Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

E2E Networks Limited

Meeting Details

The 17th Annual General Meeting was held on Monday, September 28, 2026, at 11:30 A.M. IST through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted remotely without physical attendance, complying with Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025.

Proposed Resolutions and Implications

Members considered and voted on 10 resolutions:

1. Ordinary Resolution: Adoption of Audited Financial Statements

2. Ordinary Resolution: Appointment of Ms. Megha Raheja (DIN: 10855604) as director retiring by rotation

3. Special Resolution: Waiver of recovery of managerial remuneration paid to all Executive Directors (including Managing Director) for FY 2025-2026

4. Special Resolution: Revision in remuneration payable to Mr. Tarun Dua, Managing Director

5. Special Resolution: Revision in remuneration payable to Ms. Srishti Baweja, Whole Time Director

6. Special Resolution: Modification in the term of remuneration to Ms. Megha Raheja, Whole Time Director

7. Special Resolution: Approval for raising funds up to ₹500 crore by way of public or private offering through Qualified Institutions Placement/Rights/FPO/any other mechanism

8. Special Resolution: Approval for increase in Borrowing Powers of the Company

9. Special Resolution: Creation of Securities on the Asset of the Company under Section 180(1)(a) of the Companies Act, 2013

10. Ordinary Resolution: Material Modifications to the Material Related Party Transactions with Larsen & Toubro Limited

Voting Process and Methods

The voting process utilized both remote e-voting and e-voting during the AGM:

  • Remote e-voting was conducted through MUFG Intime India Private Limited from Friday, September 25, 2026 (9:00 AM IST) to Sunday, September 27, 2026 (5:00 PM IST)
  • Members who did not vote remotely could vote via e-voting during the AGM
  • The scrutinizer unblocked and counted votes in the presence of two independent witnesses after the AGM
  • Cut-off date for determining voting rights was Monday, September 21, 2026
  • Total voting capital: 20,55,64,890 equity shares of ₹1 each (₹20,55,64,890)

Key Voting Outcomes

All resolutions were approved with requisite majority:

Item 1: Adoption of Audited Financial Statements (Ordinary Resolution)

  • Votes in favor: 12,67,61,794 (99.999%)
  • Votes against: 1,513 (0.001%)
  • 105 members voted in favor, 6 against
  • No invalid votes

Item 2: Re-appointment of Ms. Megha Raheja (Ordinary Resolution)

  • Votes in favor: 12,67,44,580 (99.985%)
  • Votes against: 18,727 (0.015%)
  • 99 members voted in favor, 12 against
  • No invalid votes

Item 3: Waiver of Managerial Remuneration Recovery (Special Resolution)

  • Votes in favor: 12,67,59,850 (99.997%)
  • Votes against: 3,457 (0.003%)
  • 102 members voted in favor, 9 against
  • No invalid votes

Item 4: Revision in Mr. Tarun Dua's Remuneration (Special Resolution)

  • Votes in favor: 12,67,59,895 (99.997%)
  • Votes against: 3,412 (0.003%)
  • 103 members voted in favor, 8 against
  • No invalid votes

Item 5: Revision in Ms. Srishti Baweja's Remuneration (Special Resolution)

  • Votes in favor: 12,67,59,895 (99.997%)
  • Votes against: 3,412 (0.003%)
  • 103 members voted in favor, 8 against
  • No invalid votes

Item 6: Modification in Ms. Megha Raheja's Remuneration Terms (Special Resolution)

  • Votes in favor: 12,67,59,895 (99.997%)
  • Votes against: 3,412 (0.003%)
  • 103 members voted in favor, 8 against
  • 1 member abstained with 209 shares
  • No invalid votes

Item 7: Fundraising Approval (Special Resolution)

  • Votes in favor: 12,67,58,014 (99.999%)
  • Votes against: 1,513 (0.001%)
  • 104 members voted in favor, 6 against
  • 2 members abstained with 3,989 shares
  • No invalid votes

Item 8: Increase in Borrowing Powers (Special Resolution)

  • Votes in favor: 12,10,92,913 (95.527%)
  • Votes against: 56,70,394 (4.473%)
  • 85 members voted in favor, 26 against
  • No invalid votes

Item 9: Creation of Securities (Special Resolution)

  • Votes in favor: 12,62,01,669 (99.557%)
  • Votes against: 5,61,638 (0.443%)
  • 95 members voted in favor, 16 against
  • No invalid votes

Item 10: Related Party Transactions with L&T (Ordinary Resolution)

  • Votes in favor: 9,21,95,311 (99.998%)
  • Votes against: 1,513 (0.002%)
  • 104 members voted in favor, 6 against
  • No invalid votes

Scrutinizer's Role and Findings

Mr. Ankush Agarwal, Partner of M/s MAKS & Co. (FRN: P2018UP067700), was appointed as scrutinizer to conduct the voting process fairly and transparently. His responsibilities included scrutinizing votes cast for and against resolutions and preparing this report. He confirmed that all resolutions passed with requisite majority and that voting records will remain in his custody until the Chairman approves and signs the AGM minutes.

Compliance Confirmation

The AGM was conducted in compliance with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and MCA General Circular No. 03/2025 for virtual meetings.