Please find attached herewith outcome of the postal ballot.
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Ultracab (India) Ltd announced the results of its postal ballot (conducted via remote e-voting from January 9, 2026 to February 7, 2026), in which all three ordinary resolutions were approved by shareholders. Resolution 1, approving material related party transactions with Jigar Cables Limited, passed with 94.65% of votes in favor. Resolution 2, approving material related party transactions with Jigar Polymers Limited, also passed with 94.65% in favor. Resolution 3, ratifying the remuneration of the Cost Auditor for FY ending March 31, 2026, passed with an overwhelming 99.80% in favor. The scrutinizer was Mr. Piyush Jethva, Practicing Company Secretary. Notably, turnout on the two related-party transaction resolutions was very low at just 1.74% of paid-up equity capital, while the cost auditor resolution saw much higher participation at 23.65%.
Shareholders have cleared material related-party deals with two group entities (Jigar Cables and Jigar Polymers), which enables the company to continue these transactions without further regulatory hurdles. The very low voter turnout on the RPT resolutions (1.74%) is a minor governance red flag, but with 94.65% support among those who voted, the results are decisive enough for compliance.