Voting results and Scrutinizer''s report for Postal Ballot
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SGL Resources Ltd conducted a Postal Ballot through remote e-voting from November 22 to December 21, 2025, seeking shareholder approval on four resolutions, all of which were passed with overwhelming majority. Resolution 1 was the re-appointment of Mr. Kantilal Vrajlal Ladani (DIN: 00016171) as Whole-Time Director, approved with 99.55% votes in favour. Resolutions 2-4 were housekeeping amendments: alteration of the Object Clause of the Memorandum of Association, adoption of a new MOA, and adoption of a new set of Articles of Association, all aligned with the Companies Act, 2013, each passed with 99.55% to 99.69% votes in favour. A total of 7,03,16,280 shares (28.07% of paid-up equity capital) were polled by 71 shareholders, out of a total shareholder base of 21,777 as of the record date. The voting was conducted only by public non-institutional shareholders, with the promoter group holding zero shares and participating in no voting.
All four resolutions were easily approved with near-unanimous support, reaffirming continuity in leadership with Mr. Ladani's re-appointment as Whole-Time Director and CFO. The MOA/AOA updates are routine compliance housekeeping under the Companies Act, 2013, with no material operational impact expected for shareholders. The very low voting turnout (28%) is typical for postal ballots in small-cap companies and unlikely to affect stock price.