Voting Process Details
The postal ballot was conducted through remote e-voting via CDSL's platform (www.evotingindia.com) from Friday, June 5, 2026, at 09:00 AM IST to Saturday, July 4, 2026, at 05:00 PM IST. The process was scrutinized by Devesh Kumar Vasisht, Managing Partner of DPV & Associates LLP (Firm Registration Number: L2021HR009500).
Share Capital Structure
As of the cutoff date (Friday, May 29, 2026), the company's fully paid-up share capital was Rs. 110,47,09,650 divided into 11,04,70,965 equity shares of Rs. 10 each.
Resolution Details
The special resolution sought approval for "Issuance of upto 38,50,000 Fully Convertible Warrants to the entity belonging to the 'Promoter & Promoter Group' on preferential basis."
Voting Results
The resolution was approved with 99.0197% votes in favor:
- Total valid votes: 4,16,96,651 shares
- Votes in favor: 4,12,87,899 shares (99.0197%)
- Votes against: 4,08,752 shares (0.9803%)
- Total voters: 215
Category-wise Voting Breakdown
Promoter and Promoter Group: 5 promoters holding 3,95,54,351 equity shares were excluded from voting consideration for this resolution.
Public Institutions:
- Shares held: 1,15,35,197
- Votes polled: 73,38,194 (63.6157% participation)
- 100% votes in favor (73,38,194 shares)
Public Non-Institutions:
- Shares held: 5,89,75,015
- Votes polled: 3,43,58,457 (58.2593% participation)
- Votes in favor: 3,39,49,705 shares (98.8103%)
- Votes against: 4,08,752 shares (1.1897%)
Effective Date
The resolution is deemed to have been passed on July 4, 2026, being the last date of remote e-voting.
Signatories and Certification
The scrutinizer's report was signed by Devesh Kumar Vasisht (CP No.: 13700, Membership No. F8488) and countersigned by the company. The voting process was witnessed by Mukesh Sharma and Parveen Kumar, who are not employees of the company.