Meeting Details

  • Type of Meeting: Postal Ballot
  • Date of Meeting/Last Day of Receipt: July 19, 2026
  • Record Date: June 12, 2026
  • Total Number of Shareholders on Record Date: 1,427
  • Number of Resolutions Passed: 8

Proposed Resolutions and Implications

The postal ballot contained eight resolutions for shareholder approval:

1. Ordinary Resolution: Approval of material related party transaction with Mr. Atul Garg (DIN: 01349747), Chairman and Managing Director

2. Ordinary Resolution: Approval of material related party transaction with Mrs. Preeti Garg (DIN: 07048745), Non-Executive Director for FY 2026-27

3. Ordinary Resolution: Approval of material related party transaction with Mr. Atul Garg for FY 2026-27

4. Ordinary Resolution: Approval of related party transactions for payment of remuneration to Mr. Vashisth Agrawal, Senior Accounts Manager, for holding an office or place of profit

5. Special Resolution: Revision of remuneration of Mr. Atul Garg, Managing Director and Chairperson

6. Special Resolution: Approval of payment of remuneration to Mrs. Preeti Garg, Non-Executive Director

7. Special Resolution: Approval of payment of remuneration to Mr. Nitish Agrawal (DIN: 10381069), Non-Executive Director

8. Special Resolution: Approval of appointment of Mr. Anil Kumar Jhingan (DIN: 11714796) as Non-Executive Independent Director and continuation of directorship after attaining age of 75 years

Voting Process and Methods

The voting was conducted exclusively through remote e-voting facilitated by Bigshare Services Private Limited. The remote e-voting period commenced on June 20, 2026 (09:00 a.m. IST) and ended on July 19, 2026 (05:00 p.m. IST). No physical polling or postal ballot forms were used as hard copies were not sent to members in accordance with MCA Circular requirements.

Key Voting Outcomes

Overall Participation

  • Total Outstanding Shares: 11,493,700
  • Total Votes Polled: 19,310 shares
  • Percentage of Votes Polled on Outstanding Shares: 0.168%
  • Number of Shareholders Voting: 14 members

Category-wise Voting Breakdown

Promoter and Promoter Group:

  • Shares Held: 8,467,901
  • Votes Polled: 0 (0% participation)

Public Institutions:

  • Shares Held: 0
  • Votes Polled: 0 (0% participation)

Public Non-Institutions:

  • Shares Held: 3,025,799
  • Votes Polled: 19,310 shares
  • Percentage of Votes Polled on Outstanding Shares: 0.6382%
  • Votes in Favor: 19,310 (100%)
  • Votes Against: 0 (0%)

Resolution-wise Results

All eight resolutions were passed unanimously with 100% votes in favor:

1. Resolution 1: 19,310 votes in favor (100%), 0 against

2. Resolution 2: 19,310 votes in favor (100%), 0 against

3. Resolution 3: 19,310 votes in favor (100%), 0 against

4. Resolution 4: 19,310 votes in favor (100%), 0 against

5. Resolution 5: 19,310 votes in favor (100%), 0 against

6. Resolution 6: 19,310 votes in favor (100%), 0 against

7. Resolution 7: 19,310 votes in favor (100%), 0 against

8. Resolution 8: 19,310 votes in favor (100%), 0 against

Scrutinizer's Role and Findings

Scrutinizer Details:

  • Name: Namrata Tatiya
  • Firm: Mehta & Mehta, Company Secretaries
  • Qualification: Company Secretary
  • Membership Number: 24091
  • Date of Board Meeting Appointment: April 9, 2026
  • Date of Report Issuance: July 21, 2026

The scrutinizer confirmed that the remote e-voting process was conducted fairly and transparently. The notice of postal ballot was sent to members via email on June 19, 2026, with a corrigendum issued on June 30, 2026. The register was maintained electronically to record assent or dissent received from shareholders.

Compliance Confirmation

The management confirmed compliance with:

  • Sections 108 & 110 of the Companies Act, 2013
  • Rules 20 & 22 of the Companies (Management and Administration) Rules, 2014
  • SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
  • MCA General Circulars including No. 14/2020, No. 17/2020, and No. 03/2025
  • Secretarial Standards on General Meetings (SS-2)
  • Regulation 44 of SEBI Listing Regulations

Additional Information

The voting results have been made available on the company's website at https://shreevasulogistics.com/reports-and-results/. The scrutinizer's report and related papers will be handed over to the company for safe custody after the Chairman signs the minutes/report of the postal ballot process.