AGM Details

The 16th Annual General Meeting was held on Wednesday, 16th September, 2026 through video conferencing. The total number of shareholders on record date (9th September, 2025) was 226,511. A total of 80 shareholders attended the meeting through video conferencing (8 from Promoters and Promoter Group, 72 Public shareholders).

Voting Process

Bigshare Services Private Limited was appointed as the Service Provider for electronic voting. The remote e-voting period was from Saturday, 12th September, 2026 at 9:00 AM to Tuesday, 15th September, 2026 at 5:00 PM. The e-voting results were unblocked by the scrutinizer on 16th September, 2026 at 17:07:25 hours in the presence of two witnesses: Mr. Parvesh Verma and Mr. Shashank Sharma.

Resolution-wise Voting Results

Resolution 1: Adoption of Audited Financial Statements

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 127,177,275 shares (72.45% of outstanding shares)
  • Results: 127,177,273 votes in favor (100%), 2 votes against (0%)
  • Promoter Group: 123,271,527 votes (100% in favor)
  • Public Institutions: 2,027,274 votes (100% in favor, 86.87% participation)
  • Public Non-Institutions: 1,878,474 votes (99.99% in favor, 3.76% participation)

Resolution 2: Re-appointment of Mr. Manish Jain as Director

  • Type: Ordinary Resolution
  • Promoter Interest: No
  • Total Votes Polled: 127,177,475 shares (72.45% of outstanding shares)
  • Results: 127,032,239 votes in favor (99.89%), 145,236 votes against (0.11%)
  • Promoter Group: 123,271,527 votes (100% in favor)
  • Public Institutions: 2,027,274 votes (92.87% in favor, 7.13% against)
  • Public Non-Institutions: 1,878,674 votes (99.96% in favor, 0.04% against)

Resolution 3: Loan/Guarantee/Security for Suyog Urja Limited

  • Type: Special Resolution
  • Promoter Interest: No
  • Total Votes Polled: 127,177,275 shares (72.45% of outstanding shares)
  • Results: 127,031,286 votes in favor (99.88%), 145,989 votes against (0.12%)
  • Promoter Group: 123,271,527 votes (100% in favor)
  • Public Institutions: 2,027,274 votes (92.87% in favor, 7.13% against)
  • Public Non-Institutions: 1,878,474 votes (99.92% in favor, 0.08% against)

Resolution 4: Related Party Transaction with Suyog Urja Limited

  • Type: Ordinary Resolution
  • Promoter Interest: Yes (Promoters did not vote)
  • Total Votes Polled: 3,905,948 shares (2.22% of outstanding shares)
  • Results: 3,760,709 votes in favor (96.28%), 145,239 votes against (3.72%)
  • Promoter Group: 0 votes (did not participate)
  • Public Institutions: 2,027,274 votes (92.87% in favor, 7.13% against)
  • Public Non-Institutions: 1,878,674 votes (99.96% in favor, 0.04% against)

Resolution 5: Related Party Transaction between EIE Renewables and Suyog Urja

  • Type: Ordinary Resolution
  • Promoter Interest: Yes (Promoters did not vote)
  • Total Votes Polled: 3,905,948 shares (2.22% of outstanding shares)
  • Results: 3,760,692 votes in favor (96.28%), 145,256 votes against (3.72%)
  • Promoter Group: 0 votes (did not participate)
  • Public Institutions: 2,027,274 votes (92.87% in favor, 7.13% against)
  • Public Non-Institutions: 1,878,674 votes (99.96% in favor, 0.04% against)

Resolution 6: Related Party Transaction with EIEL AIEPL JV

  • Type: Ordinary Resolution
  • Promoter Interest: Yes (Promoters did not vote)
  • Total Votes Polled: 3,905,748 shares (2.22% of outstanding shares)
  • Results: 3,760,492 votes in favor (96.28%), 145,256 votes against (3.72%)
  • Promoter Group: 0 votes (did not participate)
  • Public Institutions: 2,027,274 votes (92.87% in favor, 7.13% against)
  • Public Non-Institutions: 1,878,474 votes (99.96% in favor, 0.04% against)

Resolution 7: Change in IPO Proceeds Utilization

  • Type: Special Resolution
  • Promoter Interest: No
  • Total Votes Polled: 127,177,275 shares (72.45% of outstanding shares)
  • Results: 127,176,517 votes in favor (100%), 758 votes against (0%)
  • Promoter Group: 123,271,527 votes (100% in favor)
  • Public Institutions: 2,027,274 votes (100% in favor)
  • Public Non-Institutions: 1,878,474 votes (99.96% in favor, 0.04% against)

Scrutinizer Details

Alok Jain, Proprietor of M/s. Jain Alok & Associates, Company Secretaries, was appointed as the scrutinizer. The scrutinizer's report was prepared pursuant to Section 108 and 109 of the Companies Act, 2013 and Companies (Management and Administration) Rules, 2014.

Share Capital Structure

Total outstanding shares: 175,530,000

  • Promoter and Promoter Group: 123,271,527 shares
  • Public Institutions: 2,333,605 shares
  • Public Non-Institutions: 49,924,868 shares

Additional Information

The voting results and scrutinizer's report have been placed on the company's website at https://www.eiel.in/investor. The register and all papers relating to remote electronic voting and e-voting at the AGM shall remain in the scrutinizer's safe custody until the Chairman considers, approves and signs the minutes of the AGM.