Containe Technologies Limited has secured shareholder approval to increase its authorised share capital and amend its Memorandum of Association following a postal ballot process concluded on June 5, 2026. The resolutions, which also sought to rescind a previous resolution passed on August 22, 2025, regarding the capital increase, received overwhelming support with 99.59% of valid votes cast in favour. This approval allows the company to proceed with altering its capital structure to support its strategic objectives.

The postal ballot was conducted through remote e-voting in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The record date for determining eligibility was set as May 1, 2026. A total of 462 shareholders were eligible to vote, with 37,00,950 votes polled, representing 52.92% of the total outstanding shares. The scrutinizer, Rashida Hatim Adenwala of R & A Associates, verified the voting process and confirmed the results.

Voting Results Summary

The two ordinary resolutions put to vote were identical in their outcome, with the promoter group voting entirely in favour via postal ballot. Public non-institutional shareholders showed a split, with 37.5% voting in favour and 62.5% voting against. However, the high participation from the promoter group ensured the resolutions passed with the requisite majority.

Key Resolutions

The first resolution sought approval to rescind the resolution passed by members on August 22, 2025, regarding the increase of authorised share capital. The second resolution sought approval for the increase in authorised share capital and the consequent amendment to the Memorandum of Association. Both resolutions were classified as ordinary resolutions and required a simple majority to pass.

The remote e-voting period commenced on May 6, 2026, and concluded on June 5, 2026. The company secretary, Nikitha Sardar, submitted the voting results and scrutinizer report to the BSE Limited on June 8, 2026. The results have been made available on the company's website.

containe technologies has appointed Mr. Venkateswara Rao Eluru as a Senior Management Personnel effective June 3, 2026. The Board of Directors approved the appointment based on the recommendation of the Nomination and Remuneration Committee. This strategic move aims to strengthen the company's production and operational oversight.

The appointment was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was submitted to BSE Limited, providing details regarding the new role and the profile of the appointee as per SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Mr. Venkateswara Rao Eluru brings extensive experience in production management to the role. He is responsible for overseeing the end-to-end production, assembly, testing, and quality assurance of Vehicle Location Tracking Devices (VLTDs). His responsibilities include production planning, process optimization, and resource management.

Role and Responsibilities

Eluru's role ensures compliance with applicable industry standards and regulatory requirements. He is tasked with ensuring product quality and timely delivery while driving the continuous improvement of manufacturing operations. Additionally, he will lead production teams and coordinate with engineering, quality, and supply chain functions to achieve organizational objectives.

The following table summarizes the key details of the appointment: