Transrail Lighting shareholders approved a qualified institutions placement (QIP) of up to ₹600.00 crore and amendments to the Memorandum of Association through a postal ballot on September 10, 2026.

The company conducted remote e-voting under Section 110 of the Companies Act, 2013. The voting process concluded at 5:00 pm on September 10, 2026, with Mitesh Shah & Co. serving as the independent scrutinizer.

Voting Results

Both special resolutions passed with overwhelming support from promoters and institutional investors. Retail non-institutional shareholders showed slight dissent, though the resolutions cleared the requisite majority.

Promoter group holdings stood at 95,478,484 shares on the record date of August 3, 2026. The promoter group voted in favor of both resolutions with 100% support among participating shares.

Capital Raise Details

The approved QIP allows Transrail Lighting to raise capital by issuing equity shares or other securities to eligible investors. The total aggregate amount is capped at ₹600.00 crore.

Corporate Governance

The Company Secretary and Compliance Officer, Monica Gandhi, confirmed the results were submitted to the BSE and NSE pursuant to Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

The scrutinizer’s report noted that the e-voting facility was provided by Central Depository Services Limited (CDSL). The record date for determining eligibility was August 3, 2026, with a total of 157,189 shareholders on record.

Transrail Lighting has scheduled its 19th Annual General Meeting (AGM) for Monday, September 28, 2026, at 3:30 pm. The meeting will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM).

The company submitted its annual report and AGM notice for the financial year ended March 31, 2026, confirming the corporate governance timeline. Monica Gandhi, Company Secretary and Compliance Officer, signed the submission on September 2, 2026.

E-Voting Schedule

Members holding shares as on the cut-off date of Monday, September 21, 2026, are eligible to vote. The remote e-voting period commences at 9:00 am on Thursday, September 24, 2026, and ends at 5:00 pm on Sunday, September 27, 2026.

Voting rights are proportional to the paid-up equity share capital held as on the cut-off date. Members who cast votes remotely cannot vote again during the AGM. Those present at the AGM who have not voted remotely may vote electronically during the meeting.

Regulatory Compliance

The process adheres to Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI Listing Regulations. The e-voting system is managed by Central Depository Services Limited (CDSL).

Mr. Mitesh Shah, Partner of Mitesh Shah & Co., has been appointed as the Scrutinizer to ensure a fair and transparent voting process.

Document Access

Shareholders with registered email addresses received the documents directly on September 2, 2026. Others received a letter with a weblink. The annual report and AGM notice are available on the company website and the exchange portals.