Key Quantitative Figures

  • Total number of shareholders on record date: 29,824
  • Total number of votes cast: 58,823,049
  • Total number of invalid votes: 337,554
  • Total number of valid votes: 58,485,495
  • Votes cast in favor of the resolution: 58,485,043 (99.9992% of valid votes)
  • Votes cast against the resolution: 452 (0.0008% of valid votes)
  • Total number of ballots cast: 151
  • Number of invalid ballots: 6
  • Number of valid ballots: 145

Dates of Action

  • Cut-off date for determining shareholders eligible to vote: May 29, 2026
  • Postal Ballot Notice date: May 27, 2026
  • Remote e-voting period: From 9:00 AM (IST) on June 6, 2026, to 5:00 PM (IST) on July 5, 2026
  • Scrutinizer's report date: July 6, 2026
  • Effective date of re-appointment: July 27, 2026, to July 26, 2031

Parties Involved

  • Scrutinizer: K. Srinivasan, Chartered Accountant, Partner of M/s. M.S. Jagannathan & N. Krishnaswami
  • E-voting agency: Central Depository Services (India) Limited (E-Voting Serial Number 250601006)
  • Independent Director: Shri Ajay Bhaskar Baliga (DIN: 00030743)

Purpose and Rationale

Seeking shareholder approval for the re-appointment of Shri Ajay Bhaskar Baliga as a Non-Executive Independent Director for a second term of five consecutive years, based on the recommendations of the Nomination and Remuneration Committee and the Board of Directors.

Voting Process Details

The remote e-voting process was conducted through Central Depository Services (India) Limited. The notice and explanatory statement were sent electronically to 27,662 members (out of total 29,824 members) who had registered their email IDs. Advertisement for the postal ballot was published in Financial Express (English) and Makkal Kural (Tamil) on June 6, 2026, with a corrigendum on June 8, 2026.

Scrutinizer's Report

The scrutinizer, K. Srinivasan, validated the voting process and confirmed the results. The report was prepared in the presence of two witnesses not in the employment of the company. Equity shares lying in IEPF and Unclaimed Suspense Account were not considered for remote e-voting.

Result

The special resolution for re-appointment of Shri Ajay Bhaskar Baliga as Non-Executive Independent Director was passed with requisite majority.

Financial Impact

Financial impact not quantified in the disclosure.

Capital Structure Impact

No impact on capital structure disclosed.

Governance Impact

Re-appointment of an independent director for a second five-year term, enhancing board continuity and governance.

#Tags: #RamcoIndustries #SEBIDisclosure #RegulatoryCompliance #CorporateGovernance #Neutral