In terms of Regulation 44 of SEBI LODR Regulations 2015 we hereby enclose herewith the voting results on the business transacted through Postal Ballot along with consolidated scrutinizer''s report.
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Promax Power Limited has approved the appointment of M/s. Manish Jain & Associates as the new Statutory Auditors of the company through a Postal Ballot process. The appointment was made to fill a casual vacancy caused by the resignation of the previous auditors, M/s Raj Gupta & Co. The resolution was passed with 100% approval, with all 8 participating shareholders voting in favor. Total votes polled represented 69.03% of the outstanding shares, with no dissenting votes. The scrutinizer's report confirms the ordinary resolution was passed with requisite majority on May 9, 2026.
The auditor change reflects routine corporate governance with no direct impact on stock price. Shareholders should note the mid-term auditor resignation as a data point for monitoring governance stability.