Meeting Details

  • Meeting Type: Postal Ballot
  • Meeting Date: Sunday, October 11, 2026
  • Cut-Off Date: Friday, September 04, 2026 (for determining shareholder eligibility)
  • Board Meeting Date: Tuesday, September 08, 2026 (where resolutions were recommended)

Proposed Resolutions and Implications

The Board of Directors recommended four resolutions for shareholder approval through postal ballot:

1. Special Resolution: Appointment of Mr. Ramesh Kumar Agrawal (DIN: 09195375) as Non-Executive and Independent Director

2. Special Resolution: Appointment of Ms. Purvi Jayendra Bhavsar (DIN: 02102740) as Non-Executive and Independent Director

3. Ordinary Resolution: Approval for payment of Remuneration to Ms. Tanisha Mangal, Holding an Office or Place of Profit in the Company

4. Ordinary Resolution: Approval for payment of Remuneration to Ms. Honey Mangal, Holding an Office or Place of Profit in the Company

Voting Process and Methods

The voting process was conducted as follows:

  • Method: Remote e-voting facility provided through MUFG Intime India Private Limited (MIIPL) via its InstaVote platform
  • Voting Period: Commenced on Saturday, September 12, 2026 (09:00 A.M. IST) and ended on Sunday, October 11, 2026 (05:00 P.M. IST) (both days inclusive)
  • Notification: Postal Ballot Notice dated Tuesday, September 08, 2026 was circulated electronically to members registered in the Register of Members/Record of Depositories as of the cut-off date
  • Distribution: Notices were sent via email on September 10, 2026 to members who had registered their email IDs with the depositories or with the Company

Scrutinizer Appointment and Role

The Board of Directors appointed Mr. Rajesh Parekh, Partner of M/s. RPSS & Co. Practicing Company Secretary (Membership No. 8073, CP No. 2939), as the Scrutinizer to conduct the Postal Ballot and e-voting process in a fair and transparent manner.

Mr. Parekh is required to submit the Scrutinizer's Report to Mr. Chanakya Prakash Mangal, Managing Director of the Company, in the presence of Mr. Karansingh I. Karki, Company Secretary, within the prescribed time limit.

Compliance Statement

The document confirms compliance with:

  • Section 110 and 108 of the Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Additional Information

The summary of proceedings is available on the company's website (www.groupmangalam.com) and on the websites of both stock exchanges (BSE Limited: www.bseindia.com and National Stock Exchange of India Limited: www.nseindia.com).

The company will intimate the results of the Postal Ballot, along with the Scrutinizer's Report, to the Stock Exchanges after receiving the report from the scrutinizer.