Meeting Details

The approval was sought from members by way of a Postal Ballot; there was no physical meeting. The cut-off date for determining eligibility to vote was 22nd May, 2026. The voting period commenced at 9:00 A.M. (IST) on Tuesday, 26th May, 2026, and ended at 5:00 P.M. (IST) on Wednesday, 24th June, 2026.

Proposed Resolution and Implications

The single resolution put to vote was a Special Resolution: 'To approve the alteration in the Memorandum of Association of the Company'. The report confirms this resolution was passed, implying a change to the company's fundamental constitutional document.

Voting Process and Methods

The voting was conducted solely through remote e-voting ('ballot poll by voting through electronic means only'). The company engaged Central Depository Services (India) Limited (CDSL) as the authorized e-voting agency to provide the platform (www.evotingindia.com).

Key Voting Outcomes

  • Total number of shareholders (folios) who cast their votes: 65
  • Total number of shares held by these voters: 2,464,770
  • Total number of valid votes cast on the resolution: 2,464,770
  • The resolution was passed as a Special Resolution with 100% of the valid votes cast in favor. The report explicitly states 'the requisite majority has been obtained'.

The report does not provide a further breakdown of votes by shareholder category (e.g., Promoters, Public, Institutions).

Scrutinizer's Role and Findings

Rohit Kumarr Mundhra, Chartered Accountant (Membership No. 067469), was appointed as the Scrutinizer. His responsibilities included scrutinizing the process and ascertaining the requisite majority. The procedure followed was:

  • The e-voting system remained blocked until the end of the voting period.
  • After the voting concluded, the Scrutinizer unblocked the votes in the presence of two witnesses not employed by the company.
  • The voting results were downloaded from CDSL's system.
  • Votes were scrutinized based on their validity, the shareholding as of the cut-off date, and whether they were cast for or against the resolution.

The Scrutinizer's conclusion is that the resolution passed based on the data generated from the e-voting website.

Compliance Confirmation

The report is framed under and confirms compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended.