Rubicon Research Limited has allotted 3,41,815 fully paid-up equity shares under its Employee Stock Option Scheme 2022, as announced through a regulatory filing on March 31, 2026. The allotment was approved by the company's Nomination and Remuneration Committee on the same date.

Share Allotment Details

The company has issued the shares pursuant to the exercise of employee stock options under the Rubicon Research Limited - Employee Stock Option Scheme 2022. Each share carries a face value of ₹1.

Impact on Share Capital

Following this allotment, the company's capital structure has been updated significantly. The issued, subscribed and paid-up equity share capital has increased to ₹16,50,92,124.

Regulatory Compliance

The company has notified both stock exchanges about this development in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The intimation was sent to BSE Limited and National Stock Exchange of India Limited, where the company's shares are listed.

The regulatory filing was signed by Deepashree Tanksale, Company Secretary, confirming the completion of the allotment process and the subsequent increase in the company's equity share capital.

Rubicon Research Limited has successfully concluded its postal ballot process through remote e-voting, with both proposed resolutions receiving shareholder approval. The company declared the results on 16th March 2026, following the completion of the voting period that ended on 15th March 2026.

Strong Shareholder Participation

The postal ballot witnessed significant shareholder engagement, with 75.95% participation from the total shareholding base. As of the cut-off date of 6th February 2026, the company had 30,072 members holding a total of 16,47,50,309 equity shares.

Resolution Results

Special Resolution - Independent Director Appointment

The first resolution regarding the appointment of Dr. Pradnya Saravade (DIN: 08472973) as an Independent Woman Director received overwhelming support from shareholders across all categories.

Ordinary Resolution - Secretarial Auditor Appointment

The second resolution to appoint M/s. BNP & Associates, Company Secretaries, as the Secretarial Auditors showed strong but varied support across shareholder categories.

Scrutinizer's Report and Compliance

The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. MUFG Intime India Private Limited served as the Electronic Voting Service Provider, facilitating the e-voting process for all registered shareholders.

SGGS & Associates, appointed as the scrutinizer, conducted the voting process in a fair and transparent manner. The scrutinizer's report confirmed that all necessary formalities were completed, and the votes were unblocked on 16th March 2026 in the presence of independent witnesses Udit Vaidya and Rohan Rami.

Corporate Governance Enhancement

With the approval of both resolutions, Rubicon Research Limited has strengthened its corporate governance framework. The appointment of Dr. Pradnya Saravade as an Independent Woman Director enhances board diversity and independence, while the appointment of BNP & Associates as Secretarial Auditors ensures continued compliance oversight.

The voting results have been made available on the company's website at www.rubicon.co.in and will also be accessible on the websites of stock exchanges and the registrar and transfer agent. The company secretary Deepashree Tanksale (M. No. A28132) oversaw the entire process and signed the official declaration.