EMS Limited has resubmitted the Scrutinizer's Report for its 1st Extraordinary General Meeting (EGM) held on March 23, 2026, after inadvertently filing an unsigned version. The company confirmed that there are no changes to the voting results, with both key resolutions receiving overwhelming shareholder approval for QIP fundraising and MOA amendment initiatives.

Documentation Correction and Resubmission

On March 26, 2026, EMS Limited informed BSE Limited and National Stock Exchange of India Limited about the resubmission of the Scrutinizer's Report. The original filing on March 24, 2026 contained an incorrect version that was not countersigned by the authorized signatory.

The corrected Scrutinizer's Report, properly countersigned by Managing Director & CFO Ashish Tomar, has been made available on the company's website at www.ems.co.in and submitted to both stock exchanges for regulatory compliance.

EGM Overview and Participation

The EGM was conducted through Video Conferencing (VC) and Other Audio-Visual Means (OAVM) from 03:26 P.M. to 04:10 P.M. on March 23, 2026. The meeting witnessed substantial shareholder participation with comprehensive attendance from the company's leadership team.

The meeting was presided over by Mr. Ramveer Singh, Chairman and Promoter Shareholder, with proceedings handed over to Mr. Ashish Tomar, Managing Director and CFO. Mr. Debabrata Deb Nath from R&D Company Secretaries served as the appointed Scrutinizer.

Voting Results and Outcomes

The e-voting process was conducted from March 20, 2026 at 9:00 A.M. to March 22, 2026 at 5:00 P.M., with additional voting facility available during the EGM. Both resolutions achieved the requisite majority with strong shareholder support.

QIP Fundraising Resolution Performance

The special resolution for raising funds up to ₹300 crore through Qualified Institutional Placement received overwhelming support across all shareholder categories, demonstrating strong confidence in the company's growth strategy.

MOA Amendment Resolution Results

The ordinary resolution for amending the capital clause of the Memorandum of Association achieved near-unanimous approval, reflecting strong shareholder alignment with the proposed structural changes.

Regulatory Compliance and Final Documentation

The corrected voting results and consolidated Scrutinizer's Report dated March 24, 2026, have been properly submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44 of SEBI LODR Regulations. The complete documentation is available on the company's website, ensuring transparency and regulatory adherence throughout the process.

EMS Limited has disclosed the release of pledged shares by its promoter following loan repayment, marking a significant reduction in encumbered shareholding. The company made this announcement on March 17, 2026, in compliance with regulatory requirements under SEBI takeover regulations.

Pledge Release Details

Mr. Ramveer Singh, promoter of EMS Limited, released 10.80 lakh pledged shares after completing the repayment of a Rs 10.00 crores loan to Cholamandalam Investment and Finance Company Limited. This transaction represents a strategic financial move that reduces the promoter's encumbered shareholding in the company.

Shareholding Impact

The pledge release has resulted in a notable change in the promoter's encumbered shareholding structure. Singh's total promoter holding remains substantial at 3.76 crores shares, representing 67.85% of the company's total share capital.

Regulatory Compliance

The disclosure was made in accordance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011. The company also referenced relevant SEBI circulars dated March 07, 2022, and August 07, 2019, demonstrating adherence to updated regulatory guidelines.

EMS Limited, formerly known as EMS Infracon Pvt Ltd, is listed on both BSE Limited and National Stock Exchange of India Limited. The company's shares trade under scrip code 543983 on BSE and symbol EMSLIMITED on NSE.

Corporate Governance

The pledge release reflects positive corporate governance practices and the promoter's commitment to reducing encumbrance on shareholding. The transaction was formally documented and disclosed to both stock exchanges where the company's shares are listed, ensuring transparency for all stakeholders.

Ashish Tomar, Managing Director and CFO of EMS Limited, signed the disclosure document, confirming the company's compliance with regulatory requirements and maintaining proper corporate governance standards.