Key Details
- The postal ballot was conducted pursuant to Section 110 of the Companies Act, 2013 read with the Companies (Management and Administration) Rules, 2014
- Remote e-voting period: Friday, 03rd July, 2026 at 9:00 a.m. (IST) to Saturday, 01st August, 2026 at 5:00 p.m. (IST)
- Record date: 26th June, 2026
- Total number of shareholders on record date: 41,133
- Number of resolutions passed: 4 special resolutions
- Scrutinizer: Manish R. Patel, Company Secretary (ACS No.: 19885)
- Scrutinizer appointed on: 29th June, 2026
- Scrutinizer's report issued on: 03rd August, 2026
Voting Results Summary
All four special resolutions were approved with requisite majority:
Resolution 1: Appointment of Mr. Shreyansh Baid (DIN: 03269224) as Independent Director
- Total votes polled: 145,743,679 shares (40.1352% of outstanding shares)
- Votes in favor: 145,741,463 shares (99.9985% of votes polled)
- Votes against: 2,217 shares (0.0015% of votes polled)
- Promoter group: 142,069,162 shares voted 100% in favor
- Public non-institutions: 3,674,518 shares voted 99.9397% in favor
Resolution 2: Approval for investments, loans, securities and guarantees under Section 186
- Total votes polled: 145,743,679 shares (40.1352% of outstanding shares)
- Votes in favor: 145,650,953 shares (99.9364% of votes polled)
- Votes against: 92,726 shares (0.0636% of votes polled)
- Promoter group: 142,069,162 shares voted 100% in favor
- Public non-institutions: 3,674,517 shares voted 97.4765% in favor
Resolution 3: Approval to make investment in Celloraa Energy Private Limited
- Total votes polled: 145,743,679 shares (40.1352% of outstanding shares)
- Votes in favor: 145,741,417 shares (99.9985% of votes polled)
- Votes against: 2,262 shares (0.0015% of votes polled)
- Promoter group: 142,069,162 shares voted 100% in favor
- Public non-institutions: 3,674,517 shares voted 99.9397% in favor
Resolution 4: Approval to give guarantees or provide securities to Celloraa Energy Private Limited
- Total votes polled: 145,743,679 shares (40.1352% of outstanding shares)
- Votes in favor: 145,659,585 shares (99.9423% of votes polled)
- Votes against: 84,094 shares (0.0577% of votes polled)
- Promoter group: 142,069,162 shares voted 100% in favor
- Public non-institutions: 3,674,517 shares voted 97.7114% in favor
Scrutinizer's Report Details
- Scrutinizer: Manish R. Patel, Company Secretary in Practice at Surat
- Voting conducted through National Securities Depository Limited (NSDL)
- Electronic Voting Event Number (EVEN): 140002
- Public notice published in Business Standard (English) and Loksatta-Jansatta (Gujarati) on 3rd July, 2026
- Votes unblocked on 1st August, 2026 in presence of witnesses CS Ankitkumar Tank and CS Priyanka N. Sane
- No invalid votes were recorded in any resolution
Shareholding Structure
- Total outstanding shares: 363,132,000
- Promoter and Promoter Group holding: 142,069,162 shares (39.11%)
- Public Institutions holding: 0 shares
- Public Non-Institutions holding: 221,062,838 shares (60.89%)
Additional Information
- Company registered office: Office No. 805, Solaris Bay View, Near Iscon Mall, Piplod, Surat-395007, Gujarat
- Company CIN: L14101GJ2011PLC065141