Ceenik Exports (India) Ltd announced that its shareholders have approved four resolutions through a postal ballot conducted via remote e-voting on July 2, 2026. The voting process, which sought approval for alterations to the company's Memorandum of Association and the regularization of a director's appointment, concluded with all resolutions securing the requisite majority. The record date for determining shareholder eligibility was May 29, 2026, with a total of 3,241 shareholders listed on the records.

The postal ballot notice, dated June 2, 2026, was issued in compliance with Regulation 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting facility was provided by NSDL, and the process remained open from June 3, 2026, to July 2, 2026. The scrutinizer's report, submitted by CS Dilip Kumar Swarnkar of Dilip Swarnkar & Associates, confirmed the results based on the data generated by NSDL.

The first resolution, a special resolution for the alteration of the main object clause of the Memorandum of Association, received 99.99% of the valid votes cast. A total of 2,668,667 votes were polled in favour, while 72 votes were cast against. The second resolution, an ordinary resolution to regularize the appointment of Mr. Nitin Hingorani (DIN: 07129497) as a director, was also passed with 99.99% approval, garnering 2,653,337 votes in favour and 72 against.

Shareholders also voted on two resolutions concerning related party transactions. The third resolution sought the ratification of related party transactions with M/s Niktin Properties & Estate Pvt Ltd for F.Y. 2025-26. This resolution received 97.92% approval, with 76,226 votes in favour and 1,616 against. Promoter votes totaling 2,590,897 were categorized as invalid for this resolution. The fourth resolution, for the approval of related party transactions, was passed with 97.90% of the valid votes in favour, amounting to 76,206 votes against 1,636 opposing votes. Similar to the third resolution, promoter votes amounting to 2,590,897 were marked as invalid.

The detailed voting results for the four resolutions are summarized below:

Ceenik Exports (India) Limited has commenced the remote e-voting process for its postal ballot notice seeking member approval. The voting period opened on June 3, 2026, and will conclude on July 2, 2026, allowing shareholders to vote on resolutions related to related party transactions for the financial years 2025-26 and 2026-27.

Postal Ballot Process

The company has engaged NSDL to facilitate the remote e-voting process. Members holding shares in physical or electronic form as on the Cut-Off Date of May 29, 2026, are eligible to participate. The voting rights of members are proportionate to their share of the paid-up equity share capital as on the Cut-Off Date. M/s. Dilip Sarmar & Associates, Company Secretaries, has been appointed as the Scrutinizer to ensure the process is conducted fairly and transparently.

Publication and Availability

The postal ballot notice and advertisement copies were published in the English newspaper Active Times and the vernacular newspaper Mumbai Lakshadeep on June 3, 2026. The notice is available on the company's website, the NSDL e-voting system, and the BSE Limited website. The Scrutinizer will submit a report to the Chairman after the voting concludes, with results to be uploaded on the BSE and company websites no later than two working days after the closure of e-voting.

Board Approvals

During a board meeting on June 2, 2026, the directors ratified related party transactions with M/s. Niktin Properties And Estates Private Limited for FY 2025-26 and approved transactions for the upcoming FY 2026-27. The meeting also approved the draft postal ballot notice.