Voting Process Details

  • Type of meeting: Postal Ballot
  • Record date: 24th July, 2026
  • Total shareholders on record date: 1,805
  • Voting period: 1st August, 2026 (9:00 AM IST) to 30th August, 2026 (5:00 PM IST)
  • E-voting service provider: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Rohit Bhatia of Rohit Bhatia & Associates (Firm Unique Code: S2021HR836700)
  • Scrutinizer appointment date: 29th July, 2026
  • Scrutinizer report date: 31st August, 2026

Voting Results Summary

Total resolutions passed: 4 Special Resolutions

Total shares outstanding: 5,103,000 equity shares of ₹10 each

Total votes polled: 623,632 shares (12.22% of outstanding shares)

Number of members voted: 50

Invalid votes: 0

Resolution Details

Resolution 1: Increase in Authorized Share Capital

  • Resolution type: Special Resolution
  • Description: Increase in the Authorized Share Capital and consequent Alteration of Memorandum of Association
  • Promoter interest: No
  • Votes in favor: 623,573 shares (99.9905%)
  • Votes against: 59 shares (0.0095%)
  • Result: Passed

Resolution 2: Issuance of Convertible Warrants

  • Resolution type: Special Resolution
  • Description: Issuance of Convertible Warrants on a Preferential basis and matters related therewith
  • Promoter interest: No
  • Votes in favor: 623,573 shares (99.99%)
  • Votes against: 59 shares (0.01%)
  • Result: Passed

Resolution 3: Borrowing Authorization

  • Resolution type: Special Resolution
  • Description: To authorize the board to borrow money pursuant to Section 180(1)(c) of Companies Act, 2013
  • Promoter interest: No
  • Votes in favor: 623,573 shares (99.99%)
  • Votes against: 59 shares (0.01%)
  • Result: Passed

Resolution 4: Investment and Loan Authorization

  • Resolution type: Special Resolution
  • Description: To authorize the board to make investments, give loans, guarantees and security in excess of limits specified under Section 186 of the Companies Act, 2013
  • Promoter interest: No
  • Votes in favor: 623,573 shares (99.99%)
  • Votes against: 59 shares (0.01%)
  • Result: Passed

Scrutinizer Report Findings

  • All resolutions passed with requisite majority of 99.99% votes in favor
  • Voting conducted exclusively through remote e-voting system (no physical voting)
  • No invalid votes recorded
  • Vote breakdown: 37 members voted in favor (623,573 shares), 13 members voted against (59 shares)

Company Officials

  • Signing director: Hemant Shantilal Mehta (DIN: 05303980)
  • Countersigning officer: Monil Navinchandra Vora, CEO (DIN/PAN: AJPPV4024R)