Capacit'e Infraprojects Limited has successfully completed the electronic dispatch of its postal ballot notice and published newspaper advertisements confirming the distribution process for shareholder approval of significant corporate actions worth ₹600.00 crore. The company issued intimation letter CIL/SE/2025-26/77 dated March 28, 2026, to stock exchanges confirming completion of the postal ballot notice dispatch on March 27, 2026.

Postal Ballot Publication Confirmation

The company has fulfilled regulatory requirements under Regulation 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by publishing newspaper advertisements on March 28, 2026. The advertisements appeared in leading publications to inform shareholders about the electronic dispatch completion.

Shareholder Approval Sought

The postal ballot notice seeks member approval for two critical resolutions that will shape the company's operational and governance structure. These resolutions require shareholder consent through the remote e-voting process exclusively.

Key Resolutions

Related Party Transaction Framework

The primary resolution addresses continuing related party transactions with TPL-CIL Construction LLP, where the company holds 35% partnership interest. These transactions relate to the ongoing BDD Chawls redevelopment project at Worli, Mumbai, awarded by Maharashtra Housing and Area Development Authority (MHADA).

Transaction Breakdown

E-voting Process Details

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities to shareholders. The voting process follows strict regulatory guidelines with defined timelines and procedures.

Voting Schedule

Independent Director Appointment

The special resolution proposes appointing Mr. Chilakamarri Lakshmi Narasimha Charyulu as Independent Director. The 60-year-old banking veteran brings over 34 years of experience from State Bank of India, with expertise in corporate credit and risk assessment.

Director Credentials

Regulatory Compliance and Transparency

The postal ballot process demonstrates the company's commitment to regulatory compliance and corporate governance standards. All procedures follow Section 110 of the Companies Act, 2013, and SEBI listing regulations, ensuring transparent shareholder participation.

The complete postal ballot notice remains available on the company's website ( www.capacite.in ), stock exchange platforms, and NSDL's e-voting portal for shareholder reference and participation in the democratic decision-making process.

Capacit'e Infraprojects Limited has successfully concluded its postal ballot process, securing overwhelming shareholder approval for a material related party transaction with 99.63% votes in favour.

Postal Ballot Resolution Details

The company sought approval through an ordinary resolution for a material related party transaction between CIL MMEPL Ekatha Private Limited, a subsidiary of the company, and Mohan Mutha Export Private Limited, a related party of the subsidiary. The postal ballot notice was dated February 11, 2026, with the record date set as February 06, 2026.

Voting Results and Participation

The remote e-voting process was conducted exclusively through NSDL's platform from February 13, 2026, at 9:00 a.m. IST to March 14, 2026, at 5:00 p.m. IST. The voting results demonstrated strong shareholder support:

Shareholder Category Breakdown

The voting pattern across different shareholder categories revealed varied participation levels:

Notably, promoter votes were not considered in the voting process as per Regulation 23 of the SEBI Listing Regulations, given their interest in the resolution.

Scrutinizer Certification and Report

CS Shreyans Jain of Shreyans Jain & Co. (FCS 8519) served as the scrutinizer for the postal ballot process and submitted the scrutinizer report dated March 16, 2026. The scrutinizer confirmed that all procedural requirements under the Companies Act, 2013, and SEBI regulations were duly followed. The votes were unblocked in the presence of two independent witnesses, Mr. Krish Shah and Mr. Ajit Tibrewal.

Regulatory Compliance and Communication

The company maintained full compliance with regulatory requirements, including publication of public notices in Financial Express (English) and Tarun Bharat (Marathi) on February 13, 2026. The postal ballot was conducted entirely through electronic means in accordance with MCA circulars, with no physical ballot forms dispatched to shareholders. Company Secretary Rahul Kapur (ACS 52093) communicated the results to BSE Limited and National Stock Exchange of India Limited on March 17, 2026, pursuant to Regulation 44 of SEBI Listing Regulations. The voting results and scrutinizer report are available on the company's website and NSDL's e-voting platform for shareholder reference.