Voting Process Details
The postal ballot was conducted through both Postal Ballot and Remote E-Voting facilities. The e-voting facility was provided by Central Depository Services (India) Limited (CDSL) at https://www.evotingindia.com.
M/s. Aarju Agrawal & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer for the voting process.
Voting Timeline
- Remote e-voting commenced on: 18th July 2026 at 9:00 AM
- Remote e-voting ended on: 16th August 2026 at 5:00 PM
- Scrutinizer unblocked e-voting results on: 18th August 2026
Cut-off Date
The cut-off date for determining members eligible to vote was 10th July 2026.
Notification Method
The Postal Ballot Notice was sent through electronic mode to all members whose email addresses were registered with the Company or with Depositories/Depository Participants. An advertisement was published on 18th July 2026 in 'Business Standard' (English Edition) and 'Mumbai Mitra' (Marathi Edition).
Resolution 1: Appointment of Statutory Auditors
Type: Ordinary Resolution
Business: Special
Description: Appointment of M/s. A. Raghavendra Rao & Associates, Chartered Accountants (FRN: 003324S) as statutory auditors of the company.
Voting Results:
- Total votes cast: 12,300,118
- Votes in favor: 12,300,118 (99.93%)
- Votes against: 8,122 (0.07%)
- Number of members voting: 84
- Invalid votes: None
Outcome: Resolution PASSED with requisite majority
Resolution 2: Regularization of Director Appointment
Type: Ordinary Resolution
Business: Special
Description: Regularization of appointment of Mr. Jiten Shah (DIN: 03147534) as Director (Non-Executive Director) of the company.
Voting Results:
- Total votes cast: 12,299,273
- Votes in favor: 12,299,273 (99.93%)
- Votes against: 8,867 (0.07%)
- Number of members voting: 81 in favor, 15 against
- Invalid votes: None
Outcome: Resolution PASSED with requisite majority
Shareholding Pattern
Total outstanding shares: 74,750,000
Total votes polled: 12,308,240 (16.4659% of outstanding shares)
Category-wise Voting:
- Promoter and Promoter Group: 0 votes polled
- Public Institutions: 0 votes polled
- Public Non-Institutions: 12,308,240 votes polled (100% of total votes)
Scrutinizer Certification
Aarju Agrawal, Proprietor of M/s. Aarju Agrawal & Associates, certified that:
- The voting process was conducted in fair and transparent manner
- All resolutions were passed with requisite majority
- E-voting reports containing list of members who voted FOR and AGAINST each resolution were handed over to the company for safe keeping