Meeting Details

This is a Postal Ballot process, not a physical meeting. The voting is conducted entirely through remote e-voting, pursuant to Sections 108 and 110 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and various MCA Circulars.

Proposed Resolution and Implications

A single Ordinary Resolution is proposed for the appointment of Mr. Alwyn Dinesh Crasta (DIN: 06993693) as a Non-Executive Non-Independent Director for a term of five years, with effect from May 15, 2026, liable to retire by rotation. The appointment is based on a nomination from Avenir Investment RSC Ltd, a strategic investor classified as a promoter, following a share subscription agreement dated October 2, 2025. The appointment received prior approval from the Reserve Bank of India vide its letter dated March 24, 2026, and the Board of Directors on May 15, 2026.

Voting Process and Methods

The voting is to be conducted solely through remote e-voting (e-voting). The company has engaged KFin Technologies Limited as the Registrar and Share Transfer Agent to facilitate the process.

  • Voting Period: Commences on Sunday, July 12, 2026, at 9:00 A.M. (IST) and ends on Monday, August 10, 2026, at 5:00 P.M. (IST).
  • Cut-off Date: The voting rights of members are determined based on shareholding as on Friday, July 3, 2026.
  • Notice Dispatch: The notice was sent only by electronic mode to members whose email IDs were registered with the company's RTA or depositories as of the cut-off date.
  • Login Methods: Detailed instructions are provided for shareholders holding securities in demat mode (via NSDL or CDSL platforms) and for shareholders in physical mode or other than individuals (via KFin's e-voting website).

Scrutinizer's Role

Mr. Shiwam Kumar Bharti (Membership No. 533353) of M/s. Bharti Goenka and Associates, Practicing Chartered Accountants, has been appointed as the Scrutinizer to conduct the Postal Ballot process in a fair and transparent manner. The Scrutinizer will submit a report to the Chairman, and his decision on the validity of the e-votes shall be final.

Results and Compliance

  • The results of the voting will be announced not later than 2 working days after the conclusion of e-voting, i.e., by Wednesday, August 12, 2026.
  • The results, along with the Scrutinizer's report, will be communicated to the stock exchanges (BSE Limited and National Stock Exchange of India Limited) and uploaded on the company's website (www.sammaancapital.com) and KFin's website (www.kfintech.com).
  • The resolution will be deemed passed on the last date of e-voting (August 10, 2026) if it receives the requisite majority.

Director Profile (Item No. 1)

The explanatory statement provides detailed information about Mr. Alwyn Dinesh Crasta pursuant to Regulation 36(3) of the SEBI LODR:

  • Name: Mr. Alwyn Dinesh Crasta
  • DIN: 06993693
  • Age: 52 Years
  • Nationality: Indian
  • Qualifications: MBA (Mergers & Acquisitions Management), CMA, Master of Commerce (Finance), Diploma in Management Studies, Bachelor of Commerce.
  • Profile: Highly experienced financial executive and Group Chief Financial Officer at International Holding Company (PJSC), Abu Dhabi, since March 2018.
  • Shareholding: Not Applicable
  • Directorships: Holds directorships in several UAE-based companies including Easy Lease Motorcycle Rental PJSC, Ghitha Holding PJSC, Aldar Estates LLC, Omorfia Group LLC, and Reem Finance PJSC (Vice Chairman).
  • Terms of Appointment: Non-Executive, Non-Independent Director for a 5-year term from May 15, 2026. No remuneration is sought for this position.

Other Relevant Information

  • Company CIN: L65922DL2005PLC136029
  • The notice was also sent to India International Exchange IFSC Limited (India INX) and NSE IFSC Limited (NSE IX).
  • Physical copies of the notice were not sent; communication was solely through electronic mode in compliance with MCA Circulars.