Oriental Rail Infrastructure shareholders have approved a variation in the utilization of funds raised through a preferential issue. The special resolution was passed via remote e-voting on September 9, 2026, with overwhelming support from investors.

The voting process concluded on September 9, 2026, at 5:00 pm. The scrutinizer, Mr. Shiv Hari Jalan, submitted the final report confirming that the resolution received the requisite majority under Regulation 44(3) of the SEBI Listing Regulations. The company has uploaded the voting results and the scrutinizer’s report on its website and the National Securities Depository Limited (NSDL) portal.

Voting Results Breakdown

A total of 33,029 shareholders were on record as of August 7, 2026. Out of 67,059,000 total shares held by these shareholders, 40,755,737 votes were polled, representing a participation rate of 60.78%.

Promoters and the promoter group held 38,685,500 shares and cast all their voted shares (36,639,000) in favour of the resolution. Among public non-institutional shareholders, who held 28,242,319 shares, 4,111,619 votes were cast in favour against 5,118 votes against. No institutional public shareholders participated in the vote.

Scrutinizer Report Details

Mr. Shiv Hari Jalan, Proprietor of Shiv Hari Jalan & Co., served as the independent scrutinizer for the postal ballot process. The e-voting facility was provided by NSDL and remained open from August 11, 2026, at 9:00 am until September 9, 2026, at 5:00 pm.

The data download was witnessed by two independent witnesses, Mr. Jata Shankar Vishwakarma and Mr. Swapnil Gamare, who are not employed by the company or NSDL. No invalid votes were recorded during the process.

Oriental Rail Infrastructure shareholders approved all nine resolutions proposed at the company's 35th Annual General Meeting held on September 8, 2026. The meeting was conducted via video conference and other audio-visual means.

The Company Secretary informed members that the requisite quorum was present. Mr. Saleh N. Mithiborwala was appointed as the Chairman of the meeting with the consent of the directors present.

Business Transacted

Members transacted both ordinary and special business items as outlined in the notice convening the AGM.

Ordinary Business

The following ordinary business items were addressed:

• Adoption of the Audited Financial Statements (Standalone and Consolidated) for the financial year ended March 31, 2026, along with the Reports of the Board of Directors and Auditors.
• Declaration of final dividend on Equity Shares for the financial year ended March 31, 2026.
• Re-appointment of Mr. Amitabh Sinha as a Director, who retires by rotation under Section 152(6) of the Companies Act, 2013.

Special Business

Shareholders approved several special business resolutions regarding board composition and corporate governance:

• Ratification of remuneration for the Cost Auditor.
• Re-appointment of Mrs. Sheetal Nagda as an Independent Director for a second term of five consecutive years.
• Appointment of Mr. Tahaa S Mithiborwala as Whole-time Director and approval of his remuneration.
• Appointment of Mr. Saleh N Mithiborwala as Managing Director, continuing his roles as Chairperson and Chief Financial Officer.
• Approval to advance loans, give guarantees, or provide security under Section 185 of the Companies Act, 2013.

Voting Results

Remote e-voting commenced on September 5, 2026, at 9:00 am and concluded on September 7, 2026, at 5:00 pm. Members who had already cast remote votes were ineligible to vote again during the meeting. Those who had not voted were given an additional 15 minutes at the end of the proceedings to cast their votes electronically.

Mr. Shiv Hari Jalan served as the Scrutinizer for both remote e-voting and voting at the AGM. The Company Secretary announced that the consolidated voting results and Scrutinizer’s Report would be submitted to the stock exchanges within 48 hours of the meeting's conclusion.

Participation Breakdown

As on the record date of September 1, 2026, there were 33,331 shareholders. A total of 51 shareholders attended the meeting through video conferencing, comprising 11 from the promoter group and 40 from the public category.

Promoter group shareholders cast votes in favour of 94.7099% of their outstanding shares, with unanimous support across all resolutions except Resolution 7 (remuneration approval for Mr. Tahaa S Mithiborwala), where they also voted unanimously in favour. Public non-institutional shareholders polled 12.7167% of their shares, with 99.9999% voting in favour for most resolutions. Resolution 7 saw 153 votes against from public non-institutions, resulting in a 99.9957% favour rate for that specific item.