Voting Results and Scrutinizer''s Report of the Postal Ballot Notice dated 20th February, 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
TTI Enterprise Ltd conducted a postal ballot through remote e-voting from 26 February 2026 to 27 March 2026, with 66 members casting 1,11,23,847 votes in total. All six special resolutions were passed with the requisite majority. Key items approved include altering the object clause of the Memorandum of Association, surrendering the company's NBFC (Non-Banking Financial Company) licence, regularising Mr. Kushal Agrawal and Mr. Shashank Suhalka as Non-Executive Independent Directors, and ratifying the cessation of Mr. Valath Sreenivasan Ranganathan as a director due to disqualification. Resolutions 1 to 3 received 1,11,23,830 votes in favour and 17 against, while resolutions 4 to 6 received 1,11,23,631 votes in favour and 216 against.
The surrender of the NBFC licence signals a major strategic shift away from financial services, which could reshape the company's future business direction. Board changes including cessation of a director due to disqualification may raise governance concerns, though the overwhelming approval margin (over 99.99%) suggests shareholder support for management's restructuring plans.