Meeting Details

The 28th Annual General Meeting of Oberoi Realty Limited was convened on June 25, 2026, at 11:30 a.m. The meeting was held through video conferencing/other audio visual means without physical attendance, following Ministry of Corporate Affairs circulars and SEBI regulations.

Summary of Proposed Resolutions and Implications

Five resolutions were proposed for shareholder approval:

  • Resolution 1 (Ordinary): Adoption of Audited Financial Statements (including consolidated) for FY ended March 31, 2026, and Reports of Board of Directors and Auditors.
  • Resolution 2 (Ordinary): Confirmation of four interim dividends of Rs. 2 per equity share (20% each) as final dividend for FY 2025-26.
  • Resolution 3 (Ordinary): Re-appointment of Mr. Vikas Oberoi (DIN: 00011701) who retired by rotation.
  • Resolution 4 (Ordinary): Approval of payment of remuneration of Rs. 8,75,000 plus taxes to Cost Auditors M/s Kishore Bhatia & Associates for FY 2026-27.
  • Resolution 5 (Special): Raising of further capital up to Rs. 6000 crores through equity shares/securities via public/private offerings, QIP, preferential allotment, or combination thereof.

Voting Process and Methods

The company provided two voting methods:

  • Remote e-voting prior to AGM: Available from June 22, 2026 (9:00 a.m.) to June 24, 2026 (5:00 p.m.) through CDSL
  • E-voting during AGM: For members who didn't vote remotely

Mr. Himanshu S. Kamdar, Partner of M/s. Rathi & Associates, was appointed as Scrutinizer to ensure fair and transparent voting process.

Key Voting Outcomes

Resolution 1: Adoption of Financial Statements

  • Total votes cast: 699 members, 34,33,73,751 votes
  • Invalid votes: 15 members, 18,27,056 votes
  • Net valid voting: 684 members, 34,15,46,695 votes
  • Votes in favor: 678 members, 34,15,46,683 votes (100%)
  • Votes against: 6 members, 12 votes (0%)

Resolution 2: Dividend Confirmation

  • Total votes cast: 702 members, 34,34,49,579 votes
  • Invalid votes: 15 members, 18,27,056 votes
  • Net valid voting: 687 members, 34,16,22,523 votes
  • Votes in favor: 685 members, 34,11,45,927 votes (99.86%)
  • Votes against: 2 members, 4,76,596 votes (0.14%)

Resolution 3: Re-appointment of Vikas Oberoi

  • Total votes cast: 711 members, 34,34,42,115 votes
  • Invalid votes: 15 members, 18,27,056 votes
  • Net valid voting: 696 members, 34,16,15,059 votes
  • Votes in favor: 572 members, 33,47,22,283 votes (97.98%)
  • Votes against: 124 members, 68,92,776 votes (2.02%)

Resolution 4: Cost Auditor Remuneration

  • Total votes cast: 700 members, 34,34,42,090 votes
  • Invalid votes: 15 members, 18,27,056 votes
  • Net valid voting: 685 members, 34,16,15,034 votes
  • Votes in favor: 676 members, 34,16,14,965 votes (100%)
  • Votes against: 9 members, 69 votes (0%)

Resolution 5: Capital Raise up to Rs. 6000 Crores

  • Total votes cast: 704 members, 34,34,49,554 votes
  • Invalid votes: 15 members, 18,27,056 votes
  • Net valid voting: 689 members, 34,16,22,498 votes
  • Votes in favor: 611 members, 33,87,52,926 votes (99.16%)
  • Votes against: 78 members, 28,69,572 votes (0.84%)

Scrutinizer's Role and Findings

Mr. Himanshu S. Kamdar scrutinized the entire voting process and confirmed it was conducted fairly and transparently. The scrutinizer's report includes detailed voting patterns for each resolution and validates the election results.

Compliance Confirmation

The voting process complied with Section 108 of the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, SEBI LODR Regulations, Secretarial Standard-2, and relevant MCA circulars.