Key Event Details

The shareholders of Virinchi Limited approved three resolutions through a postal ballot process. The last date for receipt of postal ballot forms/e-voting was Tuesday, July 14, 2026, which is deemed the date of approval.

Resolutions Approved

1. Item No. 1: Approval for giving loans under Section 185 of the Companies Act, 2013.

2. Item No. 2: Approval of Material Related Party Transactions with M/s. Virinchi Health Care Private Limited.

3. Item No. 3: Approval of Material Related Party Transactions with M/s. Vivo Bio Tech Limited.

Voting Process and Administration

The postal ballot notice was dispatched to shareholders on June 12, 2026. The remote e-voting period was open from 09:00 AM (IST) on Monday, June 15, 2026, to 5:00 PM (IST) on Tuesday, July 14, 2026. The record date for determining shareholders entitled to vote was June 5, 2026, on which date there were 38,185 shareholders. The scrutinizer for the process was CS Vinay Babu Gade (Membership No. 20592), who was appointed by the Board of Directors in a meeting held on May 28, 2026. The e-voting was conducted through the platform provided by Central Depository Services (India) Limited (CDSL) at https://www.evotingindia.com/.

Detailed Voting Results

Resolution 1: Approval for giving loans under Section 185

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Shares Outstanding: 112,707,372
  • Total Votes Polled: 2,809,214 shares (2.4925% of outstanding shares)
  • Votes in Favor: 2,537,352 shares (90.3225% of votes polled)
  • Votes Against: 271,862 shares (9.6775% of votes polled)
  • Promoter & Promoter Group Voting: 0 shares voted (0% of their 44,475,538 shareholding)
  • Public Institutions Voting: 0 shares voted
  • Public Non-Institutions Voting: 2,809,214 shares voted (4.1172% of their 68,231,834 shareholding)
  • Invalid Votes: None
  • Result: Passed

Resolution 2: Related Party Transactions with Virinchi Health Care Private Limited

  • Resolution Type: Ordinary
  • Promoter Interest: No
  • Total Shares Outstanding: 112,707,372
  • Total Votes Polled: 2,809,214 shares (2.4925% of outstanding shares)
  • Votes in Favor: 2,603,809 shares (92.6882% of votes polled)
  • Votes Against: 205,405 shares (7.3118% of votes polled)
  • Promoter & Promoter Group Voting: 0 shares voted (0% of their 44,475,538 shareholding)
  • Public Institutions Voting: 0 shares voted
  • Public Non-Institutions Voting: 2,809,214 shares voted (4.1172% of their 68,231,834 shareholding)
  • Invalid Votes: None
  • Result: Passed

Resolution 3: Related Party Transactions with Vivo Bio Tech Limited

  • Resolution Type: Ordinary
  • Promoter Interest: Yes
  • Total Shares Outstanding: 112,702,872
  • Total Votes Polled: 2,809,214 shares (2.4926% of outstanding shares)
  • Votes in Favor: 2,559,238 shares (91.1016% of votes polled)
  • Votes Against: 249,976 shares (8.8984% of votes polled)
  • Promoter & Promoter Group Voting: 0 shares voted (0% of their 44,475,538 shareholding)
  • Public Institutions Voting: 0 shares voted
  • Public Non-Institutions Voting: 2,809,214 shares voted (4.1174% of their 68,227,334 shareholding)
  • Invalid Votes: None
  • Result: Passed

Scrutinizer's Report Details

CS Vinay Babu Gade submitted his scrutinizer's report on July 14, 2026. The e-voting votes were unblocked on July 14, 2026, at 05:23 PM in the presence of two witnesses, Mr. Trinath and Mr. Govind, who are not employees of the company. The report confirms that all registers and records related to the e-voting are being maintained in electronic form and will remain in the scrutinizer's safe custody until the Chairman approves and signs the minutes.

Additional Information

The voting results along with the scrutinizer's report are available on the company's website at www.virinchi.com.