Capillary Technologies India Limited has successfully completed its postal ballot process for extending Employee Stock Option Scheme-2021 (ESOP 2021) benefits to subsidiary employees, receiving overwhelming shareholder support with 86.48% votes in favor. The special resolution was approved on March 12, 2026, following a comprehensive remote e-voting process conducted in strict compliance with regulatory requirements.

Detailed Voting Results and Participation

The postal ballot demonstrated strong participation across shareholder categories, with 70.95% of total shares participating in the voting process. The company's scrutinizer, BMP & Co. LLP, oversaw the transparent e-voting mechanism:

Resolution Scope and Implementation

The approved special resolution specifically addresses the ratification of extending benefits under the Capillary Employees Stock Option Scheme-2021 to employees of subsidiary companies, whether located in India or overseas. This expansion demonstrates the company's commitment to providing comprehensive employee incentives across its global operations.

Regulatory Compliance Framework

The postal ballot process adhered to stringent regulatory requirements under multiple frameworks. The company ensured compliance with Section 108 and Section 110 of the Companies Act, 2013, along with relevant SEBI regulations:

Scrutinizer's Report and Transparency

CS Biswajit Ghosh of BMP & Co. LLP, appointed as the scrutinizer, confirmed the resolution passed with requisite majority. The scrutinizer's report, dated March 13, 2026, was submitted pursuant to Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management and Administration) Rules, 2014. The voting data was downloaded from NSDL's e-voting portal at 5:30 PM on March 12, 2026, in the presence of two witnesses.

Communication and Accessibility

The postal ballot notice was distributed electronically to eligible shareholders on February 10, 2026, ensuring wide accessibility through multiple platforms including the company website, stock exchange websites (BSE and NSE), and the NSDL e-voting portal. The company maintained transparency by making voting results and the scrutinizer's report available on its investor relations website at capillarytech.com/investors/shareholder-information/corporate-announcements/.

With the resolution's approval, Capillary Technologies can now proceed with implementing the extended ESOP benefits for subsidiary employees, reflecting strong shareholder confidence in the company's employee retention and motivation strategies across its global operations.

Capillary Technologies India Limited has completed the allotment of 95,530 equity shares under its Employee Stock Option Scheme 2021 (ESOP Plan 2021) on March 12, 2026. The allotment was approved by the company's Nomination and Remuneration Committee through a circular resolution on the same date.

Share Allotment Details

The allotment represents the exercise of vested options granted under the ESOP Plan 2021, with employees exercising their stock options at the prescribed terms. The shares were issued following compliance with regulatory requirements under the Securities and Exchange Board of India regulations.

Impact on Share Capital

Following this allotment, Capillary Technologies' equity structure has been updated with significant changes to the overall shareholding pattern. The company's total issued shares have increased substantially from the previous count.

Regulatory Compliance

The allotment was conducted in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company filed the required statement under Regulation 10(b) with both stock exchanges on January 08, 2026, receiving filing numbers 52926 from NSE and 256643 from BSE.

Share Characteristics

The newly allotted shares carry identical rights and privileges as the existing equity shares of the company. There are no lock-in restrictions applicable to these shares, and they rank pari passu with the current shareholding. The shares are fully paid-up and will be available for trading on both the National Stock Exchange of India Limited and BSE Limited where the company's shares are listed.

The ESOP allotment reflects the company's commitment to employee participation in ownership and aligns with standard corporate practices for employee retention and motivation through equity participation schemes.