Resolution Details
The special resolution sought shareholder approval for "sale, disposal or lease of assets exceeding 20% of the assets held by the material subsidiary of the Company."
Voting Process and Timeline
- Cut-off date for voting eligibility: July 10, 2026
- Remote e-voting period: July 17, 2026 (09:00 hours IST) to August 15, 2026 (17:00 hours IST)
- Resolution passed on August 15, 2026, when remote e-voting concluded
- Total shareholders on record date: 18,338
Voting Results Breakdown
Overall Results
- Total shares outstanding: 25,425,000
- Total votes polled: 17,709,415 shares (69.65% of outstanding shares)
- Votes in favor: 16,623,948 shares (93.87% of votes polled)
- Votes against: 1,085,467 shares (6.13% of votes polled)
Promoter and Promoter Group Voting
- Shares held: 18,488,532
- Votes polled: 16,474,532 shares (89.11% of shares held)
- Votes in favor: 16,474,532 shares (100% of votes polled)
- Votes against: 0 shares (0% of votes polled)
Public Institutional Voting
- Shares held: 2,602,191
- Votes polled: 1,181,807 shares (45.42% of shares held)
- Votes in favor: 96,508 shares (8.17% of votes polled)
- Votes against: 1,085,299 shares (91.83% of votes polled)
Public Non-Institutional Voting
- Shares held: 4,334,277
- Votes polled: 53,076 shares (1.22% of shares held)
- Votes in favor: 52,908 shares (99.68% of votes polled)
- Votes against: 168 shares (0.32% of votes polled)
Scrutinizer Appointment and Process
- Scrutinizer: Satyajit Mishra, Proprietor of M/s Satyajit Mishra & Co., Practicing Company Secretaries
- Appointment date: July 14, 2026, by Board of Directors
- Witnesses present during vote counting: Mr. Harsh Sharma and Mr. Manoj Pawar
- Scrutinizer confirmed the e-voting process was conducted fairly and transparently
Document Availability
Voting results and scrutinizer's report are available on:
- Company website: www.scamedn
- NSDL website: www.ev0Li11g.nsdl.com
- Notice board at Registered Office: A-901-905, 9th Floor, 215 Atrium, Andheri Kurla Road, Andheri (East), Mumbai 400 093