Meeting Details

The approval was sought through a Postal Ballot process without a physical meeting. The remote e-voting period commenced on Wednesday, July 1, 2026, at 9:00 a.m. (IST) and concluded on Thursday, July 30, 2026, at 5:00 p.m. (IST). The cut-off date for determining shareholder eligibility to vote was June 26, 2026.

Proposed Resolution and Implications

The single special resolution proposed was: 'Approval for issuance of Non-Convertible Debentures on a private placement basis.' The resolution sought authorization for the company to raise funds through private placement of NCDs, a debt financing instrument. The promoters/promoter group were not interested in this resolution.

Voting Process

The voting was conducted exclusively through a remote e-voting process facilitated by National Securities Depository Limited (NSDL). No physical polling or postal ballot (physical forms) was conducted. The company provided the e-voting facility to all equity shareholders registered as of the cut-off date of June 26, 2026.

Key Voting Outcomes

Overall Results

The resolution was approved with a requisite majority.

  • Total Votes Cast: 3,74,99,77,102 shares
  • Percentage of Votes Polled on Outstanding Shares: 88.3414%
  • Votes in Favor: 3,74,99,19,420 shares (99.9985% of votes polled)
  • Votes Against: 57,682 shares (0.0015% of votes polled)

Category-wise Breakdown

Promoter and Promoter Group:

  • Shares Held: 3,62,55,54,447
  • Votes Polled via E-Voting: 3,43,85,05,207 (94.8408% of shares held)
  • Votes in Favor: 100.00% (3,43,85,05,207 shares)
  • Votes Against: 0.00% (0 shares)

Public Institutions:

  • Shares Held: 36,96,22,339
  • Votes Polled via E-Voting: 30,95,84,753 (83.7570% of shares held)
  • Votes in Favor: 100.00% (30,95,84,753 shares)
  • Votes Against: 0.00% (0 shares)

Public Non-Institutions:

  • Shares Held: 24,96,92,251
  • Votes Polled via E-Voting: 18,87,142 (0.7558% of shares held)
  • Votes in Favor: 96.9434% (18,29,460 shares)
  • Votes Against: 3.0566% (57,682 shares)

Scrutinizer's Detailed Tally (Annexure B)

  • Number of Members Voting in Favor: 6,507
  • Valid Votes Cast in Favor: 3,74,99,19,420 shares (100.00% of valid votes, rounded off)
  • Number of Members Voting Against: 380
  • Valid Votes Cast Against: 57,682 shares (0.00% of valid votes, rounded off)
  • Invalid Votes: NIL members, NIL shares

Scrutinizer's Role and Findings

Mr. P. N. Parikh of M/s. Parikh & Associates, Practicing Company Secretaries (FCS 327 CP 1228), was appointed as the Scrutinizer to ensure a fair and transparent process. His responsibilities included scrutinizing the votes cast through the remote e-voting system based on data downloaded from NSDL and maintaining a register of votes as per the Companies (Management and Administration) Rules, 2014. He confirmed that the remote e-voting module was disabled after the voting period ended and that the votes were thereafter unblocked for scrutiny. He submitted his report to the Chairman of the company, concluding the voting process.

Compliance Confirmation

The entire process was conducted in compliance with:

  • Sections 108 and 110 of the Companies Act, 2013
  • The Companies (Management and Administration) Rules, 2014 (Rules 20 and 22)
  • MCA General Circulars No. 14/2020 (April 8, 2020), 17/2020 (April 13, 2020), and 3/2025 (September 22, 2025)
  • Secretarial Standard on General Meetings
  • SEBI Listing Regulations, specifically Regulations 30, 44(3), and 51(2) read with Schedule III

The voting results and scrutinizer's report were uploaded to the company's website (www.tatacapital.com) and NSDL's e-voting website (www.evoting.nsdl.com), and displayed on the notice board at the company's registered office.