Key Resolutions and Voting Results

Three resolutions were passed by members through remote e-voting on Thursday, May 11, 2026 (last date of remote e-voting):

Resolution 1: Special Resolution

  • Appointment of Dr. Ajay Kumar Singh (DIN: 08532830) as Non-Executive-Independent Director
  • Total votes polled: 10,345,842 (51.8589% of outstanding shares)
  • Votes in favor: 10,345,762 (99.9992% of votes polled)
  • Votes against: 80 (0.0008% of votes polled)
  • Resolution passed: Yes

Resolution 2: Ordinary Resolution

  • Appointment of Dr. L. Ravichandran (DIN: 02643264) as a Director of the Company
  • Total votes polled: 10,345,842 (51.8589% of outstanding shares)
  • Votes in favor: 10,345,762 (99.9992% of votes polled)
  • Votes against: 80 (0.0008% of votes polled)
  • Resolution passed: Yes

Resolution 3: Ordinary Resolution

  • Appointment of Dr. L. Ravichandran (DIN: 02643264) as Whole-time Director of the Company
  • Total votes polled: 10,345,842 (51.8589% of outstanding shares)
  • Votes in favor: 10,345,762 (99.9992% of votes polled)
  • Votes against: 80 (0.0008% of votes polled)
  • Resolution passed: Yes

Shareholder Category Breakdown

Total Outstanding Shares: 19,950,000

Promoter and Promoter Group:

  • Shares held: 10,336,162
  • Votes polled: 10,336,162 (100% participation)
  • Unanimous approval across all three resolutions (100% in favor)

Public Institutions:

  • Shares held: 75,634
  • Votes polled: 5,253 (6.9453% participation)
  • Unanimous approval across all three resolutions (100% in favor)

Public Non-Institutions:

  • Shares held: 9,538,204
  • Votes polled: 4,427 (0.0464% participation)
  • Votes in favor: 4,347 (98.1929% of votes polled)
  • Votes against: 80 (1.8071% of votes polled)
  • Consistent voting pattern across all three resolutions

Scrutinizer's Report Details

CS Mohan D Baid of M D Baid & Associates was appointed as Scrutinizer for the postal ballot process. Key details:

  • Remote e-voting period: May 13, 2026 (9:00 AM IST) to June 11, 2026 (5:00 PM IST)
  • Cut-off date for voting eligibility: May 8, 2026
  • Electronic Voting Sequence Number: EVSN-260509003
  • CDSL provided the remote e-voting facility
  • Public notice published in Business Standard (English) and Makkal Kural (Tamil) on May 13, 2026
  • Votes unblocked and downloaded on June 12, 2026 in Surat

Voting Statistics

  • Total members who voted: 46
  • Total valid votes cast: 10,345,842
  • Invalid votes: 0
  • Resolution 1: 46 members voted, 10,345,762 votes in favor, 80 against
  • Resolution 2: 46 members voted, 10,345,762 votes in favor, 80 against
  • Resolution 3: 46 members voted, 10,345,762 votes in favor, 80 against

Additional Information

  • The voting results and scrutinizer's report are available on the company website (www.tanfac.com) and CDSL website (https://www.evotingindia.com/noticeResults.jsp)
  • The company is a joint sector company with TIDCO and Anupam Rasayan India Ltd.