EGM Details

The Extraordinary General Meeting of Rane Holdings Limited was held on Friday, June 12, 2026 at 15:00 hours IST through Video Conference (VC)/Other Audio Visual Means (OAVM). The meeting concluded at 15:21 hours.

Business Transacted

The single agenda item was a special resolution for "Issue of warrants on preferential basis." The meeting was chaired by Mr. L Ganesh, Chairman & Managing Director of the Company. Ms. S Subha Shree, Secretary, conducted the proceedings.

Voting Mechanism and Process

The company engaged Central Depository Services (India) Limited (CDSL) as the e-voting service provider. Remote e-voting was conducted from Tuesday, June 9, 2026 (09:00 Hrs IST) to Thursday, June 11, 2026 (17:00 Hrs IST). Members who did not exercise their vote by remote e-voting could cast their vote at the EGM, with the e-voting facility kept open for 15 minutes from the end of the meeting.

Cut-off Date

The cut-off date for determining eligibility to vote was Friday, June 5, 2026.

Voting Results

The special resolution for "Issue of warrants on preferential basis" was passed with requisite majority:

  • Total valid votes received: 85,07,764
  • Votes in favor: 82,17,785 (96.59%)
  • Votes against: 2,89,979 (3.41%)
  • No invalid votes were found

Shareholder Participation Breakdown

By Category:

  • Promoter and Promoter Group: 66,58,084 shares outstanding, 10,85,208 votes polled (16.31% participation)
  • Public - Institutions: 12,23,346 shares outstanding, 14,02,360 votes polled (114.63% participation - likely includes multiple classes)
  • Public - Non-Institutions: 63,96,379 shares outstanding
  • Total shares outstanding: 1,42,77,809
  • Total votes polled: 85,07,764 (59.59% participation)

Voting Pattern by Category:

  • Promoter and Promoter Group: 7,95,379 in favor (73.29%), 2,89,829 against (26.71%)
  • Public - Institutions: 14,02,210 in favor (99.99%), 150 against (0.01%)

Additional Information

The transcript of the proceedings would be made available on the company's website (www.ranegroup.com). All relevant records of e-voting will remain in the Scrutinizer's safe custody until the Chairman considers, approves and signs the minutes of the EGM.