Voting Results and Scrutinizer''s Report of Postal Ballot.
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GTV Engineering Ltd conducted a Postal Ballot that concluded on 13 November 2025, with one ordinary resolution seeking shareholder approval to increase the Authorized Share Capital and amend the Capital Clause of the Memorandum of Association. The resolution was overwhelmingly passed, with 28,323,946 votes (99.9998%) in favour and just 60 votes (0.0002%) against, representing 60.45% of total outstanding shares. The Promoter and Promoter Group voted their entire holding of 27,871,185 shares (100%) in favour, while public non-institutional participation was low at 2.38% (452,821 shares polled), of which 99.99% backed the resolution. The scrutinizer was Ankur Chouksey of Ankur Chouksey and Associates.
Approval to increase authorized share capital does not dilute existing shareholders immediately, but signals that the company is preparing room for a future equity issuance or fundraising round. Shareholders should expect a potential capital raise or preferential allotment in the coming months that could lead to share dilution.