Meeting Details
The EGM was held on September 10, 2026, from 2:30 PM to 2:41 PM through Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting notice was dated August 14, 2026, and the record date for determining voting eligibility was September 3, 2026.
Proposed Resolutions and Implications
Two resolutions were considered:
1. Special Resolution: Issuance of Equity shares on a Preferential Basis to certain promoters of the Company for an aggregate consideration not exceeding ₹75.00 crores.
2. Ordinary Resolution: Raising capital in one or more tranches through an issuance of equity shares and/or other eligible securities by way of a Qualified Institutions Placement.
Voting Process and Methods
The voting was conducted electronically through Central Depository Services (India) Limited (CDSL). Remote e-voting commenced on September 7, 2026, at 9:00 AM and ended on September 9, 2026, at 5:00 PM. Additional e-voting was available during the EGM for shareholders who had not voted remotely.
Key Voting Outcomes
Overall Participation
- Total shareholders on record date: 142,289
- Total votes cast: 213,921,106 shares (68.46% of outstanding shares)
- Shareholders attending via video conferencing: 52 (3 Promoters/Promoter Group, 49 Public)
Resolution 1: Preferential Issue to Promoters (Special Resolution)
- Total votes cast: 213,921,106
- Votes in favor: 212,408,447 (99.29%)
- Votes against: 1,512,659 (0.71%)
- Category-wise breakdown:
- Promoter & Promoter Group: 83,368,062 votes (100% in favor)
- Public Institutions: 124,042,702 votes (98.79% in favor, 1.21% against)
- Public Non-Institutions: 6,510,342 votes (99.84% in favor, 0.16% against)
Resolution 2: Qualified Institutions Placement (Ordinary Resolution)
- Total votes cast: 213,921,106
- Votes in favor: 212,412,289 (99.29%)
- Votes against: 1,508,817 (0.71%)
- Category-wise breakdown:
- Promoter & Promoter Group: 83,368,062 votes (100% in favor)
- Public Institutions: 124,042,702 votes (98.79% in favor, 1.21% against)
- Public Non-Institutions: 6,510,342 votes (99.89% in favor, 0.11% against)
Invalid Votes
- Total invalid votes: 53,716
- Public Institutions: 9,716 invalid votes
- Public Non-Institutions: 44,000 invalid votes
- Promoter & Promoter Group: 0 invalid votes
Scrutinizer's Role and Findings
Sudhir Vishnupant Hulyalkar, Company Secretary in Practice (Membership Number: 6040), was appointed as Scrutinizer by the Board of Directors on August 14, 2026. His responsibilities included:
- Scrutinizing both remote e-voting and e-voting during the EGM
- Downloading voting data from CDSL system in presence of two witnesses
- Validating votes against company records
- Declaring votes invalid from institutional/corporate shareholders without proper authorization
The scrutinizer confirmed that all voting procedures complied with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management & Administration) Rules, 2014.
Compliance with Regulations
The meeting was conducted in compliance with:
- Companies Act, 2013 and relevant rules
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA General Circular No. 03/2025 dated September 22, 2025
- SEBI circulars regarding VC/OAVM meetings
Additional Information
The voting results and scrutinizer's report are available on the company's website at https://www.tdps.co.in/investor-relations/corporate-governance.