Team India Guaranty Limited submitted the voting results of a postal ballot conducted to seek shareholder approval for the regularization of Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Director of the Company.

The postal ballot notice was dated 16th July 2026, and the remote e-voting period commenced on 18th July 2026 and concluded on 16th August 2026 at 5:00 p.m. (IST). The Scrutinizer, Mohammed Aabid, Partner of M/s. Aabid & Co., Company Secretaries, submitted his report dated 17th August 2026, and the company declared the results on the same date.

Voting Results Details

  • Total Number of Shareholders on Record Date: 19,967
  • Total Number of Shares Outstanding: 8,993,149
  • Total Votes Polled: 6,911,501 shares (76.853% of outstanding shares)
  • Total Votes in Favor: 6,911,500 shares (100.00% of votes polled)
  • Total Votes Against: 1 share (0.0000% of votes polled)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares Held: 6,737,423
  • Votes Polled: 6,737,423 (100.00% of shares held)
  • Votes in Favor: 6,737,423 (100.00%)
  • Votes Against: 0 (0.00%)

Public Institutions:

  • Shares Held: 177,767
  • Votes Polled: 173,017 (97.3280% of shares held)
  • Votes in Favor: 173,017 (100.00%)
  • Votes Against: 0 (0.00%)

Public Non-Institutions:

  • Shares Held: 2,077,959
  • Votes Polled: 1,061 (0.0511% of shares held)
  • Votes in Favor: 1,060 (99.9057%)
  • Votes Against: 1 (0.0943%)

Scrutinizer's Report

The Scrutinizer, Mohammed Aabid, confirmed that the e-voting process was conducted fairly and transparently. The remote e-voting was facilitated by Central Depository Services Limited (CDSL) through their platform https://evoting.cdslindia.com/Evoting/EvotingLogin. The cut-off date for determining voting rights was Tuesday, 14th July 2026.

Resolution Outcome

The special resolution for regularization of Mr. Sanjiv Swarup as Non-Executive Independent Director was approved by the requisite majority of shareholders and is deemed to have been passed on 16th August 2026, the last date of the remote e-voting period.

The disclosure was made pursuant to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.