Key Resolution Details

The company sought shareholder approval through postal ballot process via remote e-voting for one ordinary resolution:

  • Resolution: To appoint M/s BMGS & Associates, Chartered Accountants (FRN: 026886N) as statutory auditor to fill casual vacancy caused by resignation of previous auditor M/s TCS & Co., Chartered Accountants (FRN 145920W) for Financial Year 2025-26
  • The new auditor will hold office until the conclusion of the ensuing Annual General Meeting in 2026
  • Remuneration and out-of-pocket expenses to be fixed by the Board of Directors

Voting Process Details

  • Notice date: April 29, 2026
  • Record date: April 24, 2026
  • Remote e-voting period: May 01, 2026 (9:00 IST) to May 30, 2026 (17:00 IST)
  • Scrutinizer: Vishakha Agrawal of Vishakha Agrawal & Associates (Membership No. 39298)
  • Scrutinizer appointment date: April 29, 2026
  • Scrutinizer report issuance date: June 01, 2026

Shareholder Participation

  • Total shareholders on record date: 21,143
  • Shareholders who voted: 81 members
  • Total equity shares outstanding: 59,939,250
  • Total votes polled: 283,213 shares
  • Voting percentage: 0.4725% of outstanding shares

Voting Results Breakdown

Public Non-Institutions Category (only category with votes)

  • Shares held: 59,939,250
  • Votes polled via e-voting: 283,213 shares (0.4725%)
  • Votes in favor: 256,246 shares (90.4782%)
  • Votes against: 26,967 shares (9.5218%)

Promoter and Promoter Group

  • No votes polled (0 shares voted)

Public Institutions

  • No votes polled (0 shares voted)

Resolution Outcome

  • The ordinary resolution was passed with requisite majority
  • 65 members voted in favor of the resolution
  • 16 members voted against the resolution
  • Resolution passed on May 30, 2026

Authorization

Mr. Akhil Arora, Managing Director & CFO (DIN: 11329665) was authorized to supervise the postal ballot process and submit necessary e-Forms with Registrar of Companies.

Additional Notes

  • No physical postal ballot forms were dispatched due to COVID-19 pandemic situation
  • No invalid votes were recorded across all categories
  • The company used Central Depository Services Limited (CDSL) as the authorized agency for remote e-voting facility