Shemaroo Entertainment Limited shareholders have approved four ordinary resolutions regarding the appointment and remuneration of related parties and a material related party transaction. The resolutions were passed through remote e-voting on June 28, 2026, with requisite majority, as per the scrutinizer's report submitted to the exchanges.

The postal ballot notice, dated May 16, 2026, sought approval for the remuneration of Ms. Smita Maroo, and the appointment and remuneration of Ms. Mansi Maroo and Ms. Madhuri Gada, all identified as related parties. Additionally, shareholders voted on a resolution to approve material related party transactions for the provision of financial support by the promoter and promoter group directors.

Mr. Dipesh Gosar, Practising Company Secretary, was appointed as the scrutinizer to oversee the e-voting process. The e-voting period commenced on May 30, 2026, and concluded on June 28, 2026. A total of 86 members participated in the voting process for most resolutions, casting 396,463 votes.

The results indicated strong support from public non-institutional shareholders, with approximately 94% of votes polled in favour for each resolution. Promoters and promoter group entities did not participate in the e-voting for any of the resolutions.

Voting Results Summary

The detailed voting results and the scrutinizer's report have been made available on the company's website and the National Securities Depository Limited's e-voting portal. The intimation was submitted under Regulation 30 and 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shemaroo Entertainment Limited has published a newspaper advertisement regarding its Notice of Postal Ballot dated May 16, 2026. The advertisement appeared in the Financial Express and Mumbai Lakshadeep on May 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice seeks shareholder approval for material related party transactions worth up to ₹600 crore and the remuneration of three related party employees.

The postal ballot process covers the appointment and remuneration of Ms. Smita Maroo, Ms. Mansi Maroo, and Ms. Madhuri Gada for a period of five years effective from FY27. It also seeks authorization for financial support from promoters and the promoter group. The remote e-voting period is scheduled from May 30, 2026, to June 28, 2026.

Related Party Remuneration

The company seeks approval for the remuneration of three individuals identified as related parties under Section 188 of the Companies Act, 2013.

The Audit Committee and Nomination and Remuneration Committee approved these resolutions on May 16, 2026. The remuneration includes salary, allowances, perquisites, and other benefits.

Material Related Party Transactions

Shareholders are asked to approve material related party transactions for the provision of financial support by the promoter and promoter group, as well as directors. The total aggregate limit for these transactions is ₹600 crore.

The resolution authorizes the acceptance of corporate guarantees, personal guarantees, securities, and collaterals provided by related parties to secure credit facilities from banks and financial institutions, up to ₹500 crore. Additionally, it permits the availing of unsecured loans from related parties up to ₹100 crore.

The related parties providing support include Mr. Raman Maroo, Mr. Atul Maroo, Mr. Hiren Gada, Mr. Jai Maroo, Shemaroo Trading Private Limited, and Shemaroo Corporation. The company stated that these guarantees and loans are extended without any guarantee commission or fees to facilitate timely credit availability and strengthen liquidity.

Voting Timeline and Procedure

The remote e-voting facility will be available from 9.00 a.m. IST on Saturday, May 30, 2026, until 5.00 p.m. IST on Sunday, June 28, 2026. Shareholders whose names appear in the Register of Members or Record of Depositories as of May 22, 2026, are eligible to vote.

The Board of Directors has appointed M/s. Dipesh Gosar & Co. as the scrutinizer. National Securities Depository Limited (NSDL) has been engaged to provide the e-voting facility. Related parties are not eligible to vote on the resolutions concerning their appointments or the related party transactions.