India Homes Limited has officially disclosed the voting results of its 1st Extraordinary General Meeting (EGM No.1/2025-26) held on February 23, 2026, in compliance with Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company successfully passed all five resolutions with requisite majority and subsequently filed intimation of Memorandum of Association (MOA) alteration on February 25, 2026.

Meeting Framework and Participation

The EGM was conducted at 2.00 P.M. through video conferencing and other audio-visual means, with 35 shareholders participating via video conferencing. The meeting included 7 shareholders from the promoter and promoter group category and 28 from the public category. The company maintained 59434 total shareholders on the record date of February 13, 2026.

Authorised Share Capital Increase and MOA Alteration

The ordinary resolution for increasing authorised share capital and consequential amendment to the Memorandum of Association received unanimous approval with 100% voting support across all participating categories. Following the EGM approval, the company filed intimation with BSE Limited on February 25, 2026, detailing the capital clause alteration.

Material Related Party Transactions and Director Appointment

The ordinary resolution to approve material related party transactions was passed with 99.9969% approval from voting shareholders. Notably, 19 shareholders from the promoter group holding 142677021 equity shares abstained from voting due to their interest in the resolution. Shareholders also approved the special resolution for appointing Mr. Mohamed Ali Altaf Furniturewala (DIN: 02878231) as Non-Executive Independent Director for a first term of 5 consecutive years with 100% approval from all voting categories.

Corporate Transaction Approvals

Two special resolutions related to corporate transactions were successfully passed. Resolution 4 approved transactions under Section 185 of the Companies Act, 2013, while Resolution 5 approved investments, loans, and guarantees exceeding limits under Section 186 of the Companies Act, 2013.

Regulatory Compliance and Documentation

Mr. Mayur M More of Mayur More & Associates, Company Secretaries, served as the appointed scrutinizer for the e-voting process. The scrutinizer's report confirmed that all resolutions were passed with requisite majority, maintaining compliance with Section 108 and 109 of the Companies Act, 2013, and SEBI regulations. Company Secretary Dilip Maharana (ACS: 23014) filed the MOA alteration intimation under Regulation 30, providing detailed amendments to the capital clause as required under SEBI Master Circular dated November 11, 2024.

India homes Limited's Board of Directors held a comprehensive meeting on 24-01-2026 at 11:00 AM, approving multiple strategic corporate actions that require shareholder approval. The meeting, which concluded at 11:45 AM, addressed significant changes to the company's capital structure and governance framework.

Authorized Share Capital Restructuring

The board approved a substantial increase in the company's authorized share capital structure. The existing authorized share capital will be enhanced from Rs. 107,00,00,000 to Rs. 120,50,00,000, representing an increase of Rs. 13,50,00,000.

The restructuring involves adding 13,50,00,000 new equity shares of face value Re. 1/- each and reclassifying the existing unclassified authorized share capital of Rs. 50,00,000 into 50,00,000 equity shares of Re. 1/- each.

Leadership and Governance Changes

The board approved the appointment of Mr. Mohamed Ali Altaf Furniturewala as Additional Independent Director, effective 05/02/2026. The appointment is for a five-year term and remains subject to shareholder approval at the upcoming general meeting.

Strategic Land Acquisition

The board approved the acquisition of development rights for land bearing CTS No. 890 situated at Wadala, Mumbai. The acquisition involves property from Shri Sudhir H. Gupta, who serves as the company's Executive Chairman. This transaction also requires shareholder approval at the ensuing general meeting.

Extraordinary General Meeting and Administrative Actions

Several procedural and administrative matters were addressed during the meeting:

• EGM Scheduling: The board fixed the date, time, and venue for conducting an Extraordinary General Meeting
• Notice Preparation: Approval for the EGM notice to be sent to shareholders
• Scrutinizer Appointment: Mr. Mayur M More (ACS no 35249, CP no 13104) was appointed as Scrutinizer for the EGM
• Listing Classification Change: Application to stock exchange for changing the basic industry classification from "Iron & Steel Products" to "Residential & Commercial projects"

Regulatory Compliance and Documentation

The board also approved necessary changes to the company's Memorandum of Association and Articles of Association to reflect the authorized share capital increase. All decisions were made in compliance with the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company operates from its registered office at India Steel Complex, Khopoli, Raigad, Maharashtra, and maintains its corporate office at Naman Midtown, Lower Parel, Mumbai. The meeting outcome was communicated to BSE Limited under scrip code 513361, with Managing Director Varun S. Gupta (DIN: 02938137) signing the official communication.