Cochin Minerals & Rutile Ltd has secured shareholder approval to appoint Mr. Rajesh Jacob as Nominee Director and to allow Mr. Mundanical Mathew Cherian to continue as Non-Executive Non-Independent Director past the age of 75. The resolutions were passed with a requisite majority during a remote e-voting process that concluded on July 10, 2026.

Voting Results

The postal ballot sought approval for two key agenda items. The first resolution, an ordinary resolution for the appointment of Mr. Rajesh Jacob (DIN: 06443594), received overwhelming support. The second resolution, a special resolution for the continuation of Mr. Mundanical Mathew Cherian (DIN: 01265695), was also approved by shareholders.

The detailed voting outcomes for both resolutions are summarized below:

Procedural Details

The remote e-voting facility was available from June 11, 2026, until July 10, 2026. The process was scrutinized by Puzhankara Sivakumar of SEP & Associates, Company Secretaries, who confirmed the results in a report dated July 13, 2026. The voting results were submitted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company disclosed that the promoter and promoter group participated in the e-voting, casting 22,92,241 votes in favour of the appointment of Mr. Rajesh Jacob and 12,42,241 votes in favour of the continuation of Mr. Mundanical Mathew Cherian. Public non-institutions also participated, with 1,76,493 votes in favour and 156 votes against the first resolution, and 1,76,251 votes in favour and 398 votes against the second resolution.

Cochin Minerals and Rutile Limited has scheduled a postal ballot to seek shareholder approval for the appointment of Mr. Rajesh Jacob as Nominee Director and the continuation of Mr. Mundanical Mathew Cherian as Non-Executive Non-Independent Director. The remote e-voting process will be open from Thursday, June 11, 2026, at 9.00 a.m. to Friday, July 10, 2026, at 5.00 p.m. Shareholders whose names appear in the Register of Members as on Friday, June 05, 2026, are eligible to vote.

Appointment of Nominee Director

The Board of Directors appointed Mr. Rajesh Jacob (DIN: 06443594) as Nominee Director representing Kerala State Industrial Development Corporation Limited (KSIDC) with effect from May 28, 2026. Pursuant to SEBI Listing Regulations, shareholder approval is required for this appointment within three months. Mr. Jacob is a Cost Management Accountant with over 25 years of experience at KSIDC, handling portfolios such as Project Finance and Recovery.

Continuation of Director

Mr. Mundanical Mathew Cherian (DIN: 01265695), a promoter of the company, will attain the age of 75 years on September 07, 2026. Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, mandates a special resolution for the continuation of a non-executive director above this age. The Board recommends his continuation based on his expertise in international trade and corporate governance.

E-Voting Details

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process. Shareholders can cast their votes through the CDSL or NSDL e-voting systems or via their Depository Participants. The Scrutinizer for the postal ballot process is Mr. P Sivakumar, FCS, Managing Partner of SEP & Associates.

The results of the postal ballot will be declared on the company's website and communicated to the stock exchanges following the conclusion of the voting period.