TRF Limited

Voting Process Details

The remote e-voting period commenced on Friday, May 15, 2026, at 9:00 AM IST and concluded on Saturday, June 13, 2026, at 5:00 PM IST. The cut-off date for determining shareholder eligibility was Friday, May 8, 2026. The company had 26,152 shareholders as of the cut-off date. The e-voting facility was provided by National Securities Depository Limited (NSDL).

Voting Results Overview

Both ordinary resolutions were passed with requisite majority:

  • Total votes polled: 354,800 (3.22% of total outstanding shares)
  • Total votes in favor: 351,330 (99.02% of votes polled)
  • Total votes against: 3,470 (0.98% of votes polled)
  • Invalid votes: Nil

Resolution 1: Material Related Party Transaction with Tata Steel Limited

  • Transaction Type: Operational transactions including purchase and sale of goods, rendering and receiving of services
  • Approved Value: Up to ₹314 crore (Rupees Three Hundred Fourteen crore only) for FY2026-27
  • Voting Results:
  • Votes in favor: 351,328 (99.02% of valid votes cast)
  • Votes against: 3,472 (0.98% of valid votes cast)
  • Members voting: 85 in favor, 7 against
  • Nature: Arm's length transactions in ordinary course of business

Resolution 2: Material Related Party Transaction with Tata Steel Utilities and Infrastructure Services Limited

  • Transaction Type: Receipt of various services
  • Approved Value: Up to ₹15.61 crore (Rupees Fifteen crore and Sixty One lakh only) for FY2026-27
  • Voting Results:
  • Votes in favor: 351,330 (99.02% of valid votes cast)
  • Votes against: 3,470 (0.98% of valid votes cast)
  • Members voting: 86 in favor, 6 against
  • Nature: Arm's length transactions in ordinary course of business

Shareholder Category-wise Voting Breakdown

  • Promoter and Promoter Group: Held 37,55,235 shares but did not participate in voting (0 votes polled)
  • Public Institutions: 60,827 shares held, 152 votes polled (100% in favor)
  • Public Non-Institutions: 71,88,350 shares held, 3,54,648 votes polled (99.02% in favor, 0.98% against)

Scrutinizer Appointment and Report

The postal ballot process was scrutinized by Pramod Kumar Singh, Partner of M/s P.K. Singh & Associates, Practicing Company Secretaries (Membership No. FCS 5878 & C.P. No. 19115). The scrutinizer certified that the voting was conducted properly and the results are valid.

Documents Submitted

The filing includes Annexure A (voting results details) and Annexure B (scrutinizer's report) as required by regulations.