SNL Bearings 46th AGM Voting Results August 2026

Disclosure Context

SNL Bearings Limited (Scrip Code: 505827, ISIN: INE568F01017) submitted voting results for its 46th Annual General Meeting (AGM) held on August 11, 2026, through video conferencing/audio-visual means. The disclosure was made to BSE Limited on August 12, 2026, under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Scrutinizer Details

Upendra C. Shukla, Practising Company Secretary (Membership Number: FCS2727), was appointed as scrutinizer by the Board of Directors on April 27, 2025. He was responsible for scrutinizing both remote e-voting and e-voting during the AGM, using the electronic voting system provided by Central Depository Services (India) Limited (CDSL).

Voting Process Details

The remote e-voting period commenced on Saturday, August 8, 2026, at 9:00 AM IST and ended on Monday, August 10, 2026, at 5:00 PM IST. The record date for determining voting eligibility was August 4, 2026, with 5,390 total shareholders on record. The AGM was held on August 11, 2026, from 11:33 AM to 12:16 PM. Attendance included 2 promoters and 50 public shareholders through video conferencing.

Resolution Voting Results

Resolution 1: Ordinary Resolution - Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors.

• Remote E-voting: 26 responses, 2,737,846 votes in favor (100%), 2 responses with 4 votes against (0.00%)
• E-voting at AGM: 2 responses, 11 votes in favor (0.00%), 0 against
• Combined: 28 responses, 2,737,857 votes in favor (100.00%), 2 responses with 4 votes against (0.00%)
• Result: Passed

Resolution 2: Ordinary Resolution - Reappointment of Director

To appoint Mr. Satish Chellaram Rangani (DIN: 00209069) who retires by rotation.

• Remote E-voting: 26 responses, 2,737,846 votes in favor (100%), 2 responses with 4 votes against (0.00%)
• E-voting at AGM: 2 responses, 11 votes in favor (100.00%), 0 against
• Combined: 28 responses, 2,737,857 votes in favor (100.00%), 2 responses with 4 votes against (0.00%)
• Result: Passed

Resolution 3: Special Resolution - Reappointment of Independent Director

To re-appoint Mr. Kaiyomarz Minoo Marfatia (DIN: 03449627) as an Independent Director.

• Remote E-voting: 25 responses, 2,737,721 votes in favor (100.00%), 3 responses with 129 votes against (0.00%)
• E-voting at AGM: 2 responses, 11 votes in favor (0.00%), 0 against
• Combined: 27 responses, 2,737,732 votes in favor (100.00%), 3 responses with 129 votes against (0.00%)
• Result: Passed (special resolution requirement met)

Resolution 4: Ordinary Resolution - Material Related Party Transaction(s)

• Remote E-voting: 22 responses, 50,947 votes in favor (99.75%), 4 responses with 130 votes against (0.25%)
• E-voting at AGM: 2 responses, 11 votes in favor (0.00%), 0 against
• Combined: 24 responses, 50,958 votes in favor (99.75%), 4 responses with 130 votes against (0.25%)
• Note: *2,686,773 votes cast by promoters were excluded as they were interested parties
• Result: Passed

Resolution 5: Special Resolution - Payment of Commission to Non-executive Directors

• Remote E-voting: 24 responses, 2,737,720 votes in favor (100.00%), 4 responses with 130 votes against (0.00%)
• E-voting at AGM: 2 responses, 11 votes in favor (0.00%), 0 against
• Combined: 26 responses, 2,737,731 votes in favor (100.00%), 4 responses with 130 votes against (0.00%)
• Result: Passed (special resolution requirement met)

Shareholding and Voting Participation

Total outstanding shares: 3,611,540

Total votes polled: 2,737,861 (75.8087% of outstanding shares)

• Promoter and Promoter Group: 2,686,773 shares held, 2,686,773 votes polled (100% participation)
• Public Non-Institutions: 924,767 shares held, 51,088 votes polled (5.5244% participation)
• Public Institutions: 0 shares held, 0 votes polled

Additional Information

The voting results and scrutinizer's report are available on the company's website at https://snlbearings.in/. All 30 remote/e-voting responses were valid, though 2 promoter responses were excluded for Resolution No. 4. No invalid votes were recorded in any category for the other resolutions.