Meeting Details
The EOGM was duly convened on Saturday, November 07, 2026 at 12:30 p.m. (IST) through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting commenced at 12:30 p.m. and concluded at 01:01 p.m. The meeting was conducted in compliance with the Companies Act, 2013, SEBI Listing Regulations, and relevant circulars issued by the Ministry of Corporate Affairs and SEBI.
Proposed Resolutions and Implications
The EOGM considered four resolutions under Special Business:
1. Special Resolution: To consider and approve the cessation to exercise control over Brahma AI Holdings Limited and consequently over Brahma AI Services India Limited, the unlisted material subsidiaries of the Company.
2. Ordinary Resolution: To consider and approve material related party transaction between DNEG S.à.r.l. (unlisted material subsidiary) and Brahma AI Holdings Limited (unlisted material subsidiary).
3. Ordinary Resolution: To consider and approve material related party transaction between Double Negative Holdings Limited (unlisted subsidiary) and Brahma AI Holdings Limited (unlisted material subsidiary).
4. Ordinary Resolution: To approve the material related party transaction for platform license arrangement between DNEG S.à.r.l. and Brahma AI Holdings Limited.
All resolutions were passed with requisite majority.
Voting Process and Methods
The Company provided multiple voting methods:
- Remote e-voting period: Tuesday, November 03, 2026 at 9:00 a.m. (IST) to Friday, November 06, 2026 at 5:00 p.m. (IST)
- E-voting during the meeting through platform provided by Central Depository Services (India) Limited (CDSL)
- E-voting facility remained open until 15 minutes after closure of the meeting for members who attended but hadn't voted earlier
Key Personnel and Attendance
Company Representatives Present:
- Ms. Parina Shah, Company Secretary & Compliance Officer (Mumbai)
- Mr. Naresh Malhotra, Chairman & Whole-time Director
- Mr. Devarajan Samu, Independent Director
- Ms. Pooja Sood, Independent Director
- Mr. Nishant Fadia, Non-Executive Director
- Mr. Vikas Rathee, Chief Financial Officer
External Representatives Present:
- Representatives of Statutory Auditors
- Representatives of Secretarial Auditors
Scrutinizer Appointment:
Mr. Harshvardhan Tarkas, Company Secretary in Practice (Membership No. - ACS-30701, CP No. - 24169) was appointed as Scrutinizer to independently conduct and oversee the remote e-voting process and voting at the EOGM in a fair and transparent manner.
Compliance and Regulatory Aspects
The meeting was conducted in compliance with:
- Companies Act, 2013 and rules made thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- Relevant circulars issued by Ministry of Corporate Affairs and SEBI
- All statutory registers and documents were available for inspection during the meeting through electronic mode
Results Declaration Process
The Scrutinizer was required to submit e-voting results along with Consolidated Scrutinizer report on total votes cast 'in favour' or 'against' within stipulated time after conclusion of the EOGM. The Company committed to:
- Publish results on its website
- Publish on CDSL website
- Notify Stock Exchanges where shares are listed