Meeting Details

The voting was conducted via remote e-voting and postal ballot, without a physical meeting. The voting period was from September 4, 2026 (9:00 A.M.) to October 3, 2026 (5:00 P.M.). The cut-off date for determining shareholder eligibility to vote was Friday, August 28, 2026.

Proposed Resolution and Implications

The single agenda item was an Ordinary Resolution: 'To approve and ratify material related party transaction(s) and related arrangements between the Company and Sona Comstar eDrive Private Limited.' This resolution sought shareholder approval for ongoing related party transactions between Sona BLW Precision Forgings Limited and its related entity, Sona Comstar eDrive Private Limited.

Voting Process

The Company engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. The process was scrutinized by Ayushi Jain, Proprietor of Ayushi J & Associates, Practicing Company Secretaries (Membership No. F11036, Certificate of Practice No. 14498), who was appointed by the Board of Directors.

Key Voting Outcomes

  • Total Votes Cast: 37,59,83,898 shares
  • Votes in Favor: 35,52,70,663 shares (94.49% of votes cast)
  • Votes Against: 2,07,13,235 shares (5.51% of votes cast)
  • Invalid Votes: 31,94,135 shares
  • Total Number of Members who Voted: 1,642 members voted in favor, 100 members voted against, and 15 members' votes were invalid.

Participation Breakdown by Shareholder Category

Promoter & Promoter Group:

  • Shares Held: 17,42,10,655
  • Votes Cast: 0 (0.00% of shares held)

Public Institutions:

  • Shares Held: 40,60,29,208
  • Votes Cast: 37,20,88,264 shares (91.6408% of shares held)
  • Votes in Favor: 35,13,79,667 shares (94.4345% of votes cast by this category)
  • Votes Against: 2,07,08,597 shares (5.5655% of votes cast by this category)

Public Non-Institutions:

  • Shares Held: 4,36,50,787
  • Votes Cast: 38,95,634 shares (8.9245% of shares held)
  • Votes in Favor: 38,90,996 shares (99.8809% of votes cast by this category)
  • Votes Against: 4,638 shares (0.1191% of votes cast by this category)

Scrutinizer's Role and Findings

Ayushi Jain, the appointed Scrutinizer, downloaded the votes from the NSDL e-voting website on October 3, 2026, at approximately 5:02 PM in the presence of two witnesses, Dheeraj Upadhyay and Shivani Garg (who are not employees of the Company). The Scrutinizer confirmed that the resolution was passed with the requisite majority. It was noted that members who abstained were not considered, and body corporates whose authorization documents were not received were considered invalid.

Compliance Confirmation

The report was prepared in compliance with Section 108 & 110 of the Companies Act, 2013; Rule 20 & Rule 22 of the Companies (Management and Administration) Rules, 2014; MCA General Circular Nos. 14/2020, 17/2020, 09/2023, 09/2024, and 03/2025; Regulation 44 of the SEBI LODR Regulations; and Secretarial Standard SS-2.