Scrutinizer''s Report and Voting Results under Regulation 44 of SEBI (LODR) Regulations
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VCU Data Management Ltd conducted a postal ballot (remote e-voting via NSDL) from October 15 to November 14, 2025, seeking shareholder approval on two ordinary resolutions. Both resolutions aimed to reclassify Mr. Sanjay Vardhan and Mr. Shripal Bafna from the 'Promoter and Promoter Group' category to the 'Public' category. Both resolutions passed with near-unanimous support: Resolution 1 (Sanjay Vardhan) received 99.85% votes in favor (2,225,431 votes) and Resolution 2 (Shripal Bafna) received 99.84% votes in favor (2,046,531 votes). Only 3,242 votes were cast against each resolution. The Scrutinizer, VKM & Associates, certified the results and the Managing Director countersigned on November 15, 2025.
The reclassification of two individuals out of the Promoter Group category reduces the company's promoter group size and their associated regulatory obligations, and typically signals that these individuals wish to be treated as regular public shareholders — which can also make their share sales easier. For shareholders, this is a governance/fine-tuning event rather than a fundamental business change, with negligible near-term price impact.