Shareholders of Vamshi Rubber have approved the proposal for the substantial sale of the whole of the company's undertaking. The special resolution was passed through a postal ballot process utilizing remote e-voting facilities provided by Central Depository Services Limited (CDSL). The Board of Directors initiated the voting process in its meeting held on July 8, 2026, allowing members to exercise their rights on the resolutions set out in the notice dated July 8, 2026.

The voting window remained open from July 18, 2026, at 9:00 am to August 16, 2026, at 5:00 pm. Members holding shares as on the cut-off date of July 10, 2026, were entitled to vote. N.V.S.S. Suryanarayana Rao, a practicing company secretary, was appointed as the scrutinizer to ensure the process complied with Section 108 and 110 of the Companies Act, 2013, and Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014.

Voting Results

The scrutinizer's report confirms that the resolution received near-unanimous support. A total of 87 members voted in favor, representing 2,465,843 votes, which accounts for 99.99% of the total valid votes cast. Only nine members voted against the resolution, casting 219 votes, or 0.01% of the total. No invalid votes were recorded during the process.

The votes were cast exclusively through remote e-voting; no venue voting occurred. The scrutinizer confirmed that the votes cast by public shareholders in favor of the resolution exceeded those against it, satisfying the requirements under Regulation 37A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shareholder Breakdown

Detailed results reveal distinct voting patterns between promoter and public shareholders. The promoter group, holding 2,397,925 shares as on the record date, participated heavily with 2,373,315 votes polled (98.97% participation). Crucially, promoter shareholders voted 100% in favor of the resolution, with zero votes cast against.

Public non-institutional shareholders held 1,808,875 shares but showed lower engagement, polling only 92,747 votes (5.13% participation). Among these participating public voters, 92,528 votes (99.76%) were in favor, while 219 votes (0.24%) were against. This indicates that while promoter support was absolute, the minimal dissent originated entirely from the public shareholder base.

What the Numbers Show

The voting data reveals a significant concentration of shareholder support, with the promoter group controlling virtually the entire voting power exercised in this ballot. The promoters' 100% approval rate contrasts with the lower participation rate among public shareholders (5.13%), suggesting that the outcome was largely driven by institutional or promoter alignment rather than broad retail engagement. The negligible dissent (0.01%) suggests broad alignment among the shareholder base regarding the strategic decision to sell the undertaking. The absence of any invalid votes indicates a smooth execution of the e-voting mechanism by CDSL.

Vamshi Rubber Limited board of directors has re-appointed Mr. Mereddy Ramesh Reddy as Chairman and Whole-time Director for a further period of three years. The new term is effective from July 31, 2026, subject to the approval of the company’s shareholders.

The decision was taken during a board meeting held on August 14, 2026, based on the recommendation of the Nomination and Remuneration Committee. Mr. Reddy retires by rotation but continues in his role following this re-appointment. He holds a B.Tech degree and a Master of Science from the USA, with over 30 years of experience in the tyre retreading industry.

Financial Results Approval

Alongside the leadership changes, the board approved the unaudited standalone financial results for the quarter ended June 30, 2026 (Q1FY26). The meeting, conducted via video conferencing from the company’s registered office in Hyderabad, also noted the limited review report submitted by the auditors. The disclosure filing did not include specific figures for revenue, net profit, or EBITDA for the quarter.

Corporate Governance Updates

The board addressed several other key corporate actions during the session:

• Approved the Board Report for the financial year ended March 31, 2026.
• Took note of draft Secretarial and Internal Audit Reports for FY26.
• Appointed N.V.S.S. Suryanarayana Rao as Scrutinizer for e-voting at the upcoming AGM.
• Approved the draft notice for the 32nd Annual General Meeting.

Mr. Mereddy Ramesh Reddy (DIN: 00025101) is not debarred from holding the office of Director by virtue of any order of SEBI or any other authority, in accordance with circulars dated June 20, 2018, issued by stock exchanges.

Annual General Meeting Details

The company has scheduled its 32nd Annual General Meeting for September 28, 2026, at 1:00 pm. The meeting will be held through Video Conferencing or Other Audio-Visual Means (OAVM). The deemed venue for the proceedings is the registered office at Vamshi House, Gachibowli, Hyderabad.

The notice for the AGM will be sent separately to stock exchanges and members in compliance with SEBI Listing Regulations. All relevant information will be made available on the company’s website.