Details of Voting Results of Postal Ballot.
TCC · price
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TCC Concept Ltd conducted a postal ballot via remote e-voting from June 17 to July 16, 2025, with all 8 resolutions passed by shareholders. The first two special resolutions approved the remuneration of Mr. Umesh Kumar Sahay (Managing Director) and Mr. Abhishek Narbaria (Non-Executive Director), each receiving 100% approval (28,633,619 votes in favor, none against). The remaining six ordinary resolutions approved material related party transactions involving the company and its subsidiaries (NES Data Pvt Ltd and Brantford Ltd) with EFC Limited, DC&T Global Pvt Ltd, and Whitehills Interior Limited, all passing with 100% of polled votes in favor. Promoters, being interested parties in the RPT resolutions, abstained from voting on those items. Total votes polled on RPT resolutions stood at 7,052,491 (24.63% of outstanding shares), with 19,035,046 votes declared invalid due to promoter interest.
All resolutions were approved with unanimous support from non-interested shareholders, clearing the way for director remuneration payments and multiple related-party transactions. The 100% approval rate suggests no shareholder dissent on the proposed RPTs with group entities, though retail investors should note the high concentration of voting power with promoters (who abstained on RPTs to avoid conflict of interest).