Regulation 44 SEBI LODR Compliance Disclosure
Meeting Details
Type of Meeting: Postal Ballot via remote e-voting
Last Date of Receipt: July 02, 2026
Record Date: May 29, 2026
Total Shareholders on Record Date: 170,126
Proposed Resolutions and Implications
1. Special Resolution 1: Approval for alteration in object clause of the Memorandum of Association of the Company
2. Special Resolution 2: Approval for sale and transfer of the Company's Lending Services Provider Business (LSP Business) on slump sale basis to Mobikwik Distribution Services Private Limited (formerly known as Mobikwik Credit Private Limited), a wholly owned subsidiary of the Company
3. Special Resolution 3: Variation in the objects/terms of utilisation of the Initial Public Offering (IPO) proceeds and extension of time limit for utilisation of the IPO proceeds
Voting Process and Methods
The voting was conducted exclusively through remote e-voting facility provided by National Securities Depository Limited (NSDL) at https://www.evoting.nsdl.com/. The remote e-voting commenced on June 03, 2026 at 9:00 AM IST and ended on July 02, 2026 at 5:00 PM IST.
Key Voting Outcomes
Overall Participation
Total Outstanding Shares: 78,730,262
Total Votes Cast: 39,349,695 shares (49.98% of outstanding shares)
Number of Voters: 534 shareholders
Resolution 1 - MoA Alteration
Total Votes: 39,349,695 shares
In Favor: 39,343,205 shares (99.9835%)
Against: 6,490 shares (0.0165%)
Result: Passed
Resolution 2 - LSP Business Sale
Total Votes: 39,349,696 shares
In Favor: 39,341,621 shares (99.9795%)
Against: 8,075 shares (0.0205%)
Result: Passed
Resolution 3 - IPO Proceeds Variation
Total Votes: 39,391,352 shares
In Favor: 39,334,534 shares (99.8558%)
Against: 56,818 shares (0.1442%)
Result: Passed (required >90% approval)
Shareholder Category Breakdown
Promoter and Promoter Group
Shares Held: 19,748,115
Votes Cast: 19,748,115 (100% participation)
All Resolutions: 100% in favor
Public Institutions
Shares Held: 1,115,119
Votes Cast: 218,777 (19.62% participation)
All Resolutions: 100% in favor
Public Non-Institutions
Shares Held: 57,867,028
Votes Cast: 19,382,803-19,424,460 (33.50-33.57% participation)
Resolution 1: 99.9665% in favor
Resolution 2: 99.9583% in favor
Resolution 3: 99.9442% in favor
Scrutinizer's Role and Findings
Name: Devesh Kumar Vasisht
Firm: DPV & Associates LLP
Qualification: Company Secretary
Membership Number: F8488
Appointment Date: May 22, 2026
Report Date: July 02, 2026
The scrutinizer certified that the voting process was conducted fairly and transparently. The e-voting was unblocked on July 02, 2026 after 5:00 PM in the presence of two independent witnesses (Mr. Mukesh Sharma and Mr. Parveen Kumar). The results were reconciled with the register of members maintained by the RTA.
Compliance Confirmation
The process complied with Section 108 and 110 of the Companies Act, 2013, Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, SEBI LODR Regulations, and MCA circulars including General Circulars 14/2020, 03/2022, 11/2022, and 03/2025.
Additional Information
Company Paid-up Capital: ₹15,74,60,524 divided into 7,87,30,262 equity shares of ₹2 each
Advertisement Published: Financial Express (English) and Jansatta (Hindi) on June 03, 2026
Results Available: Company website (https://www.mobikwik.com/ir/meetings/postal-ballot/FY2026-27) and NSDL website