Silicon Rental Solutions Limited shareholders unanimously approved all three ordinary resolutions at the 10th Annual General Meeting held on September 28, 2026. The scrutinizer's report confirms that 100% of valid votes were cast in favour of adopting financial statements, declaring a ₹1 per share dividend, and re-appointing Kanchan Sanjay Motiani.

The meeting commenced at 2:00 pm via Video Conferencing with a quorum present. Chairman and Managing Director Sanjay Harish Motiani presented performance highlights before the voting process. Statutory, internal, and secretarial auditor representatives were also in attendance. Remote e-voting was available from September 25 to September 27, 2026, while members present could vote electronically for 15 minutes during the session.

Voting results breakdown

Shanu Mata & Associates served as the scrutinizer. The consolidated results from the National Securities Depository Limited (NSDL) e-voting platform and electronic voting at the meeting are detailed below. A total of 24 members voted across all items, casting 7,827,400 votes each time.

Compliance and procedural details

The voting rights were reckoned as on Monday, September 21, 2026, which served as the cut-off date for entitlements. The company utilized NSDL for the remote e-voting platform. The remote e-voting period opened on September 25, 2026, at 9:00 am and concluded on September 27, 2026, at 5:00 pm.

The scrutinizer's report, dated September 29, 2026, noted that no members voted against any resolution or abstained. The invalid votes category, defined as those received after the closure of the voting period or by persons not entitled to vote, recorded nil entries. The final results were uploaded to the company website and communicated to the stock exchange in compliance with SEBI regulations.

What the numbers show

The voting data reveals a highly concentrated shareholder base participating in the decision-making process. With only 24 members casting votes out of the total eligible pool, and these same 24 members accounting for all 7,827,400 votes on every single resolution, the outcome reflects unanimous support from the active voting bloc. This uniformity suggests that either the majority of shares are held by a small group of promoters or insiders who voted consistently, or that retail participation was minimal relative to the total shareholding structure. The complete absence of dissenting or abstaining votes across financial adoption, dividend declaration, and director re-appointment indicates strong alignment between the board's proposals and the interests of the voting shareholders.

Silicon Rental Solutions Ltd has entered into a Platform Service Agreement with WeWork India Management Limited. The arrangement enables the company to list its IT equipment rental, sales, and lifecycle management services on WeWork’s member platform for an initial term of three years.

The agreement, disclosed under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, allows WeWork members to discover and procure Silicon Rental Solutions’ products directly. The company will provide services in its own name, while WeWork acts solely as a platform facilitator.

Key Terms of the Agreement

The partnership is structured as a non-exclusive arrangement with no minimum volume or revenue commitments from WeWork India. Silicon Rental Solutions will pay referral fees on commercially agreed terms for services converted through the platform. The contract includes a provision for renewal after the initial three-year period.

Regulatory Disclosures

Silicon Rental Solutions confirmed that the transaction does not constitute a related-party transaction. The parties are not related to the promoter, promoter group, or group companies. No special rights, such as director appointments or share subscription rights, were conferred on WeWork India under the deal.

The company stated that the purpose of the agreement is to expand its distribution and customer reach by accessing WeWork’s member base. There is no shareholding interest between the two entities.