Piccadily Agro Industries Limited has disclosed the voting results of a postal ballot conducted through remote e-voting process. The company sought shareholder approval for the appointment of statutory auditors to fill a casual vacancy and to fix their remuneration.
Voting Process Details
The remote e-voting process was conducted from May 20, 2026, at 9:00 AM to June 18, 2026, at 5:00 PM. Prince Chadha, Proprietor of P. Chadha & Associates, Company Secretaries, was appointed as the Scrutinizer for the remote e-voting process. The cut-off date for determining voting eligibility was May 15, 2026.
Voting Results
The resolution was passed by members with requisite majority. The detailed voting results show:
Overall Results:
- Total outstanding shares: 98,571,508
- Total votes polled: 68,216,430 (69.2050% of outstanding shares)
- Votes in favor: 68,120,684 (99.8596% of votes polled)
- Votes against: 95,746 (0.1404% of votes polled)
- Invalid votes: 0
Category-wise Breakdown:
Promoter and Promoter Group:
- Shares held: 67,589,638
- Votes polled: 67,589,638 (100.0000% of shares held)
- All votes (100%) were cast in favor through e-voting
Public - Institutions:
- Shares held: 0
- No votes polled
Public - Non Institutions:
- Shares held: 30,981,870
- Votes polled: 626,792 (2.0231% of shares held)
- Votes in favor: 531,046 (84.7244% of votes polled)
- Votes against: 95,746 (15.2756% of votes polled)
Scrutinizer's Report
The Scrutinizer, Prince Chadha, submitted his report dated June 18, 2026, confirming the voting process compliance with Companies Act, 2013, SEBI Listing Regulations, and Secretarial Standard-2. The report details that 198 members participated in the voting process, holding 68,216,430 valid votes.
Documents Enclosed
The company has enclosed:
1. Voting results in prescribed format (Annexure - I)
2. Scrutinizer's Report dated June 18, 2026 (Annexure - II)