Voting Results of the Postal Ballot concluded on August 17, 2026 through Postal Ballot Forms and Remote E-voting
Scrutinizer's Report submitted by M/s. Aarju Agrawal & Associates, Practicing Company Secretaries
Voting Mechanism and Timeline
Remote e-voting facility provided by Central Depository Services (India) Limited (CDSL)
Voting period: Commenced on Sunday, July 19, 2026 at 9:00 AM and ended on Monday, August 17, 2026 at 5:00 PM
Scrutinizer unblocked remote e-voting on CDSL website on August 17, 2026 at 9:21 PM in presence of two independent witnesses
Advertisement published in 'Financial Express' (English and Marathi editions) on July 17, 2026
Notice dispatched by email on July 16, 2026 to members recorded in Register of Members or Register of Beneficial Owners as of cut-off date July 10, 2026
Resolution 1: Appointment of Statutory Auditors
Description: Appointment of M/s. A. Raghavendra Rao & Associates, Chartered Accountants, as Statutory Auditors to fill casual vacancy caused by resignation of M/s. A J M S & CO. LLP, Chartered Accountants
Resolution Type: Ordinary
Total Outstanding Shares: 48,671,699
Votes Polled: 2,375,924 (4.88% of outstanding shares)
Votes in Favor: 2,374,403 (99.94% of votes polled)
Votes Against: 1,521 (0.06% of votes polled)
Result: Passed
Voting Breakdown - Resolution 1
Remote E-Voting: 115 members voted with 109,016 shares (4.59% of valid votes)
Postal Ballot Forms: 3 members voted with 2,265,387 shares (95.35% of valid votes)
Invalid Votes: None recorded
Resolution 2: Regularization of Director Appointment
Description: Regularization of Appointment of Mr. Dinesh Dhangare (DIN: 11418438) as Non-Executive Non-Independent Director
Resolution Type: Ordinary
Total Outstanding Shares: 48,671,699
Votes Polled: 2,375,439 (4.88% of outstanding shares)
Votes in Favor: 2,366,880 (99.64% of votes polled)
Votes Against: 8,559 (0.36% of votes polled)
Result: Passed
Voting Breakdown - Resolution 2
Remote E-Voting: 109 members voted with 101,493 shares (4.27% of valid votes)
Postal Ballot Forms: 3 members voted with 2,265,387 shares (95.37% of valid votes)
Against Votes: 24 members voted against via remote e-voting with 8,559 shares
Invalid Votes: None recorded
Resolution 3: Regularization of Director Appointment
Description: Regularization of Appointment of Mr. Kashiram Jadhav (DIN: 11640980) as Non-Executive Non-Independent Director
Resolution Type: Ordinary
Total Outstanding Shares: 48,671,699
Votes Polled: 2,375,629 (4.88% of outstanding shares)
Votes in Favor: 2,365,502 (99.57% of votes polled)
Votes Against: 10,127 (0.43% of votes polled)
Result: Passed
Voting Breakdown - Resolution 3
Remote E-Voting: 109 members voted with 100,115 shares (4.21% of valid votes)
Postal Ballot Forms: 3 members voted with 2,265,387 shares (95.36% of valid votes)
Against Votes: 25 members voted against via remote e-voting with 10,127 shares
Invalid Votes: None recorded
Scrutinizer Details
Name: M/s. Aarju Agrawal & Associates, Practicing Company Secretaries
