Disclosure of the Outcome of the Postal Ballot and the Scrutinizer''s Report.
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VTM Limited announced the results of its postal ballot conducted via remote e-voting between August 11 and September 10, 2025. Two resolutions were put to shareholders: (1) adoption of a new set of Articles of Association under the Companies Act, 2013 (special resolution), and (2) approval of the appointment of the Secretarial Auditor (ordinary resolution). Both resolutions were passed with the requisite majority. Out of 10.05 crore total outstanding shares, 7.55 crore shares (75.07%) were voted. The promoter group, holding 7.54 crore shares (75% of the company), voted 100% in favour of both resolutions, while public shareholders cast 73,368 votes, almost entirely in favour.
Routine corporate housekeeping – the new Articles of Association align the company's governance framework with the Companies Act, 2013, and the Secretarial Auditor appointment ensures compliance. No material impact expected on stock price; these are standard regulatory items that were overwhelmingly approved by shareholders, with promoter backing providing high certainty of passage.