Voting Result of EGM held on January 16 , 2026 together with Scrutinizer report thereon.
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Ganesh Consumer Products Limited held an Extraordinary General Meeting (EGM) on January 16, 2026 via video conferencing, where all three special resolutions were passed with overwhelming majority. The resolutions approved: (1) the 'Ganesh Consumer Products Limited – Employee Stock Option Scheme 2025' (ESOS 2025), (2) secondary acquisition of shares through the trust route to implement ESOS 2025, and (3) provision of money by the company for the Ganesh Employee Welfare Trust to purchase its own shares under the scheme. Total votes polled stood at 2,82,36,820 out of 4,04,12,946 outstanding shares, representing 69.87% voter turnout. Promoters voted 100% in favour (2,42,30,220 shares), while institutional investors polled 41.42% of their holdings with 100% in favour, and non-institutional shareholders polled 18.68% with over 99.95% support. All three resolutions passed with more than 99.99% votes in favour, with only 898 to 1,018 votes cast against across the resolutions.
The approval clears the path for Ganesh Consumer Products to roll out its new ESOP scheme to reward and retain employees, which could lead to slight equity dilution over time via the employee welfare trust. For shareholders, the near-unanimous approval signals strong promoter and institutional confidence in the company's growth plans, though it does carry a mild future dilution risk.