Esaar (India) Ltd shareholders unanimously approved all five resolutions proposed at its 74th Annual General Meeting, held on September 30, 2026. The meeting was conducted through video conferencing and other audio-visual means, resulting in a 100% approval rate across all agenda items.

The scrutinizer’s report, submitted to BSE Limited on October 1, 2026, confirmed that no votes were cast against any resolution. The voting results indicate complete consensus among participating shareholders regarding the company’s financial statements, director re-appointment, and borrowing powers.

Meeting Details and Participation

The AGM commenced at 3:00 pm and concluded at 3:23 pm. A total of 46 shareholders attended the meeting virtually, comprising two from the promoter group and 44 public shareholders. No shareholders attended in person or through proxy.

Voting Results Analysis

All five resolutions received unanimous support from the votes polled. The total number of valid votes cast was 13,482,356, representing 16.77% of the total outstanding shares. Notably, promoter group members cast 10,968,127 votes, while public non-institutional shareholders contributed 2,514,229 votes. There were zero abstentions or invalid votes recorded for any resolution.

What the Numbers Show

The voting data reveals a significant concentration of influence within the promoter group. While promoters hold 35,545,145 shares out of the total 80,407,167 outstanding shares, their participation rate was notably higher than that of the public. Promoters voted approximately 30.86% of their holding, whereas public non-institutional shareholders voted only 5.60% of their holding. This disparity suggests that the outcome was heavily determined by promoter participation, with minimal active engagement from the broader public shareholder base despite the high approval percentage.

Resolutions Approved

The shareholders approved the following items:

• Adoption of audited financial statements for FY26.
• Re-appointment of Bipin Dinesh Varma as Director retiring by rotation.
• Approval to advance loans or provide security under Section 185 of the Companies Act, 2013.
• Authority to give loans, guarantees, or acquire securities of other bodies corporate.
• Increase in borrowing powers of the Board under Section 180(1)(c).

Esaar (India) Ltd has dispatched letters to shareholders providing web-links for its Annual Report and the Notice of the 74th Annual General Meeting. The meeting is scheduled for September 30, 2026.

The corporate action complies with Regulation 30 and Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company notified shareholders whose email addresses are not registered with depositories or the company via physical mail.

Meeting Details

The 74th Annual General Meeting will be held on Wednesday, September 30, 2026, at 3:00 pm through Video Conferencing or Other Audio Visual Means. Shareholders can access the complete Annual Report for FY25-26 and the AGM Notice via the provided web-links.

The cut-off date for email registration was Friday, September 4, 2026. Holders who did not register by this date received the physical letter containing the access links.

Regulatory Compliance

Esaar (India) Ltd reminded shareholders holding physical securities to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. The circular mandates recording PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination choice.

While updating email IDs is optional, the company requested holders to register for online services. Relevant forms including ISR-1, ISR-2, ISR-3, SH-13, and SH-14 are available on the company website or via Purva Sharegistry (India) Private Limited, the Registrar and Share Transfer Agent.