Meeting Details

The 11th Annual General Meeting was held on September 25, 2026, at 11:00 AM through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The deemed venue was the Registered Office of the Company at Village Basma, Tehsil Banur, Distt. - Mohali, Punjab-140417. The meeting started at 11:00 AM and ended at 11:51 AM.

Proposed Resolutions and Implications

The notice dated August 11, 2026, contained four resolutions for shareholder approval:

1. Ordinary Business - Resolution 1: To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon.

2. Ordinary Business - Resolution 2: To appoint a director in place of Mr. Amit Dhawan (DIN: 03031778) who retires by rotation and being eligible, offers himself for re-appointment.

3. Ordinary Business - Resolution 3: To appoint a director in place of Mr. Aikjot Singh Sandhu (DIN: 06579087) who retires by rotation and being eligible, offers himself for re-appointment.

4. Special Business - Resolution 4: To ratify the remuneration of the Cost Auditor for the Financial Year 2026-27.

Voting Process and Methods

The voting process utilized remote e-voting followed by e-voting at the AGM venue. The remote e-voting period was open from September 22, 2026, at 09:00 AM (IST) to September 24, 2026, at 5:00 PM (IST) through the NSDL e-voting platform at www.evoting.nsdl.com. The cut-off date for determining shareholder eligibility was September 18, 2026. Votes were unblocked on September 24, 2026, at 05:15 PM in the presence of two independent witnesses, Mr. Abhay Kumar Chauhan and Ms. Ankita. Voting during the AGM was conducted through e-voting facilities, and these votes were unblocked fifteen minutes after the meeting closure at 12:15 PM on September 25, 2026, again in the presence of witnesses.

Key Voting Outcomes

Overall Participation

  • Total number of shareholders on record date: 32,585
  • Number of shareholders who cast votes through e-voting: 66
  • Total number of shares voted: 29,310,505
  • Percentage of outstanding shares voted: 73.276% (based on 40,000,000 outstanding shares)
  • Shareholder attendance through VC: 11 Promoters/Promoter Group members and 26 Public shareholders

Resolution-wise Results

Resolution 1 - Adoption of Financial Statements

  • Total Valid Votes: 29,310,488
  • Votes in Favor: 29,310,488 (99.99%)
  • Votes Against: 10 (0.01%)
  • Invalid Votes: 0
  • Abstained: 0
  • Result: PASSED

Resolution 2 - Re-appointment of Mr. Amit Dhawan

  • Total Valid Votes: 25,810,461
  • Votes in Favor: 24,534,672 (95.05%)
  • Votes Against: 1,275,789 (4.95%)
  • Invalid Votes: 0
  • Abstained: 3,500,044
  • Result: PASSED

Note: Mr. Amit Dhawan abstained from voting on this resolution concerning his re-appointment.

Resolution 3 - Re-appointment of Mr. Aikjot Singh Sandhu

  • Total Valid Votes: 27,810,411
  • Votes in Favor: 26,534,666 (95.41%)
  • Votes Against: 1,275,745 (4.58%)
  • Invalid Votes: 0
  • Abstained: 1,500,094
  • Result: PASSED

Note: Mr. Aikjot Singh Sandhu abstained from voting on this resolution concerning his re-appointment.

Resolution 4 - Ratification of Cost Auditor Remuneration

  • Total Valid Votes: 29,310,505
  • Votes in Favor: 29,308,352 (99.99%)
  • Votes Against: 2,153 (0.01%)
  • Invalid Votes: 0
  • Abstained: 0
  • Result: PASSED

Category-wise Voting Breakdown

Resolution 1:

  • Promoter & Promoter Group: 28,000,001 shares voted (100% of held), 100% in favor
  • Public Institutions: 1,275,704 shares voted (84.278% of held), 100% in favor
  • Public Non-Institutions: 34,793 shares voted (0.3318% of held), 99.9713% in favor, 0.0287% against

Resolution 2:

  • Promoter & Promoter Group: 24,500,000 shares voted (87.5% of held), 100% in favor
  • Public Institutions: 1,275,704 shares voted (84.278% of held), 0% in favor, 100% against
  • Public Non-Institutions: 34,757 shares voted (0.3315% of held), 99.7554% in favor, 0.2446% against

Resolution 3:

  • Promoter & Promoter Group: 26,500,001 shares voted (94.6429% of held), 100% in favor
  • Public Institutions: 1,275,704 shares voted (84.278% of held), 0% in favor, 100% against
  • Public Non-Institutions: 34,706 shares voted (0.331% of held), 99.8819% in favor, 0.1181% against

Resolution 4:

  • Promoter & Promoter Group: 28,000,001 shares voted (100% of held), 100% in favor
  • Public Institutions: 1,275,704 shares voted (84.278% of held), 100% in favor
  • Public Non-Institutions: 34,800 shares voted (0.3319% of held), 93.8132% in favor, 6.1868% against

Scrutinizer's Role and Findings

Mr. Girish Madan of M/s Girish Madan & Associates, Company Secretaries (Membership No. FCS - 5017), was appointed as the Scrutinizer by the Board of Directors at their meeting on August 11, 2026. His responsibility was to scrutinize the remote e-voting process and voting during the AGM, ascertain the requisite majority, and prepare this report in compliance with Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The scrutinizer confirmed that all votes were properly recorded and counted, and that all resolutions were passed with the requisite majority. He maintains custody of all voting records and will hand them over after confirmation of the signing of the AGM minutes by the Chairman.

Compliance Confirmation

The voting process and this report were conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and all other applicable laws and regulations. The company engaged NSDL as the authorized agency for providing e-voting facilities.

Additional Information

  • Company CIN: L74999PB2015PLC039758
  • NSE Symbol: QUADFUTURE
  • Total Outstanding Shares: 40,000,000
  • Shareholding Pattern: Promoter & Promoter Group (28,000,001 shares), Public Institutions (1,513,686 shares), Public Non-Institutions (10,486,313 shares)