Steelman Telecom Limited has officially disclosed comprehensive voting results for its Extraordinary General Meeting held on March 19, 2026, in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company submitted detailed scrutinizer reports to BSE Limited, providing complete transparency on shareholder voting patterns and resolution outcomes.

Official Disclosure and Regulatory Compliance

The company's disclosure, dated March 20, 2026, was submitted to BSE Limited under scrip code 543622. Company Secretary Aparupa Das (Membership No: 42450) formally communicated the voting results along with the scrutinizer report dated March 19, 2026, ensuring full compliance with regulatory requirements.

Scrutinizer Appointment and E-Voting Process

Mr. Saurabh Basu from S Basu & Associates, a qualified Company Secretary (ACS: 18686), was appointed as scrutinizer through a board resolution dated February 18, 2026. The scrutinizer issued the final report on March 19, 2026, validating the entire e-voting process and meeting proceedings.

Resolution 1: Authorized Capital Increase - Approved

The first resolution regarding the increase in authorized share capital from Rs 11.00 crore to Rs 12.50 crore received overwhelming approval. Out of 96,76,200 total shares, 76,74,600 shares participated in voting, representing 79.31% participation.

Resolution 2: Material Related Party Transactions - Rejected

The second resolution for approval of material related party transactions faced significant rejection from shareholders. Only 7,09,200 shares participated in voting (7.33% of total), with 6,75,600 votes against the resolution.

Shareholder Category-wise Participation

The voting results revealed distinct patterns across different shareholder categories. Promoter and promoter group held 69,65,400 shares and voted entirely in favor of the capital increase resolution. However, for the RPT resolution, promoter votes were declared invalid due to their interested party status.

The comprehensive disclosure demonstrates the company's commitment to transparency and regulatory compliance, providing shareholders with detailed insights into the decision-making process and voting outcomes for both resolutions considered during the EGM.

Steelman Telecom Limited's Board of Directors conducted a comprehensive meeting on February 18, 2026, from 11:30 AM to 12:30 PM, approving several significant corporate governance and financial restructuring measures. The telecommunications company, formerly known as Steelman Telecom Private Limited, announced multiple strategic decisions that will require shareholder approval through an upcoming Extra-Ordinary General Meeting.

Board Meeting Key Decisions

The board meeting, held on Wednesday, February 18, 2026, addressed five major agenda items that will shape the company's immediate corporate structure and governance framework. These decisions demonstrate the company's commitment to expanding its capital base and ensuring proper regulatory compliance.

Authorized Share Capital Enhancement

The most significant decision involved approving a substantial increase in the company's authorized share capital structure. The board sanctioned expanding the capital base to accommodate future growth requirements and strategic initiatives.

This expansion will require consequent alteration of Clause V of the Memorandum of Association, subject to member approval at the forthcoming EGM.

Related Party Transactions and EGM Scheduling

The board also approved material related party transactions, which will be presented to shareholders for their consideration and approval. These transactions require transparent disclosure and member consent as per regulatory requirements.

Furthermore, the directors scheduled an Extra-Ordinary General Meeting for Thursday, March 19, 2026, at 12:00 NOON IST. The meeting will be conducted at the company's registered office located at Mani Casadona, Flat No 15E1, Floor No-15, Plot No-IIF/04, Street No-372, Action Area-IIF, New Town, Kolkata-700156.

EGM Governance and Scrutinizer Appointment

To ensure proper conduct of the Extra-Ordinary General Meeting, the board approved the draft notice for member circulation and appointed Mr. Saurabh Basu, Practicing Company Secretary (C.P. No.14347, Mb No: 18686), as scrutinizer for conducting the remote e-voting process and voting procedures during the EGM.

The meeting outcome was formally communicated to the Bombay Stock Exchange Limited, where Steelman Telecom Limited trades under scrip code 543622, ensuring full regulatory compliance and transparency for all stakeholders.