Meeting Details

  • Type of Meeting: Postal Ballot
  • Last Date of Remote E-Voting: September 10, 2026
  • Record Date: August 3, 2026
  • Total Number of Shareholders on Record Date: 157,189

Proposed Resolutions and Implications

Shareholder approval was sought for two items of special business via remote electronic voting:

1. Approval to raise capital: To raise up to ₹600.00 Crore by way of qualified institutions placement(s) (QIP) to eligible investors through an issuance of equity shares and/or other securities.

2. Approval of addition in main objects clauses: To approve additions in the main objects clauses in the Memorandum of Association (MOA) of the Company.

Voting Process

The remote e-voting process was conducted via the facility provided by Central Depository Services Limited (CDSL) on their website https://www.evotingindia.com/.

  • Voting Period: Commenced on Wednesday, August 12, 2026, at 9:00 a.m. (IST) and ended on Thursday, September 10, 2026, at 5:00 p.m. (IST).
  • Electronic Sequence Event Number (EVSN): 260805006
  • Scrutinizer: Mr. Mitesh Shah of Mitesh Shah & Co. (Practicing Company Secretaries) was appointed by the Board of Directors at their meeting held on July 28, 2026.

Key Voting Outcomes

Resolution 1: Approval for QIP of up to ₹600 Crore

Overall Result: PASSED

  • Total Votes Cast: 98,336,330
  • Total Votes in Favour: 98,332,443 (99.9960% of votes polled)
  • Total Votes Against: 3,887 (0.0040% of votes polled)
  • Number of Shareholders Voting: 470

Category-Wise Breakdown for Resolution 1:

  • Promoter & Promoter Group: 93,859,944 votes cast, all in favour (100.00%).
  • Public Institutions: 4,361,829 votes cast, all in favour (100.00%).
  • Public Non-Institutions: 114,557 votes cast. 110,670 in favour (96.6069%), 3,887 against (3.3931%).

Resolution 2: Approval for Addition in MOA Objects

Overall Result: PASSED

  • Total Votes Cast: 97,399,712
  • Total Votes in Favour: 97,395,970 (99.9962% of votes polled)
  • Total Votes Against: 3,742 (0.0038% of votes polled)
  • Number of Shareholders Voting: 468

Category-Wise Breakdown for Resolution 2:

  • Promoter & Promoter Group: 93,859,944 votes cast, all in favour (100.00%).
  • Public Institutions: 3,425,319 votes cast, all in favour (100.00%).
  • Public Non-Institutions: 114,449 votes cast. 110,707 in favour (96.7304%), 3,742 against (3.2696%).

Scrutinizer's Role and Findings

Mr. Mitesh Shah, the appointed scrutinizer, submitted his report on September 11, 2026. His responsibilities included scrutinizing the e-voting process and the votes tendered. The report confirms:

  • The e-voting process was conducted in compliance with the Companies Act, 2013, and relevant rules.
  • The data was compiled from the CDSL platform.
  • Both resolutions were passed with the requisite majority.
  • The relevant records relating to the postal ballot were sealed and handed over to the Company Secretary for safekeeping.

Compliance Confirmation

The disclosure confirms compliance with Section 110 of the Companies Act, 2013, read with the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (LODR) Regulations, 2015. The voting results and scrutinizer's report are being uploaded on the company's website (www.transrail.in) and the CDSL website (https://www.evotingindia.com/).