Disclosure of Voting Results of Postal Ballot pursuant to Regulation 44 of SEBI LODR, 2015
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Manoj Ceramic Ltd conducted a postal ballot (remote e-voting) from 8 February to 9 March 2026 to seek shareholder approval for altering the Object Clause of its Memorandum of Association. The special resolution was to add a new sub-clause enabling the company to enter the architectural, interior design, engineering, and turnkey interior decoration business. Out of 1,24,07,000 total shares, 60,01,200 shares (48.37%) were voted, with 100% in favour and 0% against. Promoter group (59,72,800 shares) voted entirely in favour, while only 28,400 shares from public non-institutional holders participated. The resolution was passed with the requisite majority. Note: 13,00,000 equity shares recently allotted to promoters were still pending credit to demat accounts and were excluded from voting.
The company has formally expanded its permitted business scope to include interior design, architecture, and related services, signalling diversification beyond its core ceramic business. Shareholders should expect the company to begin operations or investments in the interiors/architecture space in upcoming quarters. The low public participation (0.47% of non-institutional shares) means the resolution was driven mainly by promoter support.