Pursuant to Regulation 44(3) of SEBI (LODR) Regulations,2015, find enclosed herewith the Scrutinizer''s Report on the voting results of the 01st EGM for the FY 2025-26 held on 13-02-2026 ....
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Paramount Cosmetics (India) Ltd held its 1st Extraordinary General Meeting (EGM) of FY 2025-26 on February 13, 2026, through video conferencing from 11:00 AM to 11:11 AM. Three special resolutions were passed with the requisite majority, as confirmed by Scrutinizer Mr. Brajesh Gupta. Resolution 1 (exempting Managing Director from retirement by rotation) received 99.99% approval with 38.31 lakh votes in favor out of 48.55 lakh total shares. Resolutions 2 and 3 (approval of a related party transaction for sale of a fixed asset at arm's length, and sale of property to a related party or other person with MD authorization) each received 99.92% approval with 2.01 lakh votes in favor; promoter group abstained from voting on these as they were interested parties. Total shareholders on record date were 6,356, with 3 promoter group members and 48 public shareholders attending via VC. Turnout was high for Resolution 1 (78.93% of outstanding shares) but low for Resolutions 2 and 3 (4.14% each) due to promoter abstention.
All three special resolutions were approved, including changes to the Articles of Association to allow the MD indefinite tenure and authorization for related party asset/property sales. Shareholders should note that the promoter group did not vote on the related party sale resolutions, and the low public turnout (about 16.45% of public non-institutional shares) means these outcomes were largely driven by the public non-institutional votes. No material dissent was recorded on any resolution.