Seshasayee Paper AGM Voting Results Near Unanimous

Meeting Details

The 66th AGM was held on Saturday, 20th June, 2026 at 11:00 A.M. IST through Video Conferencing/Other Audio-Visual Means. The scrutinizer was appointed by the Board of Directors to scrutinize the voting process for the resolutions proposed at the AGM.

Voting Process Details

The Company availed e-voting facilities from National Securities Depository Limited (NSDL). The remote e-voting period commenced at 9:00 AM on Wednesday, 17th June, 2026 and closed at 5:00 PM on Friday, 19th June, 2026. Shareholders holding shares as on the cut-off date (implied as 3th June, 2026 from context) were entitled to vote. Votes were unblocked on 20th June, 2026 at 1:30 PM in the presence of two witnesses: Mr. S. Krishnan and Mrs. B. Lalitha Bhavani, who are not employees of the Company.

Voting Results

Ordinary Business

Resolution No. 1: Ordinary Resolution - To receive, consider and adopt the Financial Statements for the financial year ended March 31, 2026

• Votes in favor: 463 members representing 3,10,66,599 shares (99.99% of valid votes)
• Votes against: 3 members representing 980 shares (0.01% of valid votes)
• Invalid votes: 0 members representing 0 shares

Resolution No. 2: Ordinary Resolution - Declaration of Dividend

• Votes in favor: 467 members representing 3,12,24,710 shares (99.99% of valid votes)
• Votes against: 1 member representing 100 shares (0.01% of valid votes)
• Invalid votes: 0 members representing 0 shares

Resolution No. 3: Ordinary Resolution - Re-appointment of retiring Director - Sri Ganesh Balakrishna Bhadti, Executive Director (Operations & Projects) (DIN: 09634741)

• Votes in favor: 462 members representing 3,12,03,496 shares (99.93% of valid votes)
• Votes against: No votes against recorded in table (0%)
• Invalid votes: 0 members representing 0 shares

Resolution No. 4: Ordinary Resolution - Re-appointment of retiring Director - Sri S Srinivas, Director (Finance) & Secretary (DIN: 09713128)

• Votes in favor: 462 members representing 3,12,03,496 shares (99.93% of valid votes)
• Votes against: 6 members representing 21,314 shares (0.07% of valid votes)
• Invalid votes: 0 members representing 0 shares

Special Business

Resolution No. 5: Ordinary Resolution - Remuneration to Cost Auditor

• Votes in favor: 465 members representing 3,12,23,830 shares (99.99% of valid votes)
• Votes against: No votes against recorded in table (0%)
• Invalid votes: 0 members representing 0 shares

Document Custody

The scrutinizer will retain the e-voting records until the Chairman considers this report and announces the results on the company website (https://www.spbltd.com/), after which the records will be handed over to Sri. S. Srinivas, Director (Finance) & Secretary, for safekeeping.