Declaration of the Results of Postal Ballot
06-01-2026: The Members of the Company have approved the Ordinary and Special Resolution as set out in Postal Ballot Notice dated 4th December, 2025.
Pursuant to Sections 108 and 110 of the Companies Act, 2013 (‘the Act’) read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, approval of Members of the Company was sought through Postal Ballot vide Notice dated 4th December, 2025. Based on the Scrutinizer’s Report dated 6th January, 2026, the Results of the Postal Ballot, as declared, were as under:
Item No. 1: Appointment of Mr. Niranjan Gupta (DIN: 07806792) as the Whole-time Director of the Company, liable to retire by rotation, to hold office for a period of 5 (five) consecutive years i.e., from 1st November, 2025 to 31st October, 2030.
Particulars | Number |
|---|---|
Number of valid Electronic Votes received | 2,00,60,89,547 |
Votes in favour of the resolution | 1,99,72,15,397 |
Votes against the resolution | 88,74,150 |
Item No. 2: Appointment of Mr. Bobby Parikh (DIN: 00019437) as an Independent Director of the Company, not liable to retire by rotation, to hold office for a period of 5 (five) consecutive years i.e. from 1st December, 2025 to 30th November, 2030.
Particulars | Number |
|---|---|
Number of valid Electronic Votes received | 2,00,60,92,930 |
Votes in favour of the resolution | 1,99,77,70,900 |
Votes against the resolution | 83,22,030 |
Accordingly, the Resolutions as set out in the Postal Ballot Notice dated 4th December, 2025 were passed by Members with the requisite majority of 99.56% and 99.58% votes respectively, cast in favour of the resolutions.