Voting Results Summary

Powerica Limited announced the results of the postal ballot conducted for the appointment of Mr. Rabindra Nath Nayak (DIN: 02658070) as an Independent Director of the Company.

Key Voting Statistics:

  • Total valid electronic votes received: 120,373,786
  • Votes in favor of the resolution: 120,373,221 (99.9995%)
  • Votes against the resolution: 565 (0.0005%)

Voting Process Details

  • Cut-off date: May 8, 2026
  • Total shareholders on record date: 14,440
  • Voting period: May 12, 2026 (9:00 AM IST) to June 10, 2026 (5:00 PM IST)
  • Shareholders participated: 206 members
  • E-voting service provider: National Securities Depository Limited (NSDL)
  • Public notice published: Financial Express (English) and Navshakti (Marathi) on May 12, 2026

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares held: 97,674,965
  • Votes polled: 97,348,565 (99.6658% of shares held)
  • Votes in favor: 97,348,565 (100% of votes polled)
  • Votes against: 0

Public Institutions:

  • Shares held: 26,213,321
  • Votes polled: 22,999,973 (87.7415% of shares held)
  • Votes in favor: 22,999,973 (100% of votes polled)
  • Votes against: 0

Public Non-Institutions:

  • Shares held: 2,663,591
  • Votes polled: 25,248 (0.9479% of shares held)
  • Votes in favor: 24,683 (97.7622% of votes polled)
  • Votes against: 565 (2.2378% of votes polled)

Scrutinizer Appointment and Report

  • Scrutinizer: Martinho Ferrao of Martinho Ferrao & Associates (Membership No.: 6221)
  • Appointment date: April 21, 2026 (Board Meeting date)
  • Report issuance date: June 10, 2026
  • Qualifications: Company Secretary

The scrutinizer confirmed compliance with Sections 108 and 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management & Administration) Rules, 2014, and Regulation 44 of SEBI Listing Regulations.

Result Declaration

The resolution was declared as passed with requisite majority. The results were to be declared on or before June 12, 2026 as intimated to the stock exchanges.

Document Availability

The scrutinizer's report and voting results have been uploaded on the company's website at https://www.powericaltd.com/investor-relations/postal-ballot and on NSDL's website at www.evoting.nsdl.com.