Key Event Details

The EGM was convened to consider and approve a special resolution regarding the clarification and confirmation of the continuing effect of shareholder approval granted for continuation of Shri Shekhar Bajaj (DIN: 00089358) as Non-Executive Director after attaining the age of seventy-five, and confirmation of continuity without gap.

Voting Process and Timeline

  • Record date for determining shareholders eligible to vote: May 19, 2026
  • Remote e-voting period: May 22, 2026 (9:00 AM IST) to May 24, 2026 (5:00 PM IST)
  • EGM date and time: May 25, 2026 at 1:30 PM through video conferencing/audio-visual means
  • Total number of shareholders on record date: 21,998

Voting Results Breakdown

Overall Voting Participation

  • Total outstanding shares: 3,20,00,000
  • Total votes polled: 1,60,33,449 shares (50.1045% of outstanding shares)
  • Votes in favor: 1,60,33,447 shares (100.0000% of votes polled)
  • Votes against: 2 shares (0.0000% of votes polled)
  • No invalid or abstained votes

Promoter and Promoter Group Voting

  • Total shares held: 2,22,75,720
  • Votes polled through remote e-voting: 1,60,24,680 shares (71.9379% of shares held)
  • All votes (100.0000%) were in favor of the resolution
  • No votes were cast during the EGM
  • 20 promoter group shareholders attended the meeting through video conferencing

Public Institutional Holders Voting

  • Total shares held: 216
  • Votes polled through remote e-voting: 216 shares (100.0000% of shares held)
  • All votes (100.0000%) were in favor of the resolution
  • No votes were cast during the EGM

Public Other Holders Voting

  • Total shares held: 97,24,064
  • Votes polled through remote e-voting: 8,540 shares (0.0878% of shares held)
  • Votes in favor: 8,538 shares (99.9766% of votes polled)
  • Votes against: 2 shares (0.0234% of votes polled)
  • Votes polled during EGM: 13 shares (all in favor)
  • 65 public shareholders attended the meeting through video conferencing

Outcome

The special resolution was passed with the requisite majority and is deemed to have been passed on May 25, 2026, the date of the EGM.