Postal Ballot Details

  • Record Date: June 5, 2026
  • Total Shareholders on Record Date: 64,689
  • Resolution Considered: Approval of material related party transaction(s) to be entered into with Nirani Sugars Limited for Financial Year 2026-27
  • Resolution Type: Ordinary Resolution
  • Scrutinizer: Mr. Deepak Sadhu (ACS: 39541, COP No.: 14992), Practicing Company Secretary
  • Voting Period: June 10, 2026 to July 9, 2026 (until 5:00 PM IST)
  • Result Declaration Date: July 9, 2026

Voting Results

Overall Results

  • Total Outstanding Shares: 8,57,52,591
  • Total Votes Polled: 62,51,964 shares (7.29% of outstanding shares)
  • Votes in Favor: 62,50,561 shares (99.98% of votes polled)
  • Votes Against: 1,403 shares (0.02% of votes polled)
  • Result: Resolution PASSED

Category-wise Breakdown

Promoter and Promoter Group:

  • Shares Held: 6,04,98,650
  • Votes Polled: 0 shares (0.00%)
  • Votes in Favor: 0 shares
  • Votes Against: 0 shares

Public Institutions:

  • Shares Held: 75,38,751
  • Votes Polled: 58,07,418 shares (77.03% of category shares)
  • Votes in Favor: 58,07,418 shares (100.00% of votes polled)
  • Votes Against: 0 shares

Public Non-Institutions:

  • Shares Held: 1,77,15,190
  • Votes Polled: 4,44,546 shares (2.51% of category shares)
  • Votes in Favor: 4,43,143 shares (99.68% of votes polled)
  • Votes Against: 1,403 shares (0.32% of votes polled)

Transaction Details

  • Related Party: Nirani Sugars Limited
  • Transaction Type: Purchase/sale of goods/materials and other business transactions
  • Maximum Aggregate Value: ₹2,500 Crores
  • Period: Financial Year 2026-27
  • Conditions: Transactions to be at arm's length and in ordinary course of business

Process Compliance

  • Postal Ballot Notice dated: May 22, 2026
  • Notice dispatched electronically: June 8, 2026
  • Newspaper advertisements published: June 9, 2026 (Financial Express English, Vishwavani Kannada)
  • E-voting facility provided by: National Securities Depository Limited (NSDL)
  • Scrutinizer unblocked votes on: July 9, 2026 at 6:15 PM IST in presence of two witnesses (Mr. Shibu and Mr. Gautam)
  • Scrutinizer's Report submitted: July 9, 2026

Additional Information

  • Voting results and scrutinizer's report will be available on company website: https://www.trualtbioenergy.com
  • All relevant records of electronic voting remain in scrutinizer's safe custody until minutes are approved
  • The resolution is deemed passed on July 9, 2026 after conclusion of voting period