Voting Process Details

The postal ballot was conducted through remote e-voting process from 9:00 AM IST on Wednesday, 3rd June 2026 to 5:00 PM IST on Thursday, 2nd July 2026. The record date for determining eligible shareholders was 22nd May 2026, with 4,132 total shareholders on record.

Resolutions Approved

All four resolutions set out in the Postal Ballot Notice dated 28th May 2026 were duly approved by members with requisite majority and deemed passed on 2nd July 2026.

Resolution 1: Ordinary Resolution - Share Subdivision/Split

  • Description: To approve sub-division/split of equity shares of the company
  • Promoter & Promoter Group: 4,129,126 shares held | 4,042,126 votes polled (97.893%) | 100% in favor
  • Public Institutions: 505,746 shares held | 0 votes polled (0%)
  • Public Non-Institutions: 3,564,375 shares held | 4,685 votes polled (0.1314%) | 99.9787% in favor, 0.0213% against
  • Total: 8,199,247 shares outstanding | 4,046,811 votes polled (49.3559%) | 4,046,810 in favor, 1 against
  • Result: Passed

Resolution 2: Ordinary Resolution - Alteration of Capital Clause

  • Description: To approve alteration of the capital clause of the Memorandum of Association
  • Voting pattern identical to Resolution 1
  • Result: Passed

Resolution 3: Ordinary Resolution - Appointment of Whole-time Director

  • Description: Appointment of Mr. Avinash Hariharno (DIN: 11689719) as Whole-time Director
  • Promoter & Promoter Group: 4,129,126 shares held | 4,042,126 votes polled (97.893%) | 100% in favor
  • Public Institutions: 505,746 shares held | 0 votes polled (0%)
  • Public Non-Institutions: 3,564,375 shares held | 4,685 votes polled (0.1314%) | 100% in favor
  • Total: 4,046,811 votes polled | 100% in favor
  • Result: Passed

Resolution 4: Special Resolution - Appointment of Independent Director

  • Description: Appointment of Mr. Palash Singhania (DIN: 06724674) as Independent Director
  • Voting pattern identical to Resolution 3
  • Result: Passed

Scrutinizer's Report Details

Meena Naidu & Associates (FRN: S2022CG465700) was appointed as scrutinizer. The company dispatched the Postal Ballot Notice via email to 3,628 members who had registered email IDs. The notice was hosted on the company's website and CDSL's website, with an advertisement published in Business Standard (English) and Amrit Sandesh (Hindi) on 30th May 2026.

The scrutinizer confirmed all votes cast were valid and reported that three ordinary resolutions and one special resolution were passed with requisite majority.

Detailed Voting Analysis from Scrutinizer Report

Resolution 1 (Share Split):

  • 24 members voted in favor with 4,046,810 votes (100% of valid votes)
  • 1 member voted against with 1 vote (0% of valid votes)
  • 0 invalid votes

Resolution 2 (Alteration of Capital Clause):

  • 24 members voted in favor with 4,046,810 votes (100% of valid votes)
  • 1 member voted against with 1 vote (0% of valid votes)
  • 0 invalid votes

Resolution 3 (Whole-time Director Appointment):

  • 25 members voted in favor with 4,046,811 votes (100% of valid votes)
  • 0 members voted against
  • 0 invalid votes

Resolution 4 (Independent Director Appointment):

  • 25 members voted in favor with 4,046,811 votes (100% of valid votes)
  • 0 members voted against
  • 0 invalid votes

Additional Information

The complete voting results and scrutinizer's report are available on the company's website at www.simplexcastings.com.