Voting Result of Postal Ballot.
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EMA India Ltd (Scrip Code: 522027) conducted a Postal Ballot via e-voting from November 24, 2025 to December 23, 2025, and all 10 resolutions were approved with requisite majority. Out of 10,05,000 total shares, 4,60,924 shares (45.86%) were polled, with 100% of votes cast in favour and zero against. Key resolutions included alteration of the Main Objects clause and the Domicile clause of the Memorandum of Association, approval of related party transactions, authorisation for loans/guarantees/investments, adoption of new Articles of Association, and appointment of three new directors. Mr. Akshay Shivaji Adhalrao (DIN: 00314926) was appointed as Director and Managing Director with remuneration. The Scrutinizer, Mr. Awashesh Dixit (Practicing Company Secretary), submitted his report on December 25, 2025.
Shareholders should note significant corporate changes including a likely shift in business activities (Main Objects alteration), a possible domicile/registered office change, and a new management team taking charge. Promoters voted in full favour and effectively drove all resolutions, while public shareholder participation was limited. The appointment of Mr. Akshay Adhalrao as Managing Director with approved remuneration is a material change in leadership.