Nature of the Disclosure

This is a regulatory filing submitted to the National Stock Exchange of India Ltd. and Bombay Stock Exchange Ltd. under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulations 30 and 44. It concerns the outcome of a postal ballot process for a special resolution.

Key Event and Resolution

The special resolution sought shareholder approval for the appointment of Mr. Ranjan Jagetia (DIN: 11848375) as a Non-Executive Independent Director of Sangam (India) Limited. Mr. Jagetia was initially appointed as an Additional Director by the Board of Directors with effect from July 28, 2026.

Postal Ballot Process and Timeline

The postal ballot was conducted via a remote e-voting process pursuant to Section 110 of the Companies Act, 2013, and the corresponding rules.

  • The notice of the postal ballot was dated September 11, 2026.
  • The dispatch of the notice to members was completed on September 15, 2026.
  • The remote e-voting process concluded at 5:00 PM IST on October 15, 2026.

Scrutinizer and Report

Mr. B.K. Sharma of M/s B.K. Sharma & Associates, Practising Company Secretaries, was appointed as the Scrutinizer for the process. He submitted his report on October 16, 2026.

Voting Results

The scrutinizer's report confirmed the resolution was approved with the requisite majority. The detailed results are as follows:

  • Total Number of Valid Electronic Votes Received: 40,664,629
  • Votes in Favour of the Resolution: 40,664,411 (99.9995% of valid votes polled)
  • Votes Against the Resolution: 218 (0.0005% of valid votes polled)
  • Number of Shareholders Who Voted: 155
  • Invalid/Abstained Votes: Nil

Breakdown of Votes by Shareholder Category

A detailed breakdown of the voting was provided:

  • Promoter and Promoter Group: Held 35,431,638 shares. All 35,431,638 votes cast (100% of their holding) were in favour.
  • Public - Institutions: Held 6,366,223 shares. 5,209,028 votes were cast (81.8229% of their holding), all in favour.
  • Public - Non-Institutions: Held 8,448,698 shares. 23,963 votes were cast (0.2836% of their holding). Of these, 23,745 (99.0903%) were in favour and 218 (0.9097%) were against.
  • Total Outstanding Shares: 50,246,559
  • Total Votes Polled: 40,664,629

Outcome and Documentation

The result of the postal ballot was announced on October 17, 2026. The company submitted the results and the scrutinizer's report to the stock exchanges for record.

#Tags: #SangamIndia #BoardAppointment #SEBIDisclosure #RegulatoryCompliance #CorporateGovernance