Voting Results Summary
The AGM considered and passed five resolutions with the following results:
Resolution 1: Adoption of Audited Financial Statements (Ordinary Resolution)
- Total votes received: 9,715,266
- Votes in favor: 9,715,263 (100.00%)
- Votes against: 3 (0.00%)
- Result: Passed by requisite majority
Resolution 2: Re-appointment of Mr. S. Thiruvenkatachari as Director (Ordinary Resolution)
- Total votes received: 9,715,266
- Votes in favor: 9,715,263 (100.00%)
- Votes against: 3 (0.00%)
- Result: Passed by requisite majority
- Mr. Thiruvenkatachari retires by rotation and offered himself for re-appointment (DIN: 10424685)
Resolution 3: Related Party Transactions with Nimbus Projects Limited (Ordinary Resolution)
- Total votes received: 781,667
- Votes in favor: 781,664 (99.9996%)
- Votes against: 3 (0.0004%)
- Result: Passed by requisite majority
- Under Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Resolution 4: Related Party Transactions with IITL Projects Limited (Ordinary Resolution)
- Total votes received: 781,667
- Votes in favor: 781,664 (99.9996%)
- Votes against: 3 (0.0004%)
- Result: Passed by requisite majority
- Under Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- IITL Projects Limited is a subsidiary company
Resolution 5: Increasing Borrowing Limits under Section 180(1)(c) of Companies Act, 2013 (Special Resolution)
- Total votes received: 9,715,266
- Votes in favor: 9,715,262 (99.9996%)
- Votes against: 4 (0.0004%)
- Result: Passed by requisite majority
Shareholder Category Breakdown
Promoter and Promoter Group: 11,255,692 shares
- Votes polled: 8,933,599 shares (79.37% participation)
- 100% votes in favor across all resolutions
Public Institutions: 306,001 shares
- Votes polled: 205,599 shares (67.19% participation)
- 100% votes in favor across all resolutions
Public Non-Institutions: 6,424,265 shares
- Votes polled: 576,068 shares (8.97% participation)
- 99.9995% votes in favor across resolutions with minimal opposition (3-7 votes against)
Total Outstanding Shares: 17,985,958
GDR Holders: 2,938,770 shares (no voting rights)
Scrutinizer Report Details
Scrutinizer: Chandanbala O. Mehta, Practicing Company Secretary (CP No.: 6400, FCS: 6122)
E-voting Period: September 14, 2026 (9:00 AM IST) to September 16, 2026 (5:00 PM IST)
Voting System Provider: Central Depository Services (India) Limited (CDSL)
Votes Unblocked: September 17, 2026 at 04:17 PM in presence of Ms. Samiksha Parbalkar and Mr. Vivek Mamulla