Event Overview

Porwal Auto Components Limited held an Extraordinary General Meeting (EGM) on Friday, 05th June, 2026 at 01:00 PM (IST) through Video Conferencing (VC) and Other Audio Visual Means (OAVM). The meeting was conducted to transact business as stated in the EGM Notice dated 12th May, 2026.

Voting Results Summary

All items of business mentioned in the EGM Notice were transacted and passed by members with requisite majority through e-voting facility. The total number of shareholders on record date was 7,709. Total 42 members attended the EGM through video conferencing (10 from promoter/promoter group and 32 from public).

Resolution Details

Resolution 1: Preferential Equity Issuance to Public

  • Description: Issuance and allotment of up to 17,54,384 Equity Shares of face value of ₹10/- each to the Public of the Company on Preferential basis on Private Placement Basis
  • Resolution Type: Special Resolution
  • Promoter Interest: Not applicable
  • Voting Results:
  • Total valid votes: 61,73,395
  • Votes in favor: 61,73,092 shares (99.99%)
  • Votes against: 300 shares (0.00%)
  • 49 members voted in favor, 3 members voted against

Resolution 2: Preferential Warrant Issuance to Promoters

  • Description: Issuance and allotment of up to 3,94,735 Warrants convertible into Equity shares of Face Value ₹10/- each to Promoter Group of the Company on Preferential basis on Private Placement Basis
  • Resolution Type: Special Resolution
  • Promoter Interest: Yes (promoters were interested parties)
  • Voting Results:
  • Total valid votes: 61,73,395
  • Votes in favor: 61,73,092 shares (99.99%)
  • Votes against: 300 shares (0.00%)
  • 49 members voted in favor, 3 members voted against

Scrutinizer Appointment and Process

Shraddha Jain, Practicing Company Secretary, was appointed as Scrutinizer on 08th May, 2026 at the Board of Directors meeting. Central Depository Services Limited (CDSL) was appointed as Service Provider for remote e-voting and e-voting at EGM.

Voting Timeline

  • Cut-off date for voting eligibility: Friday, 29th May, 2026
  • Book closure period: 30th May, 2026 to 05th June, 2026
  • Remote e-voting period: Tuesday, 02nd June 2026, 09:00 AM (IST) to Thursday, 04th June 2026, 05:00 PM (IST)
  • EGM date: Friday, 05th June 2026 at 01:00 PM (IST)

Communication and Advertisement

  • Notice of EGM dispatched by email on 12th May, 2026 to members with registered email IDs
  • Advertisement published in Free Press Journal (English) and Choutha Sansar (Hindi) on 12th May, 2026
  • Follow-up advertisement published on 13th May, 2026 as required under Rule 20

Share Capital Context

Total outstanding shares as per voting data: 1,51,00,000 shares

Promoter and Promoter Group holding: 61,11,221 shares (40.47%)

Public holding: 89,88,779 shares (59.53%)

Voting Participation

Total votes polled: 61,73,395 shares (40.88% of outstanding shares)

Promoter group voting participation: 28,62,500 shares (46.84% of their holding)

Public institutional voting: 33,10,895 shares (36.83% of their holding)

Certification

The scrutinizer's report was counter-signed by Hansika Mittal, Company Secretary of Porwal Auto Components Ltd, on 09th June, 2026 at Pithampur.