Pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015, please find enclosed herewith details of e-voting results along with the report of the Scrutiniser viz. M/s. Bhandari & Associates, ....
FRACTAL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Fractal Analytics Limited conducted a postal ballot via e-voting from April 29 to May 28, 2026, with 88,764 shareholders on record. All 9 special resolutions were passed, covering employee stock option plans (ESOPs) and amendments to the Articles of Association. Resolution 1 (2019 ESOP ratification) got 92.48% approval with notable 7.52% opposition from public institutions. Resolutions 7 and 8 (Performance Based Incentive Plans to subsidiaries) saw ~98% approval with ~2% dissent. Resolution 9 (Board Nomination Rights/Special Rights to certain shareholders) passed with 90.17% approval despite promoter interest declared. Total voter turnout was 77.65% of outstanding shares. Scrutiniser M/s. Bhandari & Associates confirmed all resolutions were duly passed.
All ESOP-related resolutions passing strengthens the company's employee retention and incentive framework. Resolution 9 granting board nomination rights to certain shareholders indicates potential changes in governance dynamics or shareholder agreements. The moderate dissent on resolutions 1, 2, 7, and 8 warrants monitoring for any institutional investor concerns.