Meeting Details
- Meeting Type: 1st Extra-Ordinary General Meeting
- Financial Year: 2026-27
- Meeting Date: August 19, 2026
- Meeting Time: 01:00 P.M.
- Meeting Mode: Conducted through Video Conferencing (VC)/ Other Audio Visual Means (OAVM)
- Cut-off Date: August 12, 2026
Proposed Resolutions and Implications
The EGM considered four resolutions:
1. Item No. 1: Approval for creation of Pledge/ Charge/ Mortgage/ Hypothecation/Assignment on the Assets of the Company and/or extending guarantees as per Section 180(1)(a) of the Companies Act, 2013 (Special Resolution)
2. Item No. 2: Approval for advancing of loan, giving of guarantee and providing of security under Section 185 of the Companies Act, 2013 (Special Resolution)
3. Item No. 3: Approval for giving of loans and guarantee, to provide security and make investment under Section 186 of the Companies Act, 2013 (Special Resolution)
4. Item No. 4: Approval of contract/arrangement for material Related Party Transactions with various related parties (Ordinary Resolution)
Promoter/promoter group were not interested in resolutions 1-3 but were interested in resolution 4.
Voting Process and Methods
The voting was conducted through:
- Remote e-voting: Available through Central Depository Services (India) Limited (CDSL)
- E-voting during EGM: For members participating through VC/OAVM who had not voted remotely
Remote e-voting period: Commenced on Sunday, August 16, 2026 at 09:00 A.M. and concluded on Tuesday, August 18, 2026 at 05:00 P.M.
Key Voting Outcomes
Resolution 1: Asset Charges (Special Resolution)
- Total votes cast: 1,80,87,379 shares (56.68% of outstanding shares)
- Votes in favor: 1,80,87,357 shares (99.99% of votes polled)
- Votes against: 22 shares (0.00% of votes polled)
- Promoter turnout: 1,29,34,899 shares voted (99.99% of promoter holdings)
- Public non-institution turnout: 51,52,480 shares voted (27.15% of public non-institution holdings)
Resolution 2: Section 185 Approvals (Special Resolution)
- Total votes cast: 1,80,87,379 shares (56.68% of outstanding shares)
- Votes in favor: 1,80,87,357 shares (99.99% of votes polled)
- Votes against: 22 shares (0.00% of votes polled)
- Promoter turnout: 1,29,34,899 shares voted (99.99% of promoter holdings)
- Public non-institution turnout: 51,52,480 shares voted (27.15% of public non-institution holdings)
Resolution 3: Section 186 Approvals (Special Resolution)
- Total votes cast: 1,80,87,379 shares (56.68% of outstanding shares)
- Votes in favor: 1,80,87,357 shares (99.99% of votes polled)
- Votes against: 22 shares (0.00% of votes polled)
- Promoter turnout: 1,29,34,899 shares voted (99.99% of promoter holdings)
- Public non-institution turnout: 51,52,480 shares voted (27.15% of public non-institution holdings)
Resolution 4: Related Party Transactions (Ordinary Resolution)
- Total votes cast: 62,46,230 shares (19.57% of outstanding shares)
- Votes in favor: 62,46,208 shares (99.99% of votes polled)
- Votes against: 22 shares (0.00% of votes polled)
- Promoter turnout: 10,93,750 shares voted (8.45% of promoter holdings)
- Public non-institution turnout: 51,52,480 shares voted (27.15% of public non-institution holdings)
Shareholding Structure
- Total outstanding shares: 3,19,08,860
- Promoter and promoter group holdings: 1,29,35,274 shares (40.55%)
- Public non-institution holdings: 1,89,73,586 shares (59.45%)
- Public institution holdings: 0 shares
Scrutinizer's Role and Findings
- Scrutinizer: Mr. Amritanshu Balani, Practicing Company Secretary (COP No. 13773, Membership no. A33746)
- Firm: M/s A. Balani & Associates, Practicing Company Secretaries
- Responsibilities: Scrutinizing remote e-voting process and e-voting during EGM in fair and transparent manner
- Findings: All resolutions passed with requisite majority
- Data custody: Electronic data and records are under scrutinizer's safe custody until handed over to Chairman/Company Secretary after minutes approval
Compliance Confirmation
The voting process complied with:
- Section 108 of the Companies Act, 2013
- Rule 20 of the Companies (Management and Administration) Rules, 2014
- SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
Additional Information
- Address: 121/135, Vijay Path, Mansarovar, Jaipur, RJ-302020
- Contact: Email: amritanshubalaniandassociates@gmail.com, Mob. No.: +91 9828962238
- UDIN: F014152H001168734
- Voting system: CDSL e-voting platform (https://www.evotingindia.com)