Epuja Spiritech approved an employee stock option scheme and fixed September 30, 2026, as the date for its 47th annual general meeting at a board meeting held on September 7, 2026. The company also appointed a scrutinizer for the upcoming shareholder vote.

The Board of Directors considered matters including the grant of employee stock options equal to or more than 1% of the issued capital under the Epuja Spiritech Employee Stock Option Scheme 2026. This proposal is subject to shareholder approval.

Annual General Meeting Details

The company fixed September 30, 2026, as the date for its 47th AGM. The meeting will be held at 4:00 pm through video conferencing or other audio-visual means. Shareholders must hold shares as of the cut-off date of Tuesday, September 22, 2026, to be eligible to vote.

Remote e-voting will run from September 27, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The book closure period spans from September 23, 2026, to September 30, 2026, inclusive.

Governance Appointments

Ms. Megha Samdani, proprietor of M/s M K Samdani & Co., was appointed as the scrutinizer for the 47th AGM. The Board also approved the Director’s Report for the financial year ended March 31, 2026.

The notice for the AGM and the annual report will be submitted to stock exchanges in due course. The board meeting commenced at 6:30 pm and concluded at 7:00 pm.

Epuja Spiritech shareholders approved three resolutions via postal ballot on August 29, 2026, including a ₹100 crore limit for intercorporate loans and an increase in authorised share capital. The voting process was conducted through remote e-voting facilitated by Central Depository Services Limited (India) Limited.

The Board of Directors had proposed these measures at its meeting on July 29, 2026, seeking member consent under Section 110 and Section 108 of the Companies Act, 2013. The resolutions required special approval for the loan limits and Memorandum of Association (MoA) changes, while the capital increase needed ordinary resolution status.

Voting Results Overview

Shareholders holding 113,081,887 equity shares were eligible to vote as of the record date, July 24, 2026. A total of 40,404,750 votes were polled, representing a 35.73% participation rate. The promoter group held 9,075,000 shares, while public non-institutional investors held 104,006,887 shares.

All three resolutions received overwhelming support, with over 99.99% of polled votes cast in favour for the latter two items. No promoter or promoter group members declared any interest in the agenda items.

Key Resolutions Approved

The first special resolution approved the enhancement of overall limits for intercorporate loans, guarantees, securities, and investments to ₹100 crore pursuant to Section 186 of the Companies Act, 2013. This provides the company with greater flexibility in managing its corporate finance activities and strategic investments.

The second special resolution authorised additions to the object clause of the Memorandum of Association. Specifically, it added new objects in Sub-Clause (A) of Clause 3 of the Main Object, with consequential alterations to Clause V of the MoA. This amendment aligns the company’s legal framework with its evolving business operations.

The third ordinary resolution approved an increase in the company’s authorised share capital, accompanied by necessary alterations to the capital clause of the MoA. This structural change enables future equity fundraising without requiring additional shareholder approvals for each instance.

What the Numbers Show

The voting data reveals a stark contrast in engagement between promoter and public shareholders. Promoter group participation stood at 99.17%, with all 9,000,000 polled votes cast unanimously in favour across all resolutions. In contrast, public non-institutional shareholder participation was 30.19%, though support remained near-universal with only 15 votes against the loan limit and 65 against the other two resolutions out of more than 31 million polled votes. This divergence suggests strong promoter alignment with the board’s strategy, while retail and institutional public investors showed lower turnout but minimal dissent where they did participate.