Nature of the Disclosure

Disclosure under Regulation 30 and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding voting results and the Scrutinizer's report for a postal ballot conducted through remote e-voting.

Key Resolution and Outcome

A special resolution was passed for the re-appointment of Mr. Balasaheb Sawant (DIN: 07743507) as Whole Time Director and Key Managerial Personnel of the company for a term of three consecutive years, from May 26, 2026, to May 25, 2029. The resolution was passed with the requisite majority on August 21, 2026.

Voting Process Details

  • Postal Ballot Notice Date: Friday, May 22, 2026
  • Voting Period: Commenced at 9:00 a.m. IST on Thursday, July 23, 2026, and ended at 5:00 p.m. IST on Friday, August 21, 2026.
  • Cut-off Date for Voting Entitlement: Friday, July 17, 2026
  • Total Shareholders on Record Date: 79,554
  • Mode of Voting: Remote e-voting conducted through NSDL (National Securities Depository Limited)
  • Scrutinizer: CS Sanam Umbargikar, partner of M/s. DSM & Associates, Company Secretaries, was appointed via a board resolution on May 22, 2026.

Detailed Voting Results

  • Total Number of Shares: 80,482,800
  • Total Votes Polled: 58,281,483 shares
  • Percentage of Votes Polled: 72.41% of the total share capital
  • Votes in Favor: 58,100,796 shares (99.69% of votes polled)
  • Votes Against: 180,687 shares (0.31% of votes polled)

Category-wise Vote Breakdown

  • Promoter and Promoter Group: Held 54,967,825 shares. 54,967,715 shares voted, all (100%) in favor.
  • Public Institutions: Held 9,393,726 shares. 3,167,095 shares voted (33.72% of held shares). 2,989,112 votes (94.38%) in favor; 177,983 votes (5.62%) against.
  • Public Non-Institutions: Held 16,121,249 shares. 146,673 shares voted (0.91% of held shares). 143,969 votes (98.16%) in favor; 2,704 votes (1.84%) against.

Scrutinizer's Report

CS Sanam Umbargikar submitted the Scrutinizer's Report on August 21, 2026. The report confirms:

  • The remote e-voting process was conducted fairly and transparently.
  • The result was unblocked from the NSDL system in the presence of two witnesses: Sharvari Umbargikar and Sayali Padvekar.
  • 361 members participated in the e-voting.
  • The special resolution was carried with the requisite majority.

Additional Information

  • The company's corporate office is at 207/208, Udyog Bhavan, Sonawala Road, Goregaon (East), Mumbai – 400 063, Maharashtra, India.
  • The factory is located at A-5/2, Lote Parshuram Industrial Area, M.I.D.C. Tal.– Khed, Dist. – Ratnagiri, Pin :415 722, Maharashtra, India.
  • The company is a Government Recognised Export House.
  • The disclosure was signed by Prachi Sathe, Company Secretary & Compliance Officer, on August 22, 2026.