Nature of the Event

India Home Loan Limited submitted a regulatory clarification to the Bombay Stock Exchange (BSE) regarding a typographical error in the Scrutinizer's Report for the 36th Annual General Meeting (AGM). The error involved Resolution Nos. 4 and 5 being incorrectly stated as repetitive in the original report.

Key Details from the Clarification

  • The typographical error is purely incidental and does not affect the substance, validity, voting results, or outcome of the resolutions considered at the AGM.
  • A revised Scrutinizer's Report, rectified to incorporate the correct particulars of Resolution Nos. 4 and 5, is enclosed and should be taken on record in place of the earlier report submitted.
  • The company regrets the inadvertent error and requests the exchange to record this clarification.

Scrutinizer's Report Background

  • The scrutinizer, Himanshu Gajra of Himanshu Gajra & Company, was appointed by the Board of Directors on August 12, 2026, to scrutinize the e-voting process for resolutions 1 to 5 at the 36th AGM.
  • The AGM was held on September 11, 2026, at 2:30 PM via Video Conferencing (VC) / Other Audio-Visual Means (OAVM).
  • E-voting was conducted using the facility provided by National Securities Depository Limited (NSDL).
  • The notice of the AGM was dispatched on August 18, 2026, electronically to members with registered email addresses and physically to others, with a cut-off date of August 14, 2026.
  • An advertisement about the dispatch and e-voting facility was published in the Financial Express (English) and Mumbai Lakshadweep (Marathi) newspapers on August 19, 2026.
  • The remote e-voting period commenced on September 8, 2026, at 9:00 AM IST and ended on September 10, 2026, at 5:00 PM IST.
  • Votes cast through remote e-voting and e-voting during the AGM were considered, with no invalid votes recorded.
  • The e-voting data was unblocked in the presence of Mr. Naveen Malani and Mr. Jigar Thakkar, who are not employees of the company, and matched with the register of members as of the cut-off date for voting, which was September 4, 2026.

Voting Results Summary

  • Resolution No 1 (Ordinary Resolution): Adoption of audited financial statements for the financial year ended March 31, 2026, together with reports of the Board of Directors and Auditors.
  • Voted in favour: 65 members, 6,488,931 votes, 62.93%
  • Voted against: 8 members, 3,822,477 votes, 37.07%
  • Invalid votes: 0
  • Result: Passed with requisite majority.
  • Resolution No 2 (Ordinary Resolution): Re-appointment of Mr. Mitesh M. Pujara (DIN: 02143047) as director, who retired by rotation.
  • Voted in favour: 58 members, 4,988,333 votes, 48.38%
  • Voted against: 15 members, 5,323,075 votes, 51.62%
  • Invalid votes: 0
  • Result: Not passed.
  • Resolution No 3 (Special Resolution): Appointment of Mr. Mahesh N. Pujara (DIN: 01985578) as Managing Director for a term of 3 years.
  • Voted in favour: 58 members, 4,988,333 votes, 50.51%
  • Voted against: 14 members, 4,888,075 votes, 49.49%
  • Invalid votes: 0
  • Result: Not passed (special resolution requires higher majority).
  • Resolution No 4 (Special Resolution): Re-appointment of Mr. Mahesh Shah (DIN: 07014807) as Non-Executive Independent Director for a second term of 5 years.
  • Voted in favour: 58 members, 4,988,333 votes, 50.51%
  • Voted against: 14 members, 4,888,075 votes, 49.49%
  • Invalid votes: 0
  • Result: Not passed.
  • Resolution No 5 (Special Resolution): Re-appointment of Mr. Mitesh M. Pujara (DIN: 02143047) as Whole-Time Director for a term of 3 years.
  • Voted in favour: 58 members, 4,988,333 votes, 48.38%
  • Voted against: 15 members, 5,323,075 votes, 51.62%
  • Invalid votes: 0
  • Result: Not passed.

Overall Result

Only Resolution No 1 (adoption of financial statements) was passed with requisite majority. Resolutions 2, 3, 4, and 5 were not passed.

Impact and Rationale

  • The typographical error correction has no financial, operational, or capital structure impact, as it is solely a clarification of descriptive text.
  • The voting results remain unchanged, and the outcome of the resolutions is as reported.