E-voting results and Scrutinizer's Report of the meeting of Equity Shareholders of G G Engineering Limited
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G G Engineering Limited held an NCLT-convened meeting of equity shareholders on September 26, 2025 (12:30 PM to 12:56 PM) via video conferencing to approve its Scheme of Amalgamation with Integra Essentia Limited under Sections 230–232 of the Companies Act, 2013. The resolution was passed with overwhelming majority — 99.78% of valid votes (12.47 crore shares) were in favour, with only 2,69,842 shares (0.22%) against. Public shareholders also voted 99.74% in favour, clearing the SEBI threshold for scheme approval. Notably, the promoter and promoter group held zero shares on the record date, and only about 7.89% of total paid-up share capital was voted. The Scrutinizer, CS Shreyans Jain, confirmed the resolution is duly passed with the requisite three-fourths majority. The scheme now moves to the next stage of awaiting final NCLT sanction.
This is a key milestone in the amalgamation process — shareholder approval has been secured, and the next step is NCLT sanction. Once approved, G G Engineering shareholders will receive shares of Integra Essentia Limited in exchange. The unusually low voting turnout (under 8%) and zero promoter holding suggest the company is largely held by retail/public shareholders, so the swap ratio and post-merger value of Integra Essentia shares will be critical for investors to watch.