TransIndia Real Estate Ltd shareholders have approved the appointment of Mr. Mahendra Kumar Chouhan as a Non-Executive Independent Director and sanctioned material related party transactions with Contech Logistics Solutions Private Limited through a postal ballot process. The resolutions were passed following the conclusion of the remote e-voting on June 28, 2026, as disclosed in the scrutinizer's report submitted to the stock exchanges.

The appointment of Mr. Mahendra Kumar Chouhan (DIN: 00187253) was passed as a Special Resolution. The voting results indicated strong support, with 99.95% of the total votes polled favouring the appointment. Promoters and public institutions voted unanimously in favour, while 97.91% of public non-institutional shareholders supported the resolution.

Shareholders also approved an Ordinary Resolution for material related party transactions with Contech Logistics Solutions Private Limited. This resolution received 98.54% approval from the votes polled. Notably, the promoter and promoter group did not participate in the voting for this resolution, while public institutions cast their votes entirely in favour.

The remote e-voting process was managed by the National Securities Depository Limited (NSDL). Mr. Vijay Yadav, Partner of M/s. AVS & Associates, Company Secretaries, served as the Scrutinizer to ensure the voting was conducted fairly and transparently. The voting period commenced on May 30, 2026, and concluded on June 28, 2026.

The detailed voting results and the scrutinizer's report have been made available on the company's website and the NSDL e-voting portal. The filings were submitted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Results Summary

Transindia Real Estate Limited has scheduled a postal ballot to seek shareholder approval for a material related party transaction valued at ₹23.59 crore and the appointment of an independent director. The resolutions propose acquiring a 48.28% stake in Comptech Solutions Private Limited from Contech Logistics Solutions Private Limited, a promoter group entity, and appointing Mr. Mahendra Kumar Chouhan as a Non-Executive, Independent Director. The remote e-voting period will be open from Saturday, May 30, 2026, at 9:00 a.m. IST to Sunday, June 28, 2026, at 5:00 p.m. IST, with results expected on or before Tuesday, June 30, 2026.

The Board of Directors approved the appointment of Mr. Vijay Yadav, Partner of M/s. AVS & Associates, as the Scrutinizer to oversee the e-voting process on May 14, 2026. The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting facility. Shareholders whose names appear on the Register of Members or List of Beneficial Owners as of Friday, May 22, 2026, are eligible to participate in the voting process.

Related Party Transaction Details

The company proposes to acquire 7,00,000 Class A Equity Shares of face value ₹10 each at a premium of ₹327 per share, aggregating to a total consideration of ₹23,59,00,000. This acquisition will grant Transindia Real Estate Limited 48.28% of the shareholding and 100% voting rights in Comptech Solutions Private Limited, making it a subsidiary. The transaction is based on a valuation report obtained from Mr. Nilesh N. Rangani, a Registered Valuer.

The underlying asset of Comptech Solutions Private Limited is a commercial property located in Gurugram, Haryana, with a leasable area of 20,043 sq. ft. The company expects the acquisition to generate stable rental income and ensure long-term value creation. The transaction value constitutes 28.17% of the company's annual consolidated turnover for F.Y.2025-26 and exceeds the materiality threshold of ₹8,37,51,405 prescribed under SEBI Listing Regulations.

Director Appointment

Shareholders are also asked to approve the appointment of Mr. Mahendra Kumar Chouhan (DIN: 00187253) as a Non-Executive, Independent Director for a term of five years commencing from April 01, 2026, to March 31, 2031. Mr. Chouhan, who was appointed as an Additional Director on March 27, 2026, brings extensive experience in corporate governance and sustainability. He is entitled to receive remuneration, sitting fees, and commission as recommended by the Nomination & Remuneration Committee and approved by the Board.

The Audit Committee and the Board of Directors have reviewed and approved the proposed related party transaction. All related parties of the company are required to abstain from voting on the resolution regarding the acquisition. The postal ballot notice and explanatory statements are available on the company's website and the NSDL e-voting portal.