Key Event Details
The disclosure confirms that all resolutions set out in the Postal Ballot Notice dated 29th April, 2026 were duly passed by shareholders with requisite majority. The specific resolution detailed in the report is Resolution No. 1, a Special Resolution to approve the issue of bonus shares to public shareholders of the company for MPS compliance.
Scrutinizer Appointment
I. Balaramakrishna Desina, Proprietor of Balaramakrishna & Associates, Company Secretaries in Practice, was appointed as scrutinizer by the Board of Directors pursuant to Section 108 and 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014.
Voting Process Details
- Cut-off date for shareholder eligibility: Friday, 01st May 2026
- E-voting platform provider: Central Depository Services (India) Limited (CDSL)
- E-voting commencement: Wednesday, 06th May 2026 at 9:00 AM IST
- E-voting conclusion: Thursday, 04th June 2026 at 5:00 PM IST
- Physical postal ballot forms were not dispatched as per MCA Circulars
- Votes were unblocked in the presence of Mr. Madhur and Mr. Chandrasekhar, who are not in the employment of the Company
Voting Results for Resolution No. 1 (Special Resolution)
Voted in Favor:
- Remote E-voting: 126 members casting 82,42,00,654 valid votes (100% of total valid votes cast)
- Physical Postal Ballot: 0 members casting 0 votes (0%)
- Total: 126 members casting 82,42,00,654 valid votes (100%)
Voted Against:
- Remote E-voting: 2 members casting 30 valid votes (0% of total valid votes cast)
- Physical Postal Ballot: 0 members casting 0 votes (0%)
- Total: 2 members casting 30 valid votes (0%)
Invalid/Abstained/Less/Not Voted:
- Remote E-voting: 0 members holding 0 shares
- Physical Postal Ballot: 0 members holding 0 shares
- Total: 0 members holding 0 shares
Resolution Outcome
Resolution No. 1 stands passed with requisite majority (Special Resolution) as of Thursday, 04th June 2026 at 05:00 pm.