Voting Process Details
The remote e-voting process was conducted for shareholder approval of two resolutions outlined in the Postal Ballot Notice dated May 14, 2026. The voting period commenced on Saturday, May 30, 2026, at 9:00 A.M. (IST) and concluded on Sunday, June 28, 2026, at 5:00 P.M. (IST). The cut-off date for determining shareholder eligibility to vote was Friday, May 22, 2026.
Resolution 1: Special Resolution - Appointment of Independent Director
Description: Appointment of Mr. Mahendra Kumar Chouhan (DIN: 00187253) as Non-Executive, Independent Director of the Company.
Voting Results:
- Promoter and Promoter Group: 17,43,36,583 shares held | 17,28,81,766 votes polled (99.17% participation) | 100% votes in favor | 0 votes against
- Public Institutions: 1,76,78,335 shares held | 1,74,46,515 votes polled (98.69% participation) | 100% votes in favor | 0 votes against
- Public Non-Institutions: 5,36,80,606 shares held | 44,18,245 votes polled (8.23% participation) | 97.91% votes in favor | 2.09% votes against (92,250 votes)
- Total: 24,56,95,524 shares outstanding | 19,47,46,526 votes polled (79.26% participation) | 19,46,54,276 votes in favor (99.95%) | 92,250 votes against (0.05%)
Outcome: Resolution PASSED with requisite majority.
Resolution 2: Ordinary Resolution - Related Party Transaction
Description: Approval for Material Related Party Transaction(s) with Contech Logistics Solutions Private Limited, a Promoter Group Entity of the Company.
Voting Results:
- Promoter and Promoter Group: 17,43,36,583 shares held | 0 votes polled (0% participation) | 0 votes in favor | 0 votes against
- Public Institutions: 1,76,78,335 shares held | 1,74,46,515 votes polled (98.69% participation) | 100% votes in favor | 0 votes against
- Public Non-Institutions: 5,36,80,606 shares held | 40,26,210 votes polled (7.50% participation) | 92.22% votes in favor | 7.78% votes against (3,13,220 votes)
- Total: 24,56,95,524 shares outstanding | 2,14,72,725 votes polled (8.74% participation) | 2,11,59,505 votes in favor (98.54%) | 3,13,220 votes against (1.46%)
Outcome: Resolution PASSED with requisite majority.
Scrutinizer Appointment and Report
The Board of Directors appointed Mr. Vijay Yadav (FCS - 11990), Partner of M/s. AVS & Associates, Company Secretaries, as Scrutinizer through a resolution passed on May 14, 2026. The scrutinizer submitted the report on June 29, 2026, confirming the voting was conducted in a fair and transparent manner. NSDL provided the e-voting facility, and the voting portal was unblocked in the presence of Mr. Chinmay Mhatre and Ms. Sakshi Khedekar, who are not employees of the company.
Additional Information
- No invalid votes were recorded in either resolution
- The e-voting results and Scrutinizer's Report are available on the company's website (www.transindia.co.in/investors/) and NSDL's website (www.evoting.nsdl.com)
- The letter was signed by Khushboo Dinesh Mishra, Company Secretary & Compliance Officer