Pursuant to Sections 110 and 108 of the Companies Act 2013 and Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sobhagya Mercantile Limited submitted the voting results of a Postal Ballot to BSE Limited.

The approval of members was sought on a single resolution through a Postal Ballot by way of a remote e-voting process, as detailed in the Postal Ballot Notice dated 29th May, 2026.

Resolution Details:

  • Description: Approval for Material Related Party Transaction(s) with MKS Constro-Venture Private Limited
  • Type: Ordinary Resolution
  • Promoter Interest: Promoters/Promoter Group were interested in the resolution.

Voting Process:

The remote e-voting period commenced on Thursday, 04th June, 2026 at 09:00 a.m. (IST) and ended on Friday, 03rd July, 2026 at 5:00 p.m. (IST). The cut-off date for determining members entitled to vote was 29th May, 2026. The total number of shareholders on the record date was 1,359.

Scrutinizer Appointment:

Parag Dasarwar of PDTS & Associates (FCS No. 9304) was appointed as the Scrutinizer in the Board Meeting held on 29th May, 2026. The scrutinizer's report was issued to the company on 06th July, 2026.

Voting Results:

The resolution was passed by the members with the requisite majority. The detailed breakdown of votes is as follows:

Promoter & Promoter Group:

  • Shares Held: 6,299,919
  • Votes Polled: 0 (Abstained from voting as they were the related party)

Public Institutions:

  • Shares Held: 1,348,500
  • Votes Polled: 0

Public-Non Institutions:

  • Shares Held: 2,100,081
  • Votes Polled via E-Voting: 579,258 (27.5827% of their holding)
  • Votes in Favor: 579,249
  • Votes Against: 9
  • % Votes in Favor: 99.9984%
  • % Votes Against: 0.0016%

Overall Totals:

  • Total Shares (Outstanding Capital): 9,748,500
  • Total Valid Votes Polled: 579,258 (5.9420% of outstanding capital)
  • Total Votes in Favor: 579,249 (99.9984% of votes polled)
  • Total Votes Against: 9 (0.0016% of votes polled)

Scrutinizer's Report Findings:

The scrutinizer's report, provided by PDTS & Associates, confirmed the following:

  • The e-voting facility was provided by National Securities Depositories Limited (NSDL).
  • 21 members cast 579,258 valid votes electronically.
  • 16 members cast 579,249 votes (99.9984%) in favor of the resolution.
  • Votes against the resolution totaled 9 (0.0016%), cast by an unspecified number of members.
  • There were no invalid votes.

All relevant records from the voting process were sealed and handed over to a director authorized by the Board for safekeeping.