Team India Guaranty Limited submitted the outcome of its postal ballot process to BSE Limited and National Stock Exchange of India Ltd. regarding the regularization of appointment of Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Director of the Company.

Key Dates and Process Details

  • Postal Ballot Notice dated: 16th July, 2026 (mentioned in body) / 13th July 2026 (mentioned in annexure)
  • Cut-off date for shareholder eligibility: Tuesday, 14th July, 2026
  • Remote e-voting period: Saturday, 18th July, 2026 at 9:00 a.m. IST to Sunday, 16th August, 2026 at 5:00 p.m. IST
  • Scrutinizer Report dated: 17th August, 2026
  • Results declared by Company: 17th August, 2026
  • Resolution deemed passed: 16th August, 2026 (last date of remote e-voting)

Voting Results and Shareholder Structure

  • Total number of shareholders on record date: 19,967
  • Total shares outstanding: 89,93,149
  • Total votes polled: 69,29,342 shares (77.05% of outstanding shares)
  • Votes in favor: 69,29,267 shares (99.99% of votes polled)
  • Votes against: 75 shares (0.00% of votes polled)

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares held: 67,37,423
  • Votes polled: 67,37,423 (100.00% of shares held)
  • Votes in favor: 67,37,423 (100.00%)
  • Votes against: 0 (0.00%)

Public Institutions:

  • Shares held: 1,91,655
  • Votes polled: 1,86,905 (97.52% of shares held)
  • Votes in favor: 1,86,905 (100.00%)
  • Votes against: 0 (0.00%)

Public Non-Institutions:

  • Shares held: 20,64,071
  • Votes polled: 5,014 (0.24% of shares held)
  • Votes in favor: 4,939 (98.50%)
  • Votes against: 75 (1.49%)

Resolution Details

  • Item No. 1: Regularization of Appointment of Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Director of the Company
  • Type of Resolution: Special Resolution
  • Promoter/promoter group interest in resolution: No
  • Result: Passed

Scrutinizer Details

  • Name: Mohammed Aabid, Partner of M/s. Aabid & Co., Company Secretaries
  • Address: Office 302, 3rd floor, 22 Business Point, S.V. Road, opposite to Andheri Subway, Andheri West, Mumbai – 400058
  • Appointment: By Board of Directors pursuant to Section 108 and 110 of Companies Act, 2013

Service Provider and Voting Mechanism

  • E-voting service provider: Central Depository Services Limited (CDSL)
  • Voting platform: https://evoting.cdslindia.com/Evoting/EvotingLogin
  • Corporate members provided scanned copies of board resolutions authorizing their votes

Company Representatives

  • Aarti Pandey, Company Secretary and Compliance Officer (signatory)
  • Niru Shiv Kumar Kanodia, Chief Executive Officer (countersigned scrutinizer report, authorized by Sanjiv Swarup, Chairperson)