Meeting Details

The company sought shareholder approval through a postal ballot process without a physical meeting, as permitted under Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014. The cut-off date for determining shareholder eligibility was Friday, May 15, 2026.

Proposed Resolution and Implications

The single special resolution proposed was: 'Shifting Of Registered Office Of The Company From One State To Another State And To Alter The Situation Clause Of The Memorandum Of Association.' This resolution involves fundamentally changing the company's registered office location from its current state (Kansas) to another state, requiring amendment of the Memorandum of Association.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facility provided by KFin Technologies Limited (KFinTech). The e-voting period commenced on Sunday, May 24, 2026, at 09:00 a.m. (IST) and ended on Monday, June 22, 2026, at 05:00 p.m. (IST). Notice was communicated only through electronic mode as per MCA circulars.

Key Voting Outcomes

  • Total votes cast: 10,73,22,667
  • Votes in favor: 10,73,21,472 (99.99%)
  • Votes against: 1,195 (0.01%)
  • The resolution was passed with the requisite majority required for a special resolution.

The document does not provide a breakdown of votes by shareholder category (Promoters, Public, Institutions).

Scrutinizer's Role and Findings

Mr. Santosh Kumar Gunemoni, Partner at VCAN & Associates, Practicing Company Secretaries, was appointed as Scrutinizer to ensure a fair and transparent process. The Scrutinizer's responsibilities included scrutinizing the remote e-voting process based on data downloaded from KFinTech's system at https://evoting.kfintech.com. The vote data was unblocked and downloaded on Tuesday, June 23, 2026, at 11:12 a.m. (IST) in the presence of two independent witnesses. The Scrutinizer confirmed the resolution passed with requisite majority and handed over all electronic records to the Company Secretary for safekeeping.

Compliance Confirmation

The disclosure confirms compliance with Section 110 of the Companies Act, 2013, the Companies (Management and Administration) Rules, 2014, SEBI (LODR) Regulations, 2015, and relevant MCA circulars regarding postal ballot through remote e-voting.