchal (both not employed by the company). All electronic voting records will be handed over to Vikram Patel, Director, for safekeeping.