BlackBuck Limited concluded its 11th Annual General Meeting on September 18, 2026. Shareholders approved all six resolutions, including audited financials for FY26 and the implementation of employee stock option schemes.

The meeting was held via video conferencing from 11:30 am to 12:10 pm. Remote e-voting ran from September 15, 2026, at 9:00 am to September 17, 2026, at 5:00 pm. A total of 47 members attended the meeting, representing 46.24 million shares, which is 25.38% of the company's capital. The cut-off date for determining voting rights was September 11, 2026.

Key Resolutions Approved

The members passed several ordinary and special resolutions during the proceedings:

• Adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026.
• Reappointment of Mr. Anand Daniel as a Non-Executive Nominee Director.
• Approval of charges for service of documents.
• Re-classification of authorised share capital and consequent alteration to the Memorandum of Association.
• Implementation of the BlackBuck Limited Employee Stock Option Scheme 2016 and 2019 through a trust route.
• Provision of money by the company to acquire its own shares by trust under the aforementioned ESOP schemes.

Voting Results

All resolutions were passed with the requisite majority. The promoter group voted in favour of all resolutions. Public institutional investors showed significant support for most items, though they voted against the reappointment of Mr. Anand Daniel by 14.55% of their polled votes. The resolution still passed overall due to strong promoter support.

Meeting Details

Mr. Barun Pandey, Company Secretary and Compliance Officer, introduced the directors, key managerial personnel, statutory auditor, secretarial auditor, and scrutinizer. He noted that no qualifications or major observations were present in the Independent Auditors' Report or the Secretarial Audit Report.

Mr. Pramod S served as the Scrutinizer for the e-voting process. InstaPoll e-voting was conducted during the meeting. The Chairman thanked the attendees before concluding the session.

Accel India IV (Mauritius) Limited disposed of 2,700,000 equity shares in Blackbuck Limited through an open market transaction on September 11, 2026. The sale represents a 1.48% reduction in the Mauritius-based investor’s total holding.

The disposal brings Accel India IV’s stake in the logistics technology firm down from 7.17% to 5.69%. The seller held 13,068,097 shares prior to the transaction and retains 10,368,097 shares post-sale. No encumbrances, pledges, or convertible instruments were involved in the transfer.

What the Numbers Show

The reduction in stake is purely arithmetic, with no change to the company’s total equity capital. The total voting capital of Blackbuck Limited remains at 182,138,576 equity shares, as per the shareholding pattern for the quarter ended June 30, 2026. The transaction does not alter the diluted share capital structure, as no warrants or convertible securities were exercised or sold alongside the equity shares.

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing was signed by Aslam Koomar, Director of Accel India IV (Mauritius) Limited, on September 11, 2026.