Siyaram Recycling Industries Limited disclosed the outcome of its postal ballot conducted through e-voting process regarding the increase of authorized share capital and consequent alteration to the capital clause of the Memorandum of Association.

The resolution was proposed as an Ordinary Resolution in the Postal Ballot Notice dated 29th July, 2026. The remote e-voting period was open from Friday, 31st July, 2026, until Saturday, 29th August, 2026, at 5:00 PM IST.

The cut-off date for determining shareholder eligibility to vote was Friday, 24th July, 2026. There were 2,614 total shareholders on the record date.

Voting Results

Resolution No. 1: To Increase the Authorized Share Capital and consequent Alteration to the Capital Clause of the Memorandum of Association of the Company

  • Voted in favor: 36 members casting 11,688,000 shares (100% of valid votes cast)
  • Voted against: 2 members casting 4,500 shares (100% of valid votes cast)
  • Invalid/Abstain Votes: 0 members and 0 shares
  • Total votes cast: 38 members casting 11,692,500 shares

The resolution was passed with requisite majority. The detailed breakdown shows:

  • Promoter and Promoter Group: 11,233,500 shares voted (100% in favor)
  • Public - Non Institutions: 459,000 shares voted (454,500 in favor, 4,500 against)
  • Total shares voted: 11,692,500 (11,688,000 in favor, 4,500 against)

Scrutinizer Details

Murtuza Kaizar Mandorwala, Practicing Company Secretary (Membership No. F10745, CP No. 14284) of Murtuza Mandorwala & Associates was appointed as Scrutinizer by the Board of Directors on 29th July, 2026. The scrutinizer submitted the report on 31st August, 2026.

The votes were unblocked on Saturday, 29th August, 2026, around 06:45 PM in the presence of two witnesses: Miss Kiran Joisher and Mr. Mayur Nagar, who are not employees of the company.

Additional Information

The complete scrutinizer report and voting results are available on the company's website at https://www.siyaramindustries.co.in. The register and all papers relating to electronic voting will remain in the scrutinizer's safe custody until the Chairman approves and signs the minutes.