Voting Process Details

The remote e-voting period for the postal ballot notice dated 25.05.2026 ended on Friday, 3rd July, 2026 at 5:00 PM. The Scrutinizer, Mr. Kinjal Shah, Practicing Company Secretary, Ahmedabad, submitted his report to the Company Secretary and Compliance Officer on 6th July, 2026. The voting was conducted through National Securities Depository Limited (NSDL), with the remote e-voting portal open from Thursday, June 4, 2026 at 9:00 Hours IST to Friday, July 3, 2026 at 17:00 Hours IST.

Resolution 1: Approval for Shifting of Registered Office

Description: Approval for shifting of registered office of the company from the State of Gujarat to the State of Haryana and consequent amendment to the Memorandum of Association.

Voting Results:

  • Promoter and Promoter Group: 52,94,632 votes cast (85.80% of eligible votes), all 52,94,632 votes in favor (100% of votes cast)
  • Public Institutions: 8,474 votes cast, no votes recorded
  • Public Non-Institutions: 9,54,277 votes cast, 2,59,755 votes cast (27.22% of eligible votes), with 2,59,748 votes in favor (99.9997% of votes cast) and 7 votes against
  • Overall Result: Resolution passed with requisite majority

Resolution 2: Approval for Alteration in Main Object Clause

Description: Approval for alteration in main object clause of the Memorandum of Association of the company.

Voting Results:

  • Promoter and Promoter Group: 52,94,632 votes cast (85.80% of eligible votes), all 52,94,632 votes in favor (100% of votes cast)
  • Public Institutions: 8,474 votes cast, no votes recorded
  • Public Non-Institutions: 9,54,277 votes cast, 2,12,967 votes cast (22.32% of eligible votes), with 2,12,965 votes in favor (99.9999% of votes cast) and 2 votes against
  • Overall Result: Resolution passed with requisite majority

Scrutinizer Report Details

The Scrutinizer was appointed by the Board of Directors through resolution passed on May 25, 2026. The cut-off date for determining eligible shareholders was Friday, May 29, 2026. A public notice was published in newspaper on June 3, 2026 informing members about the dispatch of notice and commencement of postal ballot.

Electronic Voting Pattern (Annexure-A):

  • Resolution 1: 39 shareholders voted in favor with 55,54,380 shares (100% of shares voted), 3 shareholders voted against with 7 shares (negligible)
  • Resolution 2: 39 shareholders voted in favor with 55,07,597 shares (100% of shares voted), 2 shareholders voted against with 2 shares (negligible)
  • No shareholders abstained from voting in either resolution

Effective Date

The resolutions are deemed to have been duly passed on the last date specified for remote e-voting, i.e., Friday, July 3, 2026 at 17:00 hours IST.