Meeting Details

  • Type of Meeting: Extra-Ordinary General Meeting (EOGM)
  • Date: Saturday, 18th July, 2026
  • Time: 11:00 a.m. IST
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM) without physical presence of members. The designated venue was Bungalow no 36/B, C.T.S. No 994 & 945 (S.no.117 & 118) Madhav Baug, Shivtirth Nagar, Kothrud, Pune - 411038.

Proposed Resolution and Implications

The EGM considered one special resolution:

  • Resolution No. 1: Issuance of Warrants on A Preferential Basis to the persons belonging to 'Promoter and Promoters Group Category' and 'Non-Promoter Category' of the Company ("Investor Preferential Issue"). This resolution sought shareholder approval for raising funds through a preferential issue of warrants.

Voting Process and Methods

The voting was conducted through two methods:

1. Remote E-Voting: Managed by Bigshare Services Private Limited using the NSDL e-voting platform. The voting period was from 9:00 a.m. IST on Wednesday, 15th July 2026 to 5:00 p.m. IST on Friday, 17th July 2026.

2. E-Voting during EGM (Poll): Shareholders who had not voted remotely could vote by poll during the meeting through the same NSDL platform.

The cut-off date for determining shareholder eligibility to vote was Friday, 10th July 2026.

Key Voting Outcomes

Overall Results for Resolution No. 1 (Special Resolution)

  • Total Valid Votes Cast: 105,709
  • Votes in Favor: 105,709 (100.00%)
  • Votes Against: 0 (0.00%)
  • Result: Unanimously passed

Voting Method Breakdown

  • Remote E-Voting: 83,891 votes (79.36% of total votes cast)
  • Voting at EGM (Poll): 21,818 votes (20.64% of total votes cast)

Shareholder Category Breakdown

  • Promoter & Promoter Group: Held 24,275,436 shares. Zero votes were polled from this category (0.00% participation).
  • Public Institutions: Zero votes polled (0.00% participation).
  • Public Non-Institutions: Held 11,711,334 shares. 105,709 votes were polled from this category (0.90% participation), all in favor of the resolution.
  • Total Outstanding Shares: 35,986,770
  • Total Votes Polled: 105,709 (0.29% of total outstanding shares)

Meeting Attendance

  • Total Shareholders on Record Date: 8,657
  • Shareholders Present through Video Conferencing: 35
  • Promoters and Promoter Group: 2
  • Public: 33
  • Shareholders Present in Person/Proxy: 0

Scrutinizer's Role and Findings

Nishad Umranikar, Partner of MSN Associates, Company Secretaries, was appointed as the Scrutinizer by the Board of Directors in their meeting on 19th June 2026. His responsibilities included ensuring a fair and transparent voting process and preparing this consolidated report.

The remote e-voting system was unblocked on 17th July 2026 at 5:00 p.m. IST in the presence of two independent witnesses: Vrushali Pangarkar and Neha Gogate. The scrutinizer reconciled the votes cast through both methods with company records and confirmed the accuracy of the results.

Compliance Confirmation

The document confirms that the EGM was conducted in compliance with:

  • The Companies Act, 2013 and relevant Rules
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • MCA Circulars including General Circular No. 14/2020, 17/2020, 20/2020, and Circular No. 09/2023
  • SEBI Circulars including SEBI/HO/CFD/PoD-2/P/CIR/2023/4 and SEBI/HO/CFD/CFD-PoD-2/P/CIR/2023/167