Eforu Entertainment Limited has successfully completed its postal ballot process to ratify the company's name change from Tavernier Resources Limited. The company announced the voting results on January 12, 2026, following the completion of the e-voting period on January 11, 2026.

Overwhelming Shareholder Approval

The special resolution for ratifying the name change received exceptional support from shareholders, with the voting results demonstrating strong confidence in the corporate restructuring initiative.

Voting Process and Participation

The postal ballot was conducted exclusively through e-voting facilitated by Central Depository Services (India) Limited (CDSL). The voting period commenced at 09:00 AM on December 13, 2025, and concluded at 05:00 PM on January 11, 2026.

Category-wise Voting Breakdown

The voting pattern showed strong support across different shareholder categories. Promoter and promoter group shareholders demonstrated unanimous support, while public shareholders also showed overwhelming approval.

Promoter and Promoter Group:

• Shares held: 33,16,116
• Votes polled: 33,16,116 (100% participation)
• Votes in favor: 33,16,116 (100% approval)

Public Non-Institutions:

• Shares held: 26,62,884
• Votes polled: 28,009 (1.05% participation)
• Votes in favor: 27,996 (99.95% approval)
• Votes against: 13 (0.05%)

Scrutinizer Validation

Mr. Nayan Pitroda, proprietor of Pitroda Nayan & Co., Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The scrutinizer submitted the report on January 12, 2026, confirming the validity and accuracy of the voting process. The e-voting results were unblocked and downloaded from the CDSL website on January 12, 2026, in the presence of two witnesses who were not employees of the company.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company completed the dispatch of postal ballot notices on December 11, 2025, by sending emails to shareholders whose names appeared on the register of members and beneficial owners list received from NSDL and CDSL as of the cut-off date.

The successful completion of this postal ballot marks a significant milestone in the company's corporate restructuring journey, with the name change from Tavernier Resources Limited to Eforu Entertainment Limited now formally ratified by shareholders with requisite majority approval.

Tavernier Resources (now known as Eforuen Entertainment Limited) has announced a new film production agreement, marking its continued expansion in the entertainment sector. The company disclosed this business development under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Film Production Partnership

The agreement establishes a collaborative framework for producing an Urban Gujarati film, with clearly defined roles for both parties:

Eforuen Entertainment Limited has entered into an agreement with Rakesh Kirtibhai Shah to produce an Urban Gujarati film. Under this agreement, Shah will serve as the Director, while the company will take on the role of Producer.

Company Background

Eforuen Entertainment Limited, formerly known as Tavernier Resources Limited, operates under CIN L59111GJ1994PLC170267. The company is headquartered in Ahmedabad, Gujarat, with its registered office located at A37, Capital Commercial Centre, Near Sanyas Ashram, Opp Town hall, Ashram Road.

Regulatory Compliance

The announcement was made in compliance with SEBI listing regulations, specifically under Regulation 30 which requires disclosure of material events and information. The company's scrip code 531190 is listed on BSE Limited, and the agreement represents a transaction conducted in the ordinary course of business.

Strategic Direction

This film production agreement demonstrates Eforuen Entertainment's commitment to content creation in the regional cinema space. The focus on Urban Gujarati films indicates the company's strategy to tap into regional entertainment markets, leveraging local cultural themes and narratives.

The partnership with Mr. Rakesh Kirtibhai Shah as Director brings creative expertise to the project, while Eforuen Entertainment's role as Producer positions the company to manage the production aspects of the film development process.