EMS Limited successfully conducted its 1st Extraordinary General Meeting (EGM) for the financial year 2025-26 on March 23, 2026, and has now announced the voting results with both key resolutions receiving overwhelming shareholder approval. The meeting addressed critical corporate actions including fundraising initiatives and capital structure amendments, with detailed voting outcomes released on March 24, 2026.

Meeting Overview and Participation

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

The meeting was presided over by Mr. Ramveer Singh, Chairman and Promoter Shareholder, with proceedings subsequently handed over to Mr. Ashish Tomar, Managing Director and CFO. All seven directors participated, including four independent directors and key management personnel.

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. Mr. Debabrata Deb Nath, Practicing Company Secretary from R&D Company Secretaries, served as the appointed Scrutinizer.

QIP Fundraising Resolution Performance

The first resolution for raising funds up to ₹300 crore through Qualified Institutional Placement received strong support across all shareholder categories. The voting pattern demonstrated clear confidence in the company's growth strategy.

MOA Amendment Resolution Results

The second 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 Documentation

The voting results and consolidated Scrutinizer's Report dated March 24, 2026, have been 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 at www.ems.co.in , 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.