Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
REDTAPE LIMITED
Meeting Details
The 5th Annual General Meeting of the Company was held on Tuesday, August 25, 2026, at 11:30 A.M. (IST) and concluded at 12:15 P.M. (IST) through Video Conferencing (VC)/Other Audio Video Means (OAVM).
Proposed Resolutions and Implications
Six resolutions were proposed and approved at the meeting:
1. Ordinary Resolution: To receive, consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026, together with the Reports of Auditors and the Board of Directors thereon.
2. Ordinary Resolution: To appoint a director in place of Mr. Rashid Ahmed Mirza (DIN: 00049009), who retires by rotation and being eligible offers himself for re-appointment.
3. Ordinary Resolution: To consider and declare final dividend 100 percent (Rs. 2 per share) for the Financial Year 2025-26.
4. Ordinary Resolution: To approve ratification of remuneration of Cost Auditor for the Financial Year 2026-27.
5. Special Resolution: Re-appointment of Mr. Shuja Mirza (DIN: 01453110) as Managing Director of the Company.
6. Special Resolution: Continuation of Mr. Rashid Ahmed Mirza as Chairman and Whole-time Director of the Company even after attaining the age of 70 years.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting prior to the AGM (from August 22, 2026 at 09:00 to August 24, 2026 at 5:00 P.M. IST)
- E-voting during the AGM (on August 25, 2026)
The e-voting facility was provided by National Securities Depository Limited (NSDL).
Key Voting Outcomes
General Meeting Information:
- Record Date: August 18, 2026
- Total number of shareholders on record date: 76,867
- Number of shareholders present in meeting: 1 Public member
- Number of shareholders attended through video conferencing: 1 Promoter, 103 Public members
- Number of resolutions passed: 6
Resolution-wise Voting Results:
Resolution 1 (Ordinary - Financial Statements):
- Total votes cast: 485,103,729 shares (87.7527% of outstanding)
- Votes in favor: 485,098,146 shares (99.9988%)
- Votes against: 5,583 shares (0.0012%)
Resolution 2 (Ordinary - Director Re-appointment):
- Total votes cast: 485,120,557 shares (87.7558% of outstanding)
- Votes in favor: 461,826,548 shares (95.1983%)
- Votes against: 23,294,009 shares (4.8017%)
Resolution 3 (Ordinary - Final Dividend):
- Total votes cast: 485,120,869 shares (87.7558% of outstanding)
- Votes in favor: 485,115,281 shares (99.9988%)
- Votes against: 5,588 shares (0.0012%)
Resolution 4 (Ordinary - Cost Auditor Remuneration):
- Total votes cast: 485,120,869 shares (87.7558% of outstanding)
- Votes in favor: 485,115,286 shares (99.9988%)
- Votes against: 5,583 shares (0.0012%)
Resolution 5 (Special - Managing Director Re-appointment):
- Total votes cast: 485,120,869 shares (87.7558% of outstanding)
- Votes in favor: 469,112,654 shares (96.7002%)
- Votes against: 16,008,215 shares (3.2998%)
Resolution 6 (Special - Chairman Continuation):
- Total votes cast: 485,120,869 shares (87.7558% of outstanding)
- Votes in favor: 461,835,548 shares (95.2001%)
- Votes against: 23,285,321 shares (4.7999%)
Scrutinizer's Role and Findings
Mr. Debabrata Deb Nath, Practicing Company Secretary (Membership No. F-7775), Partner of R & D Company Secretaries, was appointed as Scrutinizer by the Board of Directors on July 30, 2026. His report dated August 26, 2026 confirmed:
- The e-voting process was conducted in a fair and transparent manner
- Votes were counted and results prepared in the presence of two witnesses
- No invalid votes were recorded across all shareholder categories
- All resolutions were passed with requisite majority
Compliance Confirmation
The disclosure confirms compliance with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Amendment Rules, 2015
- Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015