Meeting Details

  • Type of Meeting: Postal Ballot by way of remote e-voting
  • Voting Period: Wednesday, 22 July 2026 (9:00 a.m. IST) to Thursday, 20 August 2026 (5:00 p.m. IST)
  • Record Date: Friday, 17 July 2026
  • Deemed Passing Date: Thursday, 20 August 2026 (last date of e-voting)
  • Total Shareholders on Record Date: 47,11,877

Proposed Resolutions and Implications

Three resolutions were proposed for shareholder approval:

1. Resolution 1: Approval of Material Related Party Transactions of the Company (Ordinary Resolution)

2. Resolution 2: Approval of Material Related Party Transactions of Subsidiaries of the Company (Ordinary Resolution)

3. Resolution 3: Alteration of the Objects Clause of the Memorandum of Association of the Company (Special Resolution)

The alteration adds a new sub-clause 14 to Clause III.A. of the MOA, subject to approval from Registrar of Companies, enabling the company to:

  • Carry on business of producers, manufacturers, refiners, processors, blenders, formulators, converters, possessors, storers, stevedores, handlers, packagers, baggers, transporters, buyers, sellers, importers, exporters, resellers, marketers, distributors or otherwise dealers of ammonia, nitric acid, ammonium nitrate (AN) of various grades, ammonium nitrate fuel oil (ANFO), emulsion and other explosives (including civilian, industrial and defence explosives) and blasting agents
  • Engage in fertilizers and/or agro-chemicals of synthetic or natural origin containing nitrogen, phosphorous, or other components and related downstream products
  • Handle all raw materials, feedstocks, intermediate chemicals, by-products and associated chemicals arising in or used for their manufacture
  • Undertake these activities anywhere in India or abroad, including all incidental or ancillary activities

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facility provided by KFin Technologies Limited. No physical polling or postal ballot (other than e-voting) was conducted. The e-voting system was provided by KFinTech, an authorized agency under the Companies Act, 2013.

Key Voting Outcomes

Resolution 1: Material Related Party Transactions of the Company

  • Total Valid Votes Polled: 501,91,92,752 (37.0898% of outstanding shares)
  • Votes in Favor: 497,96,37,963 (99.2119% of votes polled)
  • Votes Against: 3,95,54,789 (0.7881% of votes polled)
  • Invalid Votes: 7,99,198
  • Result: Passed

Category-wise Breakdown:

  • Promoter and Promoter Group: 0 votes polled (0.0000% participation)
  • Public Institutions: 474,26,54,375 votes polled (92.4483% participation), 99.1867% in favor
  • Public Non-Institutions: 27,65,38,377 votes polled (16.3925% participation), 99.6447% in favor

Resolution 2: Material Related Party Transactions of Subsidiaries

  • Total Valid Votes Polled: 501,91,90,273 (37.0898% of outstanding shares)
  • Votes in Favor: 497,96,29,164 (99.2118% of votes polled)
  • Votes Against: 3,95,61,109 (0.7882% of votes polled)
  • Invalid Votes: 7,99,198
  • Result: Passed

Category-wise Breakdown:

  • Promoter and Promoter Group: 0 votes polled (0.0000% participation)
  • Public Institutions: 474,26,54,375 votes polled (92.4483% participation), 99.1867% in favor
  • Public Non-Institutions: 27,65,35,898 votes polled (16.3924% participation), 99.6424% in favor

Resolution 3: Alteration of MOA Objects Clause

  • Total Valid Votes Polled: 1175,75,27,540 (86.8834% of outstanding shares)
  • Votes in Favor: 1175,71,36,059 (99.9967% of votes polled)
  • Votes Against: 3,91,481 (0.0033% of votes polled)
  • Invalid Votes: 7,99,198
  • Result: Passed

Category-wise Breakdown:

  • Promoter and Promoter Group: 671,54,96,096 votes polled (100.0000% participation), 100.0000% in favor
  • Public Institutions: 474,70,84,863 votes polled (92.5346% participation), 99.9975% in favor
  • Public Non-Institutions: 29,49,46,581 votes polled (17.4837% participation), 99.9083% in favor

Scrutinizer's Role and Findings

Khandelwal & Mehta LLP, Chartered Accountants (LLP No.AAE-3742) was appointed as Scrutinizer. Partner Sunil Khandelwal (Membership No. 101388) scrutinized the e-voting process in a fair and transparent manner pursuant to Section 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014.

The e-voting process was unblocked on August 20, 2026 after conclusion of the voting period, witnessed by two independent witnesses (Mr. Tushar Amruskar and Ms. Komal Chandwani) who are not employed by the Company or KFinTech.

The Scrutinizer verified the reports generated by KFinTech on a test check basis and confirmed that all resolutions were passed with requisite majority. The electronic data and relevant records were handed over to Smt. Savithri Parekh, Company Secretary and Compliance Officer for safe keeping.

Compliance with Laws and Regulations

The process complied with:

  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (Regulations 30 and 44)
  • Companies Act, 2013 (Section 110)
  • Companies (Management and Administration) Rules, 2014 (Rules 20 and 22)
  • MCA General Circular Nos. 14/2020, 17/2020, and 03/2025
  • Secretarial Standard -2
  • Regulation 23 of SEBI LODR for determining eligible voters

Voting rights included shares held in Unclaimed Suspense Account, Suspense Escrow Demat Account, Reliance Industries Limited Bonus 2024 Suspense Phy, and shares held by IEPF Authority where voting rights are frozen.

Additional Information

The voting results are available on the company's website (www.ril.com) and KFin Technologies Limited's website (https://evoting.kfintech.com). The notice was published in The Times of India (English) and Maharashtra Times (Marathi) on July 22, 2026. Copies were sent to Luxembourg Stock Exchange and Singapore Exchange Limited.