Nature of the Disclosure

Regulatory filing regarding the outcome of a postal ballot process conducted by UFLEX LIMITED (Scrip Code: 500148) to seek shareholder approval for increasing the company's borrowing limits.

Key Quantitative Figures

  • Approved borrowing limit: ₹5000.00 Crore (Rupees Five Thousand Crore)
  • Total votes cast: 33,302,197 shares representing 46.12% of outstanding shares
  • Votes in favor: 33,276,565 shares (99.92% of votes cast)
  • Votes against: 25,632 shares (0.08% of votes cast)
  • Promoter holding: 32,190,949 shares
  • Public institution holding: 7,386,282 shares
  • Public non-institution holding: 32,634,255 shares

Dates of Action

  • Cut-off date for voting eligibility: 25th September 2026
  • Postal Ballot Notice date: 30th September 2026
  • Remote e-voting period: 2nd October 2026 (9:00 Hours IST) to 31st October 2026 (17:00 Hours IST)
  • Scrutinizer's Report date: 31st October 2026
  • Resolution deemed passed: 31st October 2026

Parties Involved

  • Scrutinizer: Mahesh Kumar Gupta, Proprietor of Mahesh Gupta & Co., Company Secretaries
  • Voting Agency: Central Depository Services (India) Limited (CDSL)
  • Stock Exchanges: BSE Limited and National Stock Exchange of India Limited
  • Witness: Paresh Nath Sharma (Independent Director)

Voting Results Breakdown

Promoter and Promoter Group:

  • Shares held: 32,190,949
  • Votes cast: 32,190,549 (99.9988% of holding)
  • Votes in favor: 32,190,549 (100% of votes cast)
  • Votes against: 0 (0% of votes cast)

Public Institutions:

  • Shares held: 7,386,282
  • Votes cast: 852,020 (11.5352% of holding)
  • Votes in favor: 828,933 (97.2903% of votes cast)
  • Votes against: 23,087 (2.7097% of votes cast)

Public Non-Institutions:

  • Shares held: 32,634,255
  • Votes cast: 259,628 (0.7956% of holding)
  • Votes in favor: 257,083 (99.0198% of votes cast)
  • Votes against: 2,545 (0.9802% of votes cast)

Purpose and Rationale

The resolution authorizes the Board of Directors to borrow funds (excluding temporary loans from bankers in ordinary course of business) up to ₹5000 crore on such terms and conditions as deemed fit.

Disclosure Compliance

The voting results and scrutinizer's report have been uploaded on the company's website (www.uflexltd.com) and submitted to stock exchanges as required under regulatory provisions.