Trading Symbol

PROTEAN (NSE)

Key Resolutions and Voting Results

Resolution 1: Appointment of Mr. Ajay Rajan as Director

  • Resolution Type: Ordinary Resolution
  • Director Details: Ajay Rajan (DIN: 09756949)
  • Effective Date: June 1, 2026
  • Voting Results:
  • Total Valid Votes: 68,80,459
  • Votes in Favor: 68,68,510 (99.8263%)
  • Votes Against: 11,949 (0.1737%)
  • Total Voters: 901
  • Status: Passed with requisite majority

Resolution 2: Appointment of Mr. Ajay Rajan as MD & CEO

  • Resolution Type: Special Resolution
  • Role: Managing Director & Chief Executive Officer
  • Term: 3 years effective June 1, 2026
  • Additional Approval: Minimum managerial remuneration
  • Voting Results:
  • Total Valid Votes: 68,80,487
  • Votes in Favor: 68,30,630 (99.2754%)
  • Votes Against: 49,857 (0.7246%)
  • Total Voters: 900
  • Status: Passed with requisite majority

Resolution 3: Appointment of Mr. Nandkumar Saravade as Independent Director

  • Resolution Type: Special Resolution
  • Director Details: Nandkumar Saravade (DIN: 07601861)
  • Role: Non-Executive Independent Director
  • Term: First term of 3 years effective June 1, 2026
  • Voting Results:
  • Total Valid Votes: 68,80,493
  • Votes in Favor: 68,66,773 (99.8006%)
  • Votes Against: 13,720 (0.1994%)
  • Total Voters: 901
  • Status: Passed with requisite majority

Detailed Voting Analysis by Shareholder Category

Resolution 1 Breakdown:

  • Total Outstanding Shares: 4,06,21,194
  • Total Votes Polled: 68,80,459 (16.9381% of outstanding shares)
  • Public Institutions: 66,20,716 votes (100% in favor)
  • Public Non-Institutions: 2,59,743 votes (95.3997% in favor, 4.6003% against)
  • Promoter Group: 0 votes polled

Resolution 2 Breakdown:

  • Total Votes Polled: 68,80,487 (16.9382% of outstanding shares)
  • Public Institutions: 66,20,716 votes (99.4465% in favor, 0.5535% against)
  • Public Non-Institutions: 2,59,771 votes (94.9140% in favor, 5.0860% against)
  • Promoter Group: 0 votes polled

Resolution 3 Breakdown:

  • Total Votes Polled: 68,80,493 (16.9382% of outstanding shares)
  • Public Institutions: 66,20,716 votes (100% in favor)
  • Public Non-Institutions: 2,59,777 votes (94.7185% in favor, 5.2815% against)
  • Promoter Group: 0 votes polled

Postal Ballot Process Details

  • Cut-off Date: July 10, 2026
  • Notice Dispatch Date: July 15, 2026
  • Voting Period: July 17, 2026 (9:00 AM IST) to August 15, 2026 (5:00 PM IST)
  • Notice Sent To: 2,12,657 members via email
  • Scrutinizer: CS S. N. Viswanathan, Partner, M/s. S. N. Ananthasubramanian & Co., Company Secretaries
  • Advertisement Published: July 17, 2026 in Financial Express (English) and Loksatta (Marathi)
  • Regulatory References: Section 110 of Companies Act, 2013; Companies (Management and Administration) Rules, 2014; SEBI Listing Regulations 30 and 44

Additional Information

  • The voting results and scrutinizer's report are available on the company's website (www.proteantech.in) and NSDL website (www.evoting.nsdl.com)
  • The disclosure was signed by Maulesh Kantharia, Company Secretary & Compliance Officer (FCS 9637)
  • Scrutinizer's report dated August 17, 2026 confirms all votes were valid and resolutions passed