Key Resolutions and Voting Results

Resolution Details:

The company conducted a postal ballot with remote e-voting for nine resolutions. The e-voting period commenced on Saturday, 25th April 2026 at 9:00 AM IST and ended on Sunday, 24th May 2026 at 5:00 PM IST.

Record Date: 17th April 2026

Total Shareholders on Record Date: 102

Total Outstanding Shares: 49,772,500

Resolution-wise Results:

1. Appointment of Mr. Ankit Jalan (DIN: 01835733) as Chairman and Managing Director (Special Resolution)

  • Term: 3 years effective from 27th February 2026
  • Votes in favor: 5,595,401 (100% of votes polled)
  • Promoter votes invalidated: 32,382,249 shares
  • Result: PASSED

2. Appointment of Mrs. Prachi Jalan (DIN: 10454972) as Whole-Time Director (Special Resolution)

  • Term: 3 years effective from 27th February 2026
  • Votes in favor: 5,595,401 (100% of votes polled)
  • Promoter votes invalidated: 32,382,249 shares
  • Result: PASSED

3. Appointment of Mr. Daivik Jalan (DIN: 10808174) as Non-Independent Non-Executive Director (Special Resolution)

  • Term: 3 years effective from 27th February 2026
  • Votes in favor: 5,595,401 (100% of votes polled)
  • Promoter votes invalidated: 32,382,249 shares
  • Result: PASSED

4. Appointment of Mrs. Pragati Goel (DIN: 10447667) as Non-Executive Independent Women Director (Special Resolution)

  • Term: 5 years effective from 27th February 2026
  • Votes in favor: 37,977,650 (100% of votes polled)
  • No invalid votes
  • Result: PASSED

5. Appointment of Mr. Giri Raj Parashar (DIN: 10491076) as Non-Executive Independent Director (Special Resolution)

  • Term: 5 years effective from 27th February 2026
  • Votes in favor: 37,977,650 (100% of votes polled)
  • No invalid votes
  • Result: PASSED

6. Appointment of Mr. Shivam Gupta (DIN: 07690975) as Non-Executive Independent Director (Special Resolution)

  • Term: 5 years effective from 27th February 2026
  • Votes in favor: 37,977,650 (100% of votes polled)
  • No invalid votes
  • Result: PASSED

7. Approval under Section 185 of Companies Act, 2013 for loans/guarantees/security (Special Resolution)

  • Authorization to Directors to execute related documents
  • Votes in favor: 5,595,401 (100% of votes polled)
  • Promoter votes invalidated: 32,382,249 shares
  • Result: PASSED

8. Approval for Material Related Party Transaction with Tandhan Polyplast Limited (Ordinary Resolution)

  • Under Section 188 of Companies Act, 2013 and Regulation 23 of SEBI LODR
  • Votes in favor: 5,595,401 (100% of votes polled)
  • Promoter votes invalidated: 32,382,249 shares
  • Non-related party votes: 5,595,401
  • Result: PASSED

9. Approval of revised certificate under Regulation 45(3) of Listing Regulations (Special Resolution)

  • Confirming compliance with Regulation 45(1)
  • Votes in favor: 37,977,650 (100% of votes polled)
  • No invalid votes
  • Result: PASSED

Voting Participation

  • Promoter & Promoter Group Holding: 32,382,249 shares (65.07%)
  • Public Non-Institutions Holding: 17,390,251 shares (34.93%)
  • Public Institutions Holding: 0 shares
  • Total Votes Polled: Varied by resolution (5,595,401 to 37,977,650 shares)
  • Voting Percentage: Ranged from 11.242% to 76.3025% of outstanding shares

Scrutinizer Details

  • Name: Nuren Nirmal Lodaya
  • Firm: M/s. Nuren Lodaya & Associates
  • Qualification: CS
  • Membership Number: 24248
  • Date of Appointment: 18th April 2026
  • Report Date: 25th May 2026

Additional Information

  • The entire voting process was conducted through remote e-voting via NSDL
  • No physical copies of postal ballot forms were sent
  • Promoter votes were treated as invalid and excluded for resolutions where promoters were interested parties, in compliance with Companies Act, 2013 and Regulation 23 of SEBI LODR Regulations, 2015
  • All resolutions passed with requisite majority (special resolutions required 75% approval, ordinary resolution required 50% approval)