Resolution Details
The company sought shareholder approval through postal ballot e-voting for one ordinary resolution: "Approval for the proposed material related party transactions with the Subsidiaries and/or Joint Ventures of the Company and between subsidiaries and Joint ventures where holding company is not a party to the transaction listed in Annexure-1 to the explanatory statement during the financial year 2026-2027."
Voting Process and Timeline
- Postal ballot notice submitted to exchanges on June 11, 2026\
- Postal ballot notice dated May 25, 2026\
- Remote e-voting period: June 12, 2026 (9:00 AM IST) to July 11, 2026 (5:00 PM IST)\
- Voting conducted through NSDL e-Voting platform\
- Scrutinizer: P. Sriram, Practicing Company Secretary (Membership No. FCS 4862)\
- Notice sent to 86,424 shareholders via electronic mode
Voting Results
Total Shareholders Participating: 358\
Total Shares Voted: 12,209,066\
Percentage of Outstanding Shares Voted: 7.15%
Ordinary Resolution 1 Results:\
- Votes in Favor: 12,150,188 shares (99.52%)\
- Votes Against: 58,878 shares (0.48%)\
- Result: PASSED with requisite majority
Shareholder Category Breakdown
Promoter and Promoter Group:\
- Shares Held: 47,597,070\
- Shares Voted: 0 (0.00%)
Public Institutions:\
- Shares Held: 13,571,538\
- Shares Voted: 3,751,356 (27.64%)\
- Votes in Favor: 3,751,356 (100.00%)\
- Votes Against: 0 (0.00%)
Public Non-Institutions:\
- Shares Held: 109,485,784\
- Shares Voted: 8,457,710 (7.72%)\
- Votes in Favor: 8,398,832 (99.30%)\
- Votes Against: 58,878 (0.70%)
Additional Information
- Physical copy of notice and ballot form not sent to members\
- Results hosted on company website: www.shriramproperties.com\
- Scrutinizer's report dated July 13, 2025 [sic] submitted to Chairman & Managing Director