Popees Baby Care India Limited shareholders approved all four resolutions proposed at its 38th Annual General Meeting (AGM), held on September 30, 2026. The meeting was conducted via Video Conferencing and Other Audio-Visual Means.

The voting results, disclosed under Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, indicate unanimous support for all agenda items. No votes were cast against any resolution. The company reported that 26 shareholders attended the meeting through video conferencing, comprising two promoters and 24 public shareholders.

Resolutions on financials and governance

The first resolution involved adopting the audited financial statements for the fiscal year ended March 31, 2026, along with the Board of Directors and Auditors' reports. This ordinary resolution received 100% support from votes polled. The second resolution concerned the re-appointment of Linta Purayidathil Jose as a Director retiring by rotation. This item also passed with 100% in favor.

The third and fourth resolutions addressed statutory auditor appointments. The third resolution filled a casual vacancy arising from the resignation of the previous Statutory Auditor. The fourth resolution appointed M/s. Manikandan & Associates, Chartered Accountants, as the new Statutory Auditors for a term of five consecutive years. Both appointments were approved unanimously by the voting shareholders.

Voting participation details

The total number of shareholders on record was 191. Out of these, 26 participated in the meeting via video conferencing. The promoter group held 5,402,410 shares, while public non-institutional shareholders held 11,900 shares. Institutional holdings were nil.

What the Numbers Show

A notable divergence exists between the total shares held by promoters (5,402,410) and the number of votes actually polled by them across different resolutions. For the financial statement adoption and auditor appointments, promoters polled 3,902,410 votes, representing approximately 72.23% of their holding. However, for the re-appointment of Director Linta Purayidathil Jose, promoter votes dropped to 3,042,080, or roughly 56.31% of their holding. This suggests that a portion of the promoter group either abstained or did not vote on the specific director re-election, despite voting on other routine matters. Public non-institutional shareholders consistently voted 11,900 shares in favor across all items.

Popees Baby Care India Limited has postponed its Board of Directors meeting originally scheduled for September 22, 2026. The meeting, which was set to deliberate on a proposal to raise funds through a preferential issue of securities, will now take place on October 8, 2026.

The company informed the Bombay Stock Exchange (BSE) that the Board meeting commenced at 9:00 am and concluded at 9:16 am without addressing the agenda items related to the capital raise. The short duration indicates that the primary business was not transacted during this session.

Agenda and Postponement Details

The original agenda included considering and approving the issuance of securities on a preferential basis or through private placement. This capital raise is intended to be executed pursuant to a Share Swap Arrangement for consideration other than cash. The proposal remains subject to applicable statutory and regulatory approvals.

The Board will now consider the following matters at the rescheduled meeting:

• Approval of the proposal for raising funds via securities issuance on a preferential basis/private placement.
• Consideration of terms and conditions associated with the Share Swap Arrangement.
• Other incidental and ancillary matters as decided by the Board with the permission of the Chairperson.

Regulatory Compliance and Next Steps

The intimation was made in accordance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it would make necessary disclosures regarding the outcome of the said Board Meeting once held. The Managing Director, Shaju Thomas, signed the communication digitally on September 22, 2026.