Key Resolutions and Voting Results
The postal ballot contained two special resolutions that were voted on by shareholders:
Resolution 1: Migration to BSE Main Board
- Description: Approve Migration of Listing/Trading of Equity Shares of The Company from SME Platform of BSE Limited to Main Board of BSE Limited
- Voting Results:
- Total shares voted: 11,282,087 (44.19% of outstanding shares)
- Votes in favor: 11,282,087 (100% of votes cast)
- Votes against: 0
- Resolution passed: Yes
Resolution 2: NSE Main Board Listing Application
- Description: To Make an Application for Direct Listing/Trading of Equity Shares of The Company on The Main Board of National Stock Exchange of India Limited (NSE)
- Voting Results:
- Total shares voted: 11,282,087 (44.19% of outstanding shares)
- Votes in favor: 11,282,087 (100% of votes cast)
- Votes against: 0
- Resolution passed: Yes
Voting Process Details
- Cut-off date: Friday, June 12, 2026 (shareholders registered as of this date were eligible to vote)
- E-voting period: Commenced June 22, 2026 (9:00 AM IST) and concluded July 21, 2026 (5:00 PM IST)
- E-voting platform: National Securities Depository Limited (NSDL) at www.evoting.nsdl.com
- Scrutinizer: Mr. Maharshi Ganatra (Membership No. F11332) of M/s. Maharshi Ganatra & Associates, Practising Company Secretary
- Total outstanding shares: 25,539,417
Shareholder Category Breakdown
Resolution 1 Voting Breakdown:
- Promoter & Promoter Group: 8,869,525 shares voted (100% in favor)
- Public Institutions: 213,800 shares voted (100% in favor)
- Public Non-Institutions: 2,198,762 shares voted (100% in favor)
Resolution 2 Voting Breakdown:
- Promoter & Promoter Group: 8,869,525 shares voted (100% in favor)
- Public Institutions: 213,800 shares voted (100% in favor)
- Public Non-Institutions: 2,198,762 shares voted (100% in favor)
Special Note on Voting Methodology
For both resolutions, votes cast by only public shareholders were considered for the results of e-voting in accordance with Regulation 277 of SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The votes cast by shareholders other than promoters in favor of each resolution were more than two times the votes cast against, meeting the regulatory requirement.
Effective Date and Documentation
- Resolution passage date: July 21, 2026 (last date of e-voting)
- Results announcement: Within 2 working days of July 21, 2026
- Documentation: The scrutinizer's report and voting records will remain in the scrutinizer's custody until minutes are approved, then transferred to the Company Secretary for safekeeping
- Public disclosure: Results are available on company website (www.veefin.com) and BSE website
Financial Impact
Financial impact not quantified in the disclosure. The resolutions relate to listing venue changes rather than direct financial transactions.