Ajax Engineering Limited has disclosed the results of a postal ballot conducted through remote e-voting process for the appointment of Mr. Sachin Rajkumar Nandgaonkar (DIN: 03410739) as a Non-Executive Nominee Director of the Company.

Key Dates

  • Postal Ballot Notice Date: June 30, 2026
  • Notice Dispatch Date: July 7, 2026
  • Cut-off Date (Record Date): July 3, 2026
  • Remote E-voting Period: July 9, 2026 (9:00 AM IST) to August 7, 2026 (5:00 PM IST)
  • Resolution Deemed Passed: August 7, 2026
  • Scrutinizer Report Date: August 10, 2026

Voting Results

The Ordinary Resolution for the appointment of Mr. Sachin Rajkumar Nandgaonkar was passed with requisite majority:

Overall Results:

  • Total Shares Outstanding: 114,406,800
  • Total Votes Polled: 65,420,329 (57.1822% of outstanding shares)
  • Votes in Favor: 65,321,969 (99.8496% of votes polled)
  • Votes Against: 98,360 (0.1504% of votes polled)
  • Invalid Votes: Nil
  • Abstained Votes: Nil

Category-wise Breakdown:

Promoter and Promoter Group:

  • Shares Held: 91,523,651
  • Votes Polled: 52,014,996 (56.8323% of shares held)
  • Votes in Favor: 52,014,996 (100.0000% of votes polled)
  • Votes Against: 0 (0.0000% of votes polled)

Public Institutions:

  • Shares Held: 18,108,756
  • Votes Polled: 13,387,451 (73.9281% of shares held)
  • Votes in Favor: 13,290,227 (99.2738% of votes polled)
  • Votes Against: 97,224 (0.7262% of votes polled)

Public Non-Institutions:

  • Shares Held: 4,774,393
  • Votes Polled: 17,882 (0.3745% of shares held)
  • Votes in Favor: 16,746 (93.6472% of votes polled)
  • Votes Against: 1,136 (6.3528% of votes polled)

Scrutinizer Details

Mr. Pramod S M (Membership No. FCS: 7834/CP: 13784), Designated Partner of BMP & Co. LLP, Practicing Company Secretaries, was appointed as the Scrutinizer to oversee the voting process. The e-voting services were provided by Central Depository Services (India) Limited (CDSL).

The voting data was unblocked from the e-voting portal on August 7, 2026, at 5:28 PM IST in the presence of two witnesses: Ms. Sunitha H and Mr. Pankaj Devnani.

Document Availability

The Voting Results and Scrutinizer's Report are available on the company's website (https://www.ajax-engg.com/) and on CDSL's website (https://www.evotingindia.com/).