Key Resolutions Approved
Shareholders approved all three special resolutions set out in the Postal Ballot Notice dated September 07, 2026:
- Item No. 1: Enhancement of Borrowing Limits under Section 180(1)(c) of the Companies Act, 2013 from ₹750 Crores to ₹1,250 Crores (Special Resolution)
- Item No. 2: Enhancement of limit for creation of charges/mortgages on company assets under Section 180(1)(a) of the Companies Act, 2013 (Special Resolution)
- Item No. 3: Continuation of payment of commission to non-executive directors of the company (Special Resolution)
Voting Process Details
- Remote e-Voting Period: Commenced Sunday, September 13, 2026 at 9:00 AM IST and ended Monday, October 12, 2026 at 5:00 PM IST
- Record Date: August 28, 2026
- Total Shareholders on Record Date: 27,353
- Total Outstanding Shares: 12,057,095
- Scrutinizer: Dhrumil M. Shah & Co. LLP, Practicing Company Secretaries
- E-voting Service Provider: Bigshare Services Private Limited
Detailed Voting Results
Resolution 1: Borrowing Limit Enhancement
- Total Votes Polled: 8,466,774 shares (70.2223% of outstanding shares)
- Votes in Favor: 8,466,573 shares (99.9976% of votes polled)
- Votes Against: 201 shares (0.0024% of votes polled)
- Result: Passed
Category-wise Breakdown - Resolution 1:
- Promoter & Promoter Group: 8,188,115 shares voted (100% of category holdings), all in favor
- Public Institutions: 274,515 shares voted (27.2464% of category holdings), all in favor
- Public Non-Institutions: 4,144 shares voted (0.1448% of category holdings), 3,943 in favor (95.1496%), 201 against (4.8504%)
Resolution 2: Asset Charges/Mortgages Enhancement
- Total Votes Polled: 8,466,774 shares (70.2223% of outstanding shares)
- Votes in Favor: 8,466,573 shares (99.9976% of votes polled)
- Votes Against: 201 shares (0.0024% of votes polled)
- Result: Passed
Category-wise Breakdown - Resolution 2:
- Promoter & Promoter Group: 8,188,115 shares voted (100% of category holdings), all in favor
- Public Institutions: 274,515 shares voted (27.2464% of category holdings), all in favor
- Public Non-Institutions: 4,144 shares voted (0.1448% of category holdings), 3,943 in favor (95.1496%), 201 against (4.8504%)
Resolution 3: Non-Executive Director Commission
- Total Votes Polled: 8,466,774 shares (70.2223% of outstanding shares)
- Votes in Favor: 8,466,573 shares (99.9976% of votes polled)
- Votes Against: 201 shares (0.0024% of votes polled)
- Result: Passed
Category-wise Breakdown - Resolution 3:
- Promoter & Promoter Group: 8,188,115 shares voted (100% of category holdings), all in favor
- Public Institutions: 274,515 shares voted (27.2464% of category holdings), all in favor
- Public Non-Institutions: 4,144 shares voted (0.1448% of category holdings), 3,943 in favor (95.1496%), 201 against (4.8504%)
Invalid Votes
All three resolutions had zero invalid votes across all shareholder categories (Promoter & Promoter Group, Public Institutions, Public Non-Institutions).
Scrutinizer Report Details
- Scrutinizer: Dhrumil M. Shah, Partner of Dhrumil M. Shah & Co. LLP
- Appointment Basis: Section 108 & 110 of Companies Act, 2013 and Rule 20 & 22 of Companies (Management and Administration) Rules, 2014
- Vote Unblocking: Occurred on October 12, 2026 at 5:05 PM in presence of witnesses Ohiraj Palav and Zeel Chheda
- Regulatory Compliance: Process followed SEBI LODR Regulations, MCA Circulars, and ICSI Secretarial Standards
Documentation
- Annexure I: Voting results as per Regulation 44 of SEBI LODR Regulations, 2015
- Annexure II: Scrutinizer's Report dated October 13, 2026
- Documents uploaded on company website: www.yashoindustries.com