Meeting Details

  • Type of Meeting: Postal Ballot
  • Record Date: 22-05-2026
  • Remote E-Voting Commencement: Thursday, 28 May 2026 at 09:00 AM IST
  • Remote E-Voting End: Friday, 26 June 2026 at 05:00 PM IST
  • Resolution Deemed Passed: 26 June 2026 (last date of e-voting)

Proposed Resolution and Implications

The single resolution proposed was an Ordinary Resolution for "TO ENTER INTO RELATED PARTY TRANSACTIONS." The resolution specifically noted that promoters/promoter groups were interested in this agenda item, indicating their potential involvement in the transactions being approved.

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facilitated by Central Depository Services (India) Limited (CDSL) as the service provider. No physical polling or postal ballot forms were used. The company appointed M/s Khanna Ashwani & Associates, Practicing Company Secretaries, as scrutinizers through a board meeting held on 02 May 2026.

Key Voting Outcomes

Overall Voting Results

  • Total Number of Shareholders on Record Date: 28,492
  • Number of Members Voted: 117
  • Total Votes Cast (Shares): 1,103,391
  • Percentage of Total Paid-Up Share Capital Voted: 1.3730%
  • Votes in Favor: 1,102,485 shares (99.9179%)
  • Votes Against: 906 shares (0.0821%)
  • Resolution Outcome: Passed

Category-wise Voting Breakdown

Promoter and Promoter Group

  • Shares Held: 60,249,160
  • Votes Polled: 0 shares (0.0000% participation)
  • Votes in Favor: 0
  • Votes Against: 0

Public Institutions

  • Shares Held: 16,769
  • Votes Polled: 16,769 shares (100.0000% participation)
  • Votes in Favor: 16,769 shares (100.0000%)
  • Votes Against: 0 shares

Public Non-Institutions

  • Shares Held: 20,097,817
  • Votes Polled: 1,086,622 shares (5.4067% participation)
  • Votes in Favor: 1,085,716 shares (99.9166%)
  • Votes Against: 906 shares (0.0834%)

Scrutinizer's Role and Findings

M/s Khanna Ashwani & Associates, specifically Ashwani Kumar Khanna (FCS-3254), was appointed as scrutinizer. Their responsibilities included:

  • Unblocking and downloading results from the CDSL e-voting platform
  • Scrutinizing all votes cast through remote e-voting
  • Maintaining electronic registers of votes received from the service provider
  • Certifying the final results and handing over records to the company

The scrutinizer confirmed that the resolution passed with requisite majority and maintained all required records electronically.

Compliance with Laws and Regulations

The process complied with:

  • Section 110 of the Companies Act, 2013
  • Rule 22 of the Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Secretarial Standards on General Meetings (SS-2)
  • Multiple MCA General Circulars including 14/2020, 17/2020, 3/2022, 09/2023, 09/2024, and 03/2025
  • SEBI Circular No. SEBI/HO/CFD/CMD1/CIR/P/2020/242 dated December 9, 2020

Signatories and Company Information

  • Address: Chandigarh Road Ludhiana-141010, Punjab
  • Scrutinizer: Ashwani Kumar Khanna, Practicing Company Secretary (FCS-3254) of M/s Khanna Ashwani & Associates