Key Quantitative Figures
- Total outstanding shares: 1,49,88,684
- Promoter & Promoter Group shares: 1,12,41,512 (74.99% of total)
- Public Institutions shares: 250 (0.0017% of total)
- Public Non-Institutions shares: 37,46,922 (25.01% of total)
- Total votes polled across all resolutions: ~1,11,50,135 (74.39% of outstanding shares)
Dates of Action
- Cut-off date for voting eligibility: May 8, 2026
- Postal Ballot Notice date: May 12, 2026
- Corrigendum to Notice date: June 4, 2026
- E-voting period: May 13, 2026 (9:00 AM IST) to June 11, 2026 (5:00 PM IST)
- Scrutinizer's report date: June 11, 2026
- Board approval for postal ballot: Prior to May 12, 2026
Parties Involved
- Scrutinizer: Mr. S.K. Jain, Proprietor of S.K. Jain & Co, Practicing Company Secretaries
- E-voting service provider: National Securities Depository Limited (NSDL)
- Witnesses: Ms. Ayusha Koyande and Ms. Rujula Patil
- Company Secretary: Priya Pandey
- Stock Exchanges: BSE Limited and National Stock Exchange of India
Resolution Details and Voting Results
Resolution 1: Issue of Equity Shares on Preferential Basis
- Resolution type: Special Resolution
- Promoter interest: No
- Promoter voting: 1,11,42,710 votes polled (99.12% of promoter shares), 100% in favor
- Public Institutions: 0 votes polled
- Public Non-Institutions: 7,385 votes polled (0.19% of category), 5,985 in favor (81.04%), 1,400 against (18.96%)
- Total votes: 1,11,50,095 polled (74.39% of outstanding shares)
- Result: Passed with 1,11,48,695 votes in favor (99.99%) and 1,400 against (0.01%)
Resolution 2: Issue of Convertible Warrants on Preferential Basis
- Resolution type: Special Resolution
- Promoter interest: No
- Promoter voting: 1,11,42,710 votes polled (99.12% of promoter shares), 100% in favor
- Public Institutions: 0 votes polled
- Public Non-Institutions: 7,425 votes polled (0.19% of category), 5,985 in favor (80.60%), 1,440 against (19.40%)
- Total votes: 1,11,50,135 polled (74.39% of outstanding shares)
- Result: Passed with 1,11,48,695 votes in favor (99.99%) and 1,440 against (0.01%)
Resolution 3: Raising Funds Through Secured/Unsecured Loan with Conversion Option
- Resolution type: Special Resolution
- Promoter interest: No
- Promoter voting: 1,11,42,710 votes polled (99.12% of promoter shares), 100% in favor
- Public Institutions: 0 votes polled
- Public Non-Institutions: 7,425 votes polled (0.19% of category), 6,010 in favor (80.94%), 1,415 against (19.06%)
- Total votes: 1,11,50,135 polled (74.39% of outstanding shares)
- Result: Passed with 1,11,48,720 votes in favor (99.99%) and 1,415 against (0.01%)
Process and Compliance Details
- Voting conducted exclusively through electronic means via NSDL's e-voting platform
- No physical notices dispatched to members
- Notice published on company website (www.rajoilmillsltd.com), NSDL e-voting website, and stock exchange websites
- Advertisement published in Business Standard (English) and Nalanda Express (Marathi) newspapers on May 13, 2026
- Scrutinizer monitored the e-voting process through secured link provided by NSDL
- Votes were unblocked in presence of two witnesses not employed by the company
- All voting records sealed and handed over to Company Secretary for safekeeping
Financial Impact
Financial impact not quantified in the disclosure. The resolutions authorize fundraising activities but specific amounts, pricing, and dilution percentages are not disclosed.
Capital Structure Impact
The resolutions may potentially impact capital structure through issuance of equity shares and convertible instruments, but specific dilution percentages or changes to share capital are not quantified in this disclosure.