Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Salasar Techno Engineering Limited

Meeting Details

The 25th Annual General Meeting was held on Wednesday, September 30, 2026 at 11:30 A.M. through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting was convened at the company's registered office at Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur, U.P. 201015.

Proposed Resolutions and Implications

The AGM considered and voted on ten resolutions:

1. Ordinary Resolution: Adoption of Audited Financial Statements for the financial year ended March 31, 2026 (Standalone & Consolidated)

2. Ordinary Resolution: Appointment of Ms. Tripti Gupta (DIN: 06938803) as a director liable to retire by rotation

3. Special Resolution: Re-appointment of Mr. Shashank Agarwal (DIN: 00316141) as Managing Director

4. Special Resolution: Re-appointment of Mr. Shalabh Agarwal (DIN: 00316155) as Whole-time Director

5. Special Resolution: Re-appointment of Ms. Tripti Gupta (DIN: 06938805) as Whole-time Director

6. Special Resolution: Appointment of Mr. Aashish Sharma (DIN: 11923058) as Non-Executive Independent Director

7. Special Resolution: Appointment of Mrs. Nidhi Jain (DIN: 08697293) as Non-Executive Independent Director

8. Special Resolution: To consider and approve borrow money u/s 180(1)(c) of Companies Act, 2013

9. Special Resolution: Approval for Creation of Charge(s)/Mortgage(s)/Hypothecation(s) on Properties and Assets under Section 180(1)(a)

10. Special Resolution: Ratification of Remuneration of Cost Auditors for financial year 2026-27

Voting Process and Methods

The voting process included:

  • Remote e-voting: Conducted through Bigshare Services Private Limited from Saturday, September 26, 2026 at 09:00 A.M. to Tuesday, September 29, 2026 at 05:00 P.M. via URL: https://vote.bigshareonline.com
  • E-voting at AGM: Facility provided to shareholders attending through VC/OAVM who had not cast votes remotely
  • Cut-off date: Wednesday, September 23, 2026 for determining shareholders eligible to vote

Key Voting Outcomes

Overall Participation

  • Total shareholders on record date: 474,039
  • Shareholders attending meeting through VC: 125 (Promoters: 4, Public: 121)
  • Total votes cast across all resolutions: 768,069,437 shares (43.94% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Ordinary) - Adoption of Financial Statements

  • Total votes: 768,069,437
  • In favor: 768,042,864 (99.996%)
  • Against: 26,573 (0.003%)
  • Invalid: 0

Resolution 2 (Ordinary) - Appointment of Tripti Gupta

  • Total votes: 768,068,937
  • In favor: 767,877,158 (99.975%)
  • Against: 191,779 (0.025%)
  • Invalid: 0

Resolution 3 (Special) - Re-appointment of Shashank Agarwal as MD

  • Total votes: 768,068,937
  • In favor: 765,810,972 (99.706%)
  • Against: 2,257,965 (0.294%)
  • Invalid: 0

Resolution 4 (Special) - Re-appointment of Shalabh Agarwal as WTD

  • Total votes: 768,068,937
  • In favor: 765,810,973 (99.706%)
  • Against: 2,257,964 (0.294%)
  • Invalid: 0

Resolution 5 (Special) - Re-appointment of Tripti Gupta as WTD

  • Total votes: 768,068,937
  • In favor: 765,724,387 (99.695%)
  • Against: 2,344,550 (0.305%)
  • Invalid: 0

Resolution 6 (Special) - Appointment of Aashish Sharma as Independent Director

  • Total votes: 768,068,937
  • In favor: 767,963,548 (99.986%)
  • Against: 105,389 (0.014%)
  • Invalid: 0

Resolution 7 (Special) - Appointment of Nidhi Jain as Independent Director

  • Total votes: 768,068,937
  • In favor: 767,964,747 (99.986%)
  • Against: 104,190 (0.014%)
  • Invalid: 0

Resolution 8 (Special) - Borrowing u/s 180(1)(c)

  • Total votes: 768,068,887
  • In favor: 767,956,213 (99.985%)
  • Against: 112,674 (0.015%)
  • Invalid: 0

Resolution 9 (Special) - Creation of Charge u/s 180(1)(a)

  • Total votes: 768,068,887
  • In favor: 767,879,621 (99.975%)
  • Against: 189,266 (0.025%)
  • Invalid: 0

Resolution 10 (Special) - Ratification of Cost Auditor Remuneration

  • Total votes: 768,068,887
  • In favor: 768,042,064 (99.996%)
  • Against: 26,823 (0.004%)
  • Invalid: 0

Shareholder Category Breakdown

Promoter & Promoter Group

  • Shares held: 767,468,621 (43.91% of total)
  • Votes polled: 757,468,621 (98.70% of shares held)
  • Consistently voted 100% in favor on all resolutions where not interested

Public - Institutions

  • Shares held: 96,717,922 (5.53% of total)
  • Votes polled: 2,590,750 (2.68% of shares held)
  • Voted 100% in favor on most resolutions except director appointments

Public - Non Institutions

  • Shares held: 883,763,747 (50.56% of total)
  • Votes polled: 8,009,566 (0.91% of shares held)
  • Showed varied voting patterns across resolutions

Scrutinizer's Role and Findings

Deepika Gaur, Proprietor of M/s Deepika Madhwal & Associates, Practicing Company Secretaries, was appointed as Scrutinizer. Her responsibilities included:

  • Scrutinizing both remote e-voting and e-voting at AGM processes
  • Preparing consolidated scrutinizer report based on reports generated from Bigshare's e-voting system
  • Verifying votes cast "in favour" or "against" each resolution
  • Maintaining electronic records of voting data

The scrutinizer confirmed that all resolutions were passed with requisite majority and that the management was responsible for compliance with applicable laws and robustness of electronic voting systems.

Compliance Confirmation

The document confirms compliance with:

  • Section 108 of Companies Act, 2013
  • Rule 20 and 21 of Companies (Management and Administration) Rules, 2014
  • MCA Circulars: 20/2020, 14/2020, 17/2020, 02/2021, 02/2022, 10/2022, 09/2023, 09/2024, 03/2025
  • SEBI Circulars: SEBI/HO/CFD/CMDI/CIR/P/2020/79, SEBI/HO/CFD/CMD2/CIR/P/2021/11, SEBI/HO/CFD/CMD2/CIR/P/2022/62, SEBI/HO/CFD/PoD-2/P/CIR/2023/4, SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167
  • SEBI LODR Regulations, 2015

Additional Information

The voting results were made available on the company's website at www.salasartechno.com. The company's CIN is L23201UP2001PLC209751 with registered office at Khasra 265, 281-288, Parsaun-Dasna, Jindal Nagar, Distt. Hapur, U.P. 201015.