SAL Automotive Limited 51st Annual General Meeting Voting Results

Meeting Details

  • Meeting Date: September 21, 2026
  • Meeting Time: 3:00 PM to 4:00 PM (IST)
  • Cut-off Date for Voting: September 14, 2026
  • Total Shareholders on Record Date: 2,554
  • Shareholders Attending via Video Conferencing: 49 (2 Promoters, 47 Public)
  • Remote E-voting Period: September 18, 2026 (9:00 AM) to September 20, 2026 (5:00 PM)
  • Scrutinizer: Ajay K. Arora, Company Secretary in Practice
  • Voting Service Provider: National Securities Depositories Limited (NSDL)

Voting Results Summary

Total Valid Votes: 3,597,771 shares (75.0251% of outstanding 4,795,426 shares)

Total Voting Shareholders: 59

Resolution Details

Ordinary Business

1. Adoption of Audited Financial Statements for FY26

  • Resolution Type: Ordinary Resolution
  • Votes in Favour: 3,597,758 shares (99.9996%)
  • Votes Against: 13 shares (0.0004%)
  • Promoter Voting: 3,596,570 shares (100% in favour)
  • Public Non-Institutional Voting: 1,201 shares (1,188 in favour, 13 against)

2. Declaration of Final Dividend

  • Dividend Amount: ₹2.00 per equity share (20% on face value of ₹10)
  • Resolution Type: Ordinary Resolution
  • Votes in Favour: 3,597,758 shares (99.9996%)
  • Votes Against: 13 shares (0.0004%)
  • Financial Year: Ended March 31, 2026

3. Re-appointment of Mr. Rajiv Sharma

  • Director DIN: 07418337
  • Position: Non-Executive Non-Independent Director
  • Resolution Type: Ordinary Resolution
  • Votes in Favour: 3,597,758 shares (99.9996%)
  • Votes Against: 13 shares (0.0004%)

4. Ratification of Cost Auditor Remuneration for FY27

  • Financial Year: Ending March 31, 2027
  • Resolution Type: Ordinary Resolution
  • Votes in Favour: 3,597,758 shares (99.9996%)
  • Votes Against: 13 shares (0.0004%)
Special Business

5. Adoption of New Memorandum of Association

  • Resolution Type: Special Resolution
  • Votes in Favour: 3,597,758 shares (99.9996%)
  • Votes Against: 13 shares (0.0004%)
  • Compliance: Companies Act, 2013 provisions

6. Re-appointment of Mr. Uttam Sahay as Independent Director

  • Director DIN: 08608518
  • Resolution Type: Special Resolution
  • Votes in Favour: 3,597,728 shares (99.999%)
  • Votes Against: 43 shares (0.001%)
  • Public Non-Institutional Voting: 1,158 in favour, 43 against (96.4197% favour)

7. Re-appointment of Mr. Rama Kant Sharma as Managing Director

  • Director DIN: 00640581
  • Resolution Type: Special Resolution
  • Votes in Favour: 3,597,727 shares (99.9988%)
  • Votes Against: 44 shares (0.0012%)
  • Public Non-Institutional Voting: 1,157 in favour, 44 against (96.3364% favour)

Voting Pattern Analysis

  • Promoter & Promoter Group: Held 3,596,570 shares (74.99% of total), voted 100% in favour on all resolutions
  • Public Institutional Holders: Held 212,778 shares, did not cast any votes
  • Public Non-Institutional Holders: Held 986,078 shares, cast 1,201 votes (0.1218% participation)
  • All resolutions passed with requisite majority

Additional Information

  • Voting results and scrutinizer's report will be hosted on company website: www.salautomotive.in
  • Scrutinizer confirmed electronic voting records are under safe custody and will be handed over to Company Secretary
  • Company Secretary: Gagan Kaushik
  • Company Registration: L45202PB1974PLC003516