Senco gold has successfully concluded its postal ballot process, with shareholders approving the payment of commission to non-executive directors through an ordinary resolution. The company announced the voting results on 24th March 2026, demonstrating strong shareholder participation in the corporate governance process.

Postal Ballot Process Details

The postal ballot was conducted entirely through electronic voting (e-voting) in compliance with various MCA circulars and SEBI regulations. The process timeline was structured as follows:

Scrutinizer Appointment

The company appointed Mr. Atul Kumar Labh, a Practicing Company Secretary with membership number 4848 and CP number 3238, as the scrutinizer. He is a partner at LABH & LABH Associates, Company Secretaries, and was responsible for monitoring the remote e-voting process in a fair and transparent manner. The scrutinizer was appointed by the Board of Directors on 12th February 2026.

Voting Results and Participation

The resolution regarding commission payment to non-executive directors received substantial support from shareholders across all categories. The voting participation and results were as follows:

Resolution Outcome

The ordinary resolution "To consider and approve the payment of commission to non-executive directors of the company" was passed with requisite majority. Key highlights of the voting outcome include:

• Total votes polled: 127619399 representing 77.95% of outstanding shares
• Votes in favour: 113159128 (88.67% of votes polled)
• Votes against: 14460271 (11.33% of votes polled)
• No invalid votes were recorded across any category

Official Documentation

The company submitted the voting results to both NSE and BSE through official communication dated 24th March 2026. The scrutinizer's report confirmed that 289 members voted in favour of the resolution while 108 members voted against it through remote e-voting.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The voting results and scrutinizer's report have been uploaded on the company's website, CDSL website, and displayed at the registered and corporate office. The e-voting platform was provided by Central Depository Services (India) Limited (CDSL) through www.evotingindia.com .

The successful completion of this postal ballot demonstrates the company's commitment to transparent corporate governance practices and regulatory compliance, with the resolution receiving strong overall shareholder support despite mixed response from institutional investors.

Senco Gold Limited has announced the allotment of 88,340 equity shares to eligible employees under its Employee Stock Option Scheme 2018 (ESOP Scheme 2018). The allotment was executed by the Nomination Remuneration and Compensation Committee of the Board as part of the company's employee incentive program.

Share Allotment Details

The equity shares were allotted at different exercise prices across two tranches:

All allotted shares carry a face value of Rs. 5/- each and rank pari-passu with the existing equity shares of the company in all respects.

Impact on Share Capital

The ESOP exercise has resulted in an increase in the company's paid-up equity share capital:

The allotment represents a marginal increase in the total number of outstanding equity shares, with the new shares providing eligible employees with ownership stakes in the company.

Regulatory Compliance

The company has informed both the National Stock Exchange of India Limited and BSE Limited about this allotment in compliance with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015. The notification was signed by Mukund Chandak, Company Secretary & Compliance Officer, and dated March 10, 2026.

The ESOP Scheme 2018 continues to serve as an employee retention and motivation tool, allowing eligible employees to participate in the company's growth through equity ownership.