Please find attached Scrutinizers Report for the Postal Ballot
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IIRM Holdings India Ltd has announced the results of its Postal Ballot concluded on April 17, 2025, with all 5 Special Resolutions passed with 100% approval (zero votes against). The key resolution approved the Scheme of Amalgamation of Sampada Business Solutions Limited (SBSL) into IIRM Holdings India Limited. The other 4 resolutions approved the IIRM Employee Stock Option Plan 2025 (ESOP 2025) and Employee Stock Purchase Scheme 2025 (ESPS 2025), including grants to employees of subsidiary/associate companies. A total of 61.41 million shares were voted out of 68.14 million total shares, representing 90.12% participation. Promoters (holding 39.45 million shares) and public non-institutions (28.25 million shares) both voted unanimously in favor. The amalgamation was passed under Section 233 of the Companies Act, 2013 (fast-track merger route).
Shareholders have cleared the amalgamation of SBSL into IIRM Holdings, paving the way for consolidation that could expand the company's business scope. The ESOP and ESPS schemes, once implemented, may cause minor equity dilution but are designed to align employee interests. Overall, this reflects a routine corporate restructuring with strong shareholder support.