Vascon Engineers Limited shareholders approved all six resolutions at the 41st Annual General Meeting (AGM) held on August 7, 2026, in Pune. The meeting, chaired by Chairman and Managing Director Siddharth Vasudevan Moorthy, took place at MonarQ, Royal Orchid Golden Suites, with requisite quorum present from 1130 hours to 1300 hours IST. A total of 139 members participated in voting, covering 87,954,898 shares representing 37.96% of the total paid-up share capital. The company subsequently submitted the voting results and Scrutinizer's Report to the stock exchanges on August 10, 2026, pursuant to Regulation 44 of the SEBI Listing Regulations, 2015.

AGM Attendance and Voting Overview

The total number of shareholders on the record date stood at 94,890. Of these, 7 promoter and promoter group members and 64 public shareholders were present either in person or through proxy. Remote e-voting was available from August 3, 2026 at 9:00 AM until August 6, 2026 at 5:00 PM, with KFin Technologies Limited serving as the e-voting service provider and Registrar & Share Transfer Agent. M/s. Amit Jaste & Associates, Practising Company Secretaries (FCS - 7289; CP No. 12234), served as the scrutinizer, ensuring fair and transparent voting. The AGM notice, dated May 11, 2026, was published in the Financial Express (English) and Loksatta (vernacular) on July 17, 2026, with the cut-off date for voting eligibility set at July 31, 2026.

Resolutions Passed at the 41st AGM

All six resolutions — four ordinary and two special — were passed with requisite majority. The following table summarizes the resolutions and their voting outcomes:

Key Governance Appointments

The AGM ratified several significant board-level changes. Dr. Santosh Sundararajan (DIN: 00015229) was re-appointed as a Director liable to retire by rotation, receiving 99.97% votes in favour. Mr. Sankaramahalingam Balasubramanian (DIN: 06622735) was reappointed as a Non-Executive Independent Director for a second and final term of five consecutive years, with 99.98% votes in favour. Mr. Divya Maneklal Shah (DIN: 11707687) was appointed as a Non-Executive Independent Director for a term of five years effective May 15, 2026, with provisions for continuation of office upon attaining the age of 75 years during the said term, receiving 99.98% votes in favour. These appointments strengthen independent oversight on the Board in alignment with regulatory requirements for listed entities.

Related Party Transaction and Compliance Notes

Resolution 6, pertaining to the approval of Material Related Party Transactions with Vascon Developers LLP, received 97.57% votes in favour from eligible voters. Notably, 70,392,245 votes were treated as invalid and excluded from tabulation, as they were cast by related parties. This exclusion was in compliance with Regulation 23(4) of the SEBI Listing Regulations, 2015, which prohibits related parties from voting on resolutions in which they are interested. The scrutinizer's report confirmed that all resolutions were passed with requisite majority, and the detailed voting results were certified by Company Secretary and Compliance Officer Neelam Piyush Pipada (M No.: A31721). All relevant records relating to e-voting and venue voting shall remain under the scrutinizer's custody until the Chairman approves and signs the minutes.

Vascon Engineers Limited has fixed Friday, July 31, 2026, as the cut-off date to determine shareholder eligibility for voting at its upcoming Annual General Meeting (AGM). The company notified the National Stock Exchange of India Limited and BSE Limited on July 30, 2026, confirming that only shareholders holding shares on the record date will be entitled to cast votes on the resolutions set out in the AGM notice. The meeting is scheduled to be held on August 7, 2026.

The intimation aligns with Section 108 of the Companies Act, 2013, and Rule 20 of the Companies (Management & Administration) Rules, 2014, including any amendments thereto. These regulations mandate that companies specify a cut-off date to ascertain the list of members eligible to participate in general meetings and vote on proposed resolutions. By establishing this date, Vascon Engineers ensures a definitive register of members for the purpose of the AGM proceedings.

Key Dates and Details

The communication was issued by Neelam Piyush Pipada, Company Secretary and Compliance Officer of Vascon Engineers Limited, bearing Membership Number A31721. The notice serves as a continuation of prior communications dated July 16, 2026, regarding the convening of the AGM. Shareholders are advised to ensure their holdings are reflected in the company’s records by the specified cut-off date to exercise their voting rights effectively.

What This Means for Shareholders

For investors holding Vascon Engineers shares, the July 31, 2026, cut-off date is critical. Any share transfers or transactions completed after this date will not confer voting rights for the August 7 meeting. Shareholders who wish to vote on the resolutions presented in the AGM notice must be registered in the company’s books on or before July 31, 2026. This procedural step ensures that only eligible members participate in the decision-making process during the annual gathering.