Meeting Details

The consent of members was sought through Postal Ballot under Section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Board Meeting authorizing this process was held on 14th May, 2026. There was no physical meeting; the entire process was conducted via postal ballot with remote e-voting.

Summary of Proposed Resolutions

The following seven resolutions were proposed for shareholder approval:

  • Resolution 1: To approve raising of funds and issuance of securities Through QIP and/or FCCB and/or any other permissible modes.
  • Resolution 2: Increase in the authorized share capital and consequent alteration of the capital clause in the memorandum of association of the company.
  • Resolution 3: Increase In Investment Limits for Foreign Portfolio Investors and Non-Resident Indians/Overseas Citizens of India.
  • Resolution 4: To Consider and approve the enhancement of borrowing limits of the company under section 180(1)(c) of the companies act, 2013 and creation of charge / providing of security.
  • Resolution 5: Approval of loans, investments, guarantee or security under section 185 of companies act, 2013.
  • Resolution 6: To give loans, guarantee or provide security under section 186 of companies act, 2013.
  • Resolution 7: Re-Appointment Of Mr. Mubarak Singh (DIN:10212076) As An Independent Director.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facility. The Notice of Postal Ballot dated May 14, 2026 was sent to members via email on May 15, 2026. The cut-off date for determining eligibility to vote was Thursday, May 14, 2026. A public notice was advertised in "Financial Express" (all editions, English) and "Daily Taskeen" (Jammu edition, Urdu) on Saturday, May 16, 2026. The remote e-voting facility was provided through the company's Registrar and Share Transfer Agent, Bigshare Services Private Limited. Individual shareholders holding shares in demat mode could vote using single login credentials through their demat accounts/websites of Depositories/Depository Participants (DPs) as per SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Voting Timeline

The remote e-voting period was from Saturday, May 16, 2026 at 9:00 a.m. (IST) to Monday, June 15, 2026 at 5:00 p.m. (IST).

Scrutinizer Appointment

Mr. Suresh Kumar Pillay (CP No. 21089), Practicing Company Secretary, was appointed as the Scrutinizer pursuant to Rule 22(5) of the Companies (Management and Administration) Rules, 2014 to conduct the Postal Ballot voting process in a fair and transparent manner. The Scrutinizer was required to submit a report within 2 working days from the conclusion of the remote e-voting.

Compliance Statement

The document confirms compliance with Section 108 and 110 of the Companies Act, 2013, Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Secretarial Standard on General Meetings (SS-2), and various circulars issued by the Ministry of Corporate Affairs.

Additional Information

The company stated it would separately intimate the voting results along with the Scrutinizer's Report to the stock exchanges (BSE Limited and National Stock Exchange of India Limited) and upload the same on the company website. The document explicitly states: "This does not constitute minutes of the proceedings of the Postal Ballot of the Company."