We are enclosing herewith the Consolidated Scrutinizer''s Report on e voting and ballot paper basis conducted for the 81st Annual General Meeting of our Company held on Saturday, the 27th ....
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TCM Limited submitted the consolidated scrutinizer's report for its 81st Annual General Meeting held on 27th September 2025 in Ernakulam. Four resolutions were put to vote via e-voting and ballot paper. All four resolutions were passed by shareholders. Resolution 1 (adoption of audited standalone and consolidated financial statements for FY ended 31st March 2025) received 47.81 lakh votes in favor and 85,002 against. Resolution 2 (reappointment of Mr. George Varghese, Managing Director, who retires by rotation) received 47.81 lakh votes in favor and 85,002 against. Resolution 3 (signing Shareholders Agreement and Joint Development Agreement with Asset Homes TCM Townships Pvt Ltd, a related party) received 42.27 lakh votes in favor and 6.39 lakh against. Resolution 4 (appointment of Secretarial Auditors) received 47.81 lakh votes in favor and 85,002 against. A total of 60 members participated in voting.
All resolutions were approved, including the reappointment of the Managing Director and a related-party real estate joint development deal. The related-party resolution (Resolution 3) saw the highest dissent, with about 13% of votes against it, but still passed comfortably. No material impact on shareholders from the voting results as outcomes were broadly expected.