Oriental Trimex Limited has released the consolidated voting results and scrutinizer's report for its Extra-Ordinary General Meeting held on March 26, 2026, demonstrating overwhelming shareholder support for all proposed resolutions. The company successfully concluded the EGM with shareholders approving several key resolutions that will strengthen the company's financial flexibility and growth prospects.

Meeting Overview and Participation

The EGM was conducted through video conferencing and other audio-visual means, reflecting modern corporate governance practices. The meeting was chaired by Rajesh Kumar Punia, Managing Director (DIN: 00010289), and proceedings commenced at 12:00 P.M., concluding efficiently at 12:11 P.M.

Comprehensive Voting Results

The consolidated voting results, prepared by scrutinizer Vivek Kumar (M. No. F8976, C.P. No. 10438) of V Kumar and Associates, Company Secretaries, revealed exceptional shareholder consensus across all four special business resolutions.

Key Resolutions Approved

Shareholders approved four critical special business resolutions that will enhance the company's operational and financial capabilities:

Resolution 1: Borrowing Limits Enhancement

Approval for increase in borrowing limits under Section 180(1)(c) of the Companies Act, 2013, received 99.99% shareholder support with 16119369 votes in favor.

Resolution 2: Authorized Share Capital Increase

The resolution for increasing authorized share capital and consequential amendment in Memorandum of Association secured 99.99% approval with 16119229 affirmative votes.

Resolution 3: Foreign Currency Convertible Bonds

Shareholders overwhelmingly supported the proposal to raise funds through Foreign Currency Convertible Bonds (FCCBs) with 16119379 votes (99.99%) in favor.

Resolution 4: Financial Transaction Authorization

The authorization for granting loans, guarantees, securities, and making investments received 99.99% approval with 16119379 supporting votes.

Voting Process and Compliance

The company implemented a comprehensive e-voting system managed by Central Depository Services (India) Limited (CDSL) to ensure maximum shareholder participation. Remote e-voting commenced on March 23, 2026, at 09:00 A.M. and concluded on March 25, 2026, at 5:00 P.M. Additionally, members attending the meeting virtually were provided e-voting facilities during the EGM.

Regulatory Compliance and Communication

The consolidated voting results and scrutinizer's report were formally communicated to both BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results are also available on the company's website and Central Depository Services (India) Limited's website at www.evotingindia.com , ensuring full transparency and regulatory compliance.

Oriental Trimex Limited's board of directors concluded their meeting on February 26, 2026, approving significant corporate decisions including a USD 43 million Foreign Currency Convertible Bonds (FCCB) issuance and substantial capital restructuring measures. The meeting, held from 2:00 PM to 5:00 PM at the company's registered office, addressed multiple strategic initiatives requiring shareholder approval.

FCCB Issuance Approval

The board approved raising funds through FCCB issuance up to USD 43 million on a private placement basis, building upon their February 12, 2026 conceptual approval. The FCCBs will be optionally convertible, allowing bondholders to convert bonds into equity shares subject to terms and applicable laws.

The board authorized the FCCB Committee to finalize detailed terms and conditions while undertaking necessary acts for execution. The issuance remains subject to shareholder and regulatory approvals.

Capital Structure Enhancement

The board approved significant increases in the company's financial capacity through multiple measures. The borrowing limits received approval for expansion from ₹100 crores to ₹1,000 crores under Section 180(1)(c) of the Companies Act, 2013.

The authorized share capital expansion from ₹75 crores to ₹175 crores will require consequential alterations to the Memorandum of Association's Capital Clause.

Investment and Lending Authorization

The board approved proposals for providing loans, guarantees, securities, and investments up to ₹500 crores, exceeding prescribed limits under Section 186 of the Companies Act, 2013. This authorization requires special resolution approval from shareholders.

Extraordinary General Meeting

The board approved convening an Extraordinary General Meeting (EGM) scheduled for March 26, 2026, at 12:00 PM through video conferencing. The meeting will seek shareholder approval for all proposed corporate actions.

Mr. Vivek Kumar, Practicing Company Secretary (Membership No. F8976, COP No.10438), has been appointed as scrutinizer for the EGM proceedings. The notice demonstrates the company's commitment to regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Managing Director Rajesh Kumar Punia (DIN: 00010289) signing the formal communication to BSE Limited and National Stock Exchange of India Limited.