Key Resolutions and Voting Results
The company sought shareholder approval through remote e-voting for two special resolutions:
1. Ratification of SEDEMAC Employee Stock Option Plan 2014
2. Ratification of SEDEMAC Mechatronics Employee Stock Option Scheme - 2025
Both resolutions were duly passed with requisite majority on August 17, 2026.
Detailed Voting Results - Resolution 1 (ESOP Plan 2014)
Total Outstanding Shares: 44,167,500
Total Votes Polled: 31,295,098 (70.8555% of outstanding shares)
Category-wise Breakdown:
- Promoter and Promoter Group: 11,586,000 shares outstanding; 11,514,000 votes polled (99.3786%); 100% in favor
- Public Institutions: 19,459,588 shares outstanding; 14,984,892 votes polled (77.0052%); 69.8056% in favor, 30.1944% against
- Public Non-Institutions: 13,121,912 shares outstanding; 4,796,206 votes polled (36.5511%); 99.9986% in favor, 0.0014% against
Overall Result: 26,770,434 votes in favor (85.5419%), 4,524,664 votes against (14.4581%)
Detailed Voting Results - Resolution 2 (ESOP Scheme 2025)
Total Outstanding Shares: 44,167,500
Total Votes Polled: 31,295,099 (70.8555% of outstanding shares)
Category-wise Breakdown:
- Promoter and Promoter Group: 11,586,000 shares outstanding; 11,514,000 votes polled (99.3786%); 100% in favor
- Public Institutions: 19,459,588 shares outstanding; 14,984,892 votes polled (77.0052%); 68.9255% in favor, 31.0745% against
- Public Non-Institutions: 13,121,912 shares outstanding; 4,796,207 votes polled (36.5511%); 99.9988% in favor, 0.0012% against
Overall Result: 26,638,558 votes in favor (85.1205%), 4,656,541 votes against (14.8795%)
Voting Process Details
Cut-off Date: July 10, 2026
Total Shareholders: 26,372
Voting Period: July 19, 2026 (09:00 AM IST) to August 17, 2026 (05:00 PM IST)
Voting Method: Remote e-voting only through MUFG Intime India Private Limited platform
Invalid Votes
Resolution 1: 539 invalid votes from Public Non-Institutions category
Resolution 2: 538 invalid votes from Public Non-Institutions category
Scrutinizer Appointment and Report
Nilesh Shah & Associates, represented by Mahesh Darji (Partner, Membership No. FCS 7175), was appointed as Scrutinizer to ensure fair and transparent voting process. The scrutinizer report confirmed:
- Resolution 1: 122 members voted in favor (85.54%), 44 members voted against (14.46%)
- Resolution 2: 121 members voted in favor (85.12%), 45 members voted against (14.88%)
The scrutinizer recommended accepting both resolutions as passed with requisite majority.
Document Submission
The voting results and scrutinizer's report were submitted to BSE Limited and National Stock Exchange of India Limited on August 19, 2026, and made available on the company's website (www.sedemac.com) and MUFG Intime's website.