Oriental Rail Infrastructure Limited has successfully concluded its postal ballot process with shareholders providing overwhelming support for a special resolution regarding fund utilisation from its Preferential Issue. The company announced the results on May 02, 2026, following the completion of the remote e-voting process on April 30, 2026.

Postal Ballot Results

The special resolution for "Variation in the objects relating to utilisation of funds from Preferential Issue" received exceptional shareholder support with 99.9997% approval. The voting results demonstrate strong confidence from the shareholder base in the company's strategic direction.

Category-wise Voting Breakdown

The detailed voting analysis reveals strong participation across different shareholder categories, with promoters showing complete support for the resolution.

E-Voting Process and Timeline

The postal ballot was conducted entirely through electronic means using NSDL's e-voting platform, ensuring transparency and accessibility for all eligible shareholders.

Key Process Details:

• Cut-off Date: March 27, 2026 - Shareholders holding shares as of this date were eligible to vote
• Voting Period: April 01, 2026 (9:00 AM IST) to April 30, 2026 (5:00 PM IST)
• Total Eligible Shareholders: 33,697 on record date
• Results Declaration: May 02, 2026
• Scrutinizer: Mr. Shiv Hari Jalan (FCS No. 5703, CP No. 4226)

Scrutinizer's Report and Compliance

Mr. Shiv Hari Jalan, Practicing Company Secretary from Shiv Hari Jalan & Co., served as the appointed scrutinizer for the postal ballot process. The votes were downloaded from NSDL's portal on May 02, 2026, at 11:40 AM, witnessed by Mr. Rakesh Hiwalkar and Mr. Swapnil Gamare, who are independent of both the company and NSDL.

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and Regulation 30 and 44(3) of SEBI Listing Regulations. The company had initially sent the postal ballot notice on March 30, 2026, seeking shareholder approval for the fund utilisation variation.

Regulatory Disclosure

Following regulatory requirements, Oriental Rail Infrastructure Limited has uploaded the complete voting results and scrutinizer's report on multiple platforms including the company website at https://www.orientalrail.com/ and NSDL e-voting portal at www.evoting.nsdl.com . The company has also communicated the results to BSE Limited (Scrip Code: 531859).

The successful passage of this resolution with such overwhelming majority reflects strong shareholder confidence in the company's strategic plans for fund utilisation from its Preferential Issue. The resolution is deemed to have been passed on April 30, 2026, being the last date specified for the remote e-voting process.

Oriental rail infrastructure Limited has announced a strategic partnership for participating in a significant railway technology tender. The company's wholly-owned subsidiary Oriental Foundry Private Limited has entered into a Memorandum of Understanding with Hum Industrial Technology, Inc., USA, to jointly bid for the RDSO Smart Wagon tender.

Tender Details and Partnership Structure

The partnership is specifically formed to participate in the tender invited by the Research Designs and Standards Organisation (RDSO), Ministry of Railways, Government of India. The project involves the "Smart Wagon – Bearing & Wheel Health Monitoring Module" with a total requirement of 346 units.

Joint Venture Framework

The MoU has been executed in strict compliance with tender conditions that mandate joint venture bidders to submit a comprehensive understanding. This includes defining the roles of members, identifying the lead partner, outlining the scope of work, establishing authority to represent, and determining the shareholding structure.

Oriental Foundry Private Limited will serve as the lead member, while Hum Industrial Technology, Inc. will function as the non-lead member in this joint venture arrangement. The bid for the tender has been submitted as per the scheduled timeline.

Future Implementation Plans

In the event of successful project award, the parties have agreed to execute the project through a dedicated joint venture company. This new entity will be incorporated in India under the name "Hum Oriental Systems Private Limited" and will be responsible for project implementation and delivery.

Regulatory Compliance and Disclosure

The company has confirmed that this transaction does not fall within related party transactions and maintains no relationship with promoter or promoter group entities. The agreement has been structured at arm's length, ensuring compliance with regulatory requirements.

Oriental Rail Infrastructure Limited has committed to keeping stock exchanges informed of any material developments regarding this tender participation in accordance with applicable regulatory requirements.