Aequs Limited has officially declared the voting results of its postal ballot conducted through remote e-voting under Regulation 44 of SEBI Listing Regulations. The company announced that all seven proposed resolutions have been passed with requisite majority, including the ratification of Employee Stock Option Plan 2025 and other corporate governance matters.

Official Declaration and Regulatory Compliance

The company submitted its declaration to stock exchanges on March 30, 2026, following the completion of postal ballot voting that concluded on March 27, 2026. The process was conducted in accordance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations.

Resolution-wise Voting Results

All seven resolutions were successfully passed with overwhelming shareholder support. The detailed voting results demonstrate strong confidence in the company's strategic initiatives:

ESOP 2025 Related Resolutions (Resolutions 1-4)

Corporate Governance Resolutions (Resolutions 5-7)

Shareholder Participation Analysis

The postal ballot witnessed significant participation across different shareholder categories:

Promoter and Promoter Group:

• Held 396207820 shares representing the largest shareholding block
• Participated 100% in resolutions 1-6
• Did not participate in resolution 7 due to interest in the related party transaction

Public-Institutions:

• Held 215171614 shares with consistent 87.01% participation
• Demonstrated strong support with 100% approval for resolutions 5-7
• Showed varied support levels for ESOP-related resolutions ranging from 92.65% to 95.06%

Public-Non Institutions:

• Held 59286201 shares with participation ranging from 0.76% to 2.55%
• Consistently showed over 99% approval rates across all resolutions

Scrutinizer's Report and Process Validation

Mr. Pramod SM of BMP & Co. LLP, the appointed scrutinizer, confirmed that the postal ballot process was conducted in full compliance with regulatory requirements. The scrutinizer's report validated that all procedural requirements under the Companies Act, 2013, and SEBI regulations were met during the voting process.

The remote e-voting was facilitated by KFin Technologies Limited, and all votes cast up to 5:00 PM on March 27, 2026, were considered for the final tally. The voting results and scrutinizer's report have been made available on the company's website at www.aequs.com/investor .

Employee Stock Option Plan 2025 Implementation

The successful passage of ESOP 2025 related resolutions enables the company to implement its comprehensive employee incentive program. The plan includes provisions for extending benefits to employees of holding and subsidiary companies, secondary acquisition of shares through trust route, and company funding for share purchases by the Aequs Stock Option Plan Trust.

The strong shareholder approval, with support rates ranging from 97.65% to 98.42% for ESOP-related matters, reflects confidence in the company's human resource strategy and long-term growth prospects. This approval strengthens Aequs Limited's ability to attract and retain talent through equity participation programs.

Aequs Limited has announced a further investment of ₹35.00 crore in its wholly owned subsidiary Aequs Consumer Products Private Limited (ACPPL) through a rights issue. The investment was made on March 30, 2026, as part of the company's strategic capital allocation plan.

Investment Details

The investment structure involved the allotment of equity shares to strengthen ACPPL's financial position:

The transaction was conducted through cash consideration, with ACPPL maintaining its status as a wholly owned subsidiary of Aequs Limited.

Subsidiary Performance Overview

ACPPL, incorporated on October 25, 2019, operates in the manufacturing of consumer products including electronic/digital devices/electrical components and parts. The subsidiary's recent financial performance shows:

As of March 31, 2025, ACPPL reported a turnover of ₹15.81 crore, loss after tax of ₹12.53 crore, and networth of ₹242.12 crore.

Strategic Purpose and IPO Proceeds Utilization

This investment represents part of the utilization of IPO proceeds as specified in Aequs Limited's prospectus dated December 5, 2025. The funds will be utilized to meet ACPPL's working capital and other business/operational requirements, supporting the subsidiary's manufacturing operations in the consumer products sector.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI Listing Regulations, 2015. Since ACPPL is a wholly owned subsidiary, the transaction falls under the provisions of Regulation 23(5) and does not require related party transaction approvals. No governmental or regulatory approvals were required for this investment.

The investment strengthens ACPPL's operational capabilities while maintaining Aequs Limited's complete ownership and control over the subsidiary's strategic direction in the consumer products manufacturing segment.