Pro CLB Global Limited has successfully completed its postal ballot process, with shareholders demonstrating overwhelming support for all proposed corporate governance measures. The company disclosed the voting results on 13th April, 2026, following the conclusion of the postal ballot period on 12th April, 2026.

Postal Ballot Overview

The postal ballot process was conducted under the supervision of scrutinizer Rohit Bhatia from Rohit Bhatia & Associates, a practicing Company Secretary with membership number 67220. The voting period commenced on 14th March, 2026 at 9:00 A.M. and concluded on 12th April, 2026 at 5:00 P.M., with Central Depository Services (India) Limited (CDSL) providing the e-voting platform.

Voting Results Summary

The postal ballot witnessed participation from 66 shareholders who cast 432643 votes, representing 8.48% of the company's total paid-up capital of 5103000 equity shares. All five resolutions received identical voting patterns, demonstrating remarkable shareholder consensus.

Resolutions Approved

Shareholders approved all five resolutions with identical voting results:

Resolution 1 (Ordinary): Regularisation of Mr. Het Kalpeshkumar Shah (DIN: 11460553) as Non-Executive Director

Resolution 2 (Special): Regularisation of Ms. Khushi Rajendra Bhatt (DIN: 06942484) as Independent Director

Resolution 3 (Special): Regularisation of Mr. Hemant Shantilal Mehta (DIN: 05303980) as Independent Director

Resolution 4 (Special): Regularisation of Mr. Kalpesh Hasmukhbhai Vadodariya (DIN: 11526443) as Independent Director

Resolution 5 (Ordinary): Appointment of M/s. Shweta Jain & Co LLP (FRN: 127673W/W101149) as Statutory Auditors

Corporate Governance Strengthening

The approval of these resolutions significantly strengthens Pro CLB Global Limited's board composition and governance framework. The regularization of three independent directors enhances board independence, while the appointment of new statutory auditors ensures continued compliance with regulatory requirements. The unanimous nature of shareholder support across all resolutions reflects strong confidence in the company's strategic direction and leadership choices.

The scrutinizer's report confirmed that all resolutions were passed with the requisite majority, with no invalid votes recorded during the process. The company has fulfilled its disclosure obligations under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pro CLB Global Limited has executed a strategic Memorandum of Understanding (MOU) with Sevenglow Lights Limited for equity participation and investment. The disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on April 6, 2026.

BSE Query Response on Disclosure Delay

Following the MOU announcement, Pro CLB Global submitted a formal response to BSE Limited on April 7, 2026, addressing queries regarding delayed disclosure under Regulation 30. The company acknowledged an inadvertent delay in making the disclosure within the prescribed 24-hour timeline.

The company clarified that the delay occurred due to internal administrative processes, including time taken for receipt of the duly executed MOU and subsequent internal evaluation to ascertain materiality and completeness of information required for disclosure.

Investment Structure and Shareholding

The MOU outlines a phased investment approach with specific shareholding targets and expansion provisions.

The investment will be undertaken through preferential allotment, rights issue, subscription to equity shares, or convertible instruments. Pro CLB may raise funds through equity issuance, debt financing, or hybrid instruments, all subject to compliance with applicable regulations.

Board Representation and Control Rights

The agreement establishes clear governance structures based on shareholding levels.

Certain reserved matters will require Pro CLB's prior consent, including issue of further securities, borrowings beyond limits, related party transactions, change in business model, disposal of substantial assets, and appointment or removal of key managerial personnel.

Compliance Commitment and Future Measures

Pro CLB Global emphasized that there was no intent to withhold material information from the Exchange or investors. The company stated that disclosure was made promptly upon completion of internal processes and receipt of all requisite details to ensure accurate and complete dissemination of information. The company has strengthened its internal processes and compliance mechanisms to prevent future delays in regulatory disclosures.