Scrutinizer Report on E-Voting Results for Shraddha Prime Projects Limited

Key Dates and Process Details

  • Board resolution date: June 2, 2026
  • Cut-off date for determining voting eligibility: June 5, 2026
  • Postal Ballot Notice sent to shareholders: June 6, 2026
  • E-voting period: From 9:00 AM on June 8, 2026 to 5:00 PM on July 7, 2026
  • Scrutinizer appointment: Neeta H. Desai (ND & Associates), Practising Company Secretary
  • E-voting agency: National Securities Depository Limited (NSDL)
  • Registrar and Share Transfer Agent: RCMC Share Registry Private Limited

Communication Method

Postal Ballot Notice was sent by email to all shareholders who had registered their email addresses with the Company or depository/depository participants/RTA as of June 5, 2026. Hard copies were not sent in compliance with MCA circulars.

Advertisement Publication

The Company published advertisements in "Financial Express" (English) and "Pratahkal" (Marathi) on June 7, 2026 to notify shareholders about the e-voting process.

Voting Results

All three resolutions were passed with requisite majority:

1. Ordinary Resolution - Appointment of Mr. Vinay Madhukar Nayak (DIN: 08494834) as Non-executive Non-Independent Director

  • Votes in Favor: 30,874,397 (100%)
  • Votes Against: 10 (0%)

2. Special Resolution - Re-Appointment of Mr. Sudhir Mehta (DIN: 02215452) as Managing Director

  • Votes in Favor: 663,849 (99.9985%)
  • Votes Against: 10 (0.0015%)

3. Special Resolution - Re-Appointment of Ms. Shivangi Datta (DIN: 09262501) as Director and approval of Term as Non-Executive Independent Women Director

  • Votes in Favor: 30,874,397 (100%)
  • Votes Against: 10 (0%)

Regulatory Framework

The e-voting was conducted under multiple MCA circulars including: 14/2020, 17/2020, 22/2020, 33/2020, 39/2020, 10/2021, 20/2021, 03/2022, 11/2022, 09/2023, 09/2024, and specifically 03/2025 dated September 22, 2025 which extended the e-voting framework.

Scrutinizer's Role and Certification

Neeta H. Desai certified that the e-voting process was conducted in a fair and transparent manner. The scrutinizer's responsibility was limited to ensuring proper process and reporting votes cast for or against each resolution based on reports generated from NSDL's e-voting system.

Effective Date of Resolutions

As per Section 110(2) of the Companies Act, 2013, the resolutions are deemed to have been duly passed on the last date specified for remote e-voting, which is July 7, 2026.