Meeting Details
- Date of Meeting: September 04, 2026
- Type of Meeting: Extra-Ordinary General Meeting (EGM)
- Location: Conducted through Video Conferencing (VC)
- Record Date: Friday, August 28, 2026
- Total Number of Shareholders on Record Date: 24,120
Proposed Resolution and Implications
Resolution 1: Issue of 2,00,00,000 (Two Crore) warrants, convertible into equity shares on a preferential basis to persons belonging to the promoter and non-promoter category. This was a special resolution requiring shareholder approval for fundraising via a preferential issue of convertible instruments.
Voting Process and Methods
- Remote E-Voting Period: Commenced on Tuesday, September 01, 2026 at 09:00 A.M. and ended on Thursday, September 03, 2026 at 05:00 P.M.
- E-Voting During Meeting: Available for shareholders present at the EGM via VC who had not voted during the remote e-voting period.
- Service Provider: Bigshare Services Private Limited provided the e-voting facility at https://ivote.bigshareonline.com.
- Vote Unblocking: Votes were unblocked in the presence of two independent witnesses, Ms. Janhavi Kulkarni and Ms. Mahek Rander, who are not employees of the company.
Key Voting Outcomes
Overall Voting Summary
- Total Number of Votes Cast: 6,62,76,110
- Percentage of Votes Polled to Total Share Capital: 35.74%
- Votes in Favor: 6,62,74,840 (99.99% of votes cast)
- Votes Against: 1,270 (0.01% of votes cast)
- Number of Shareholders Voting: 40
- Result: The resolution was passed as a Special Resolution.
Category-Wise Voting Breakdown
Promoters & Promoter Group
- Shares Held: 67,466,500
- Votes Cast: 65,905,500 (97.69% of shares held voted)
- Votes in Favor: 65,905,500 (100.00%)
- Votes Against: 0 (0.00%)
- Voting Mode: Entirely via E-VOTING; no votes via POLL or POSTAL BALLOT.
Public Institutions
- Shares Held: 19,628,567
- Votes Cast: 71,747 (0.37% of shares held voted)
- Votes in Favor: 71,747 (100.00%)
- Votes Against: 0 (0.00%)
- Voting Mode: Entirely via E-VOTING.
Public Non-Institutions
- Shares Held: 98,356,913
- Votes Cast: 298,863 (0.30% of shares held voted)
- Votes in Favor: 297,593 (99.58%)
- Votes Against: 1,270 (0.42%)
- Voting Mode: Entirely via E-VOTING.
Total Share Capital
- Total Shares: 185,451,980 (sum of all categories)
Scrutinizer's Role and Findings
- Scrutinizer: Mrs. Amita Karia, Practicing Company Secretary (CP No. 16962, FCS No. 11066).
- Appointment: Appointed by the Board of Directors to scrutinize the remote e-voting and e-voting process during the EGM.
- Key Responsibilities: Ensuring the vote count was conducted properly based on reports from Bigshare Services Pvt. Ltd.; issuing a consolidated scrutinizer's report.
- Findings: Confirmed that the voting process was conducted in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, SEBI LODR Regulations, MCA Circulars, SEBI Circulars, and Secretarial Standard SS-2.
- Conclusion: All resolutions were duly passed by the members with the requisite majority.
Compliance Confirmation
The disclosure confirms compliance with:
- Regulation 44 of the SEBI (LODR) Regulations, 2015
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- MCA Circulars (including General Circulars No. 20/2020, 02/2021, 19/2021, 21/2021, 02/2022, 10/2022, 09/2024)
- SEBI Circulars (dated May 12, 2020, January 15, 2021, May 13, 2022, January 5, 2023, October 7, 2023)
- Secretarial Standard on General Meetings (SS-2)
Additional Information
- The company has no shares with differential voting rights.
- The register of votes was maintained electronically, recording shareholder details, shares held, and assent/dissent.
- The management is responsible for compliance with voting regulations; the scrutinizer's role was limited to reporting vote counts.
- Percentages are rounded to the nearest decimals.
- Number of shareholders voted (40) is not grouped based on PAN.