Lloyds Enterprises Limited has successfully completed its postal ballot process through remote e-voting, with all five proposed resolutions receiving overwhelming shareholder approval. The scrutinizer's report, submitted by Mitesh Shah & Co., Company Secretaries, confirms that the e-voting process concluded on January 09, 2026, with strong participation from shareholders.

E-Voting Process and Timeline

The postal ballot was conducted pursuant to Sections 108 and 110 of the Companies Act, 2013, with the e-voting facility provided by National Securities Depository Limited (NSDL). The voting process commenced on December 11, 2025, at 9:00 a.m. (IST) and concluded on January 09, 2026, at 05:00 p.m. (IST). The voting rights were determined based on the cut-off date of February 5, 2025.

The company's total paid-up capital as on the cut-off date was ₹1,39,93,39,283.00, divided into 1,27,21,26,621 fully paid-up equity shares of face value ₹1.00 each and 25,44,25,324 partly paid-up equity shares of face value ₹1.00 each (₹0.50 per share paid up).

Material Related Party Transactions Approved

Three ordinary resolutions related to material related party transactions received strong shareholder support:

All three resolutions achieved similar approval rates, indicating consistent shareholder confidence in the proposed related party transactions.

Corporate Governance Resolutions

Two special resolutions were also passed with overwhelming support:

The resolution to adopt new articles of association received exceptional support with 99.89% approval, demonstrating strong shareholder alignment with the company's governance framework updates.

Shareholder Participation Analysis

The voting results show active participation from both fully paid-up and partly paid-up shareholders across all resolutions. The partly paid-up equity shares, representing 50% votes based on their paid-up value, contributed significantly to the overall voting process. Bigshare Services Private Limited served as the Registrar and Share Transfer Agent for the company during this process.

Conclusion

The successful completion of the postal ballot with such strong approval rates across all resolutions reflects robust shareholder confidence in Lloyds Enterprises Limited's strategic direction and corporate governance practices. The scrutinizer's report, submitted on January 12, 2026, confirms full compliance with applicable regulations and the validity of all passed resolutions.

Lloyds Enterprises Limited has successfully concluded its postal ballot voting process, with all five resolutions receiving approval from shareholders on January 09, 2026. The company disclosed the voting results in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process and Timeline

The remote e-voting process commenced on Thursday, December 11, 2025, at 9:00 A.M. (IST) and concluded on Friday, January 09, 2026, at 5:00 P.M. (IST). Mr. Mitesh Shah, Partner of M/s. Mitesh Shah & Co., Practicing Company Secretary (FCS No. 10070 and CP No. 12891), served as the scrutinizer for the voting process. The voting rights were determined based on the cut-off date of February 5, 2025.

Resolutions Approved

All five resolutions presented to shareholders received approval with requisite majority. The resolutions covered material related party transactions, loan provisions, and corporate governance matters.

Voting Results Analysis

The voting results demonstrated varying levels of shareholder support across different resolutions. The related party transaction resolutions (1a, 1b, and 1c) received approximately 96.08% approval, while the loan provision resolution achieved 96.08% support. The resolution for adopting new Articles of Association garnered the highest approval rate at 99.89%.

Key Voting Statistics:

• Total Paid-up Capital: ₹1,39,93,39,283 as of February 5, 2025
• Fully Paid-up Equity Shares: 1,27,21,26,621 shares of face value ₹1 each
• Partly Paid-up Equity Shares: 25,44,25,324 shares with ₹0.50 paid-up value
• Voting Rights: Partly paid-up shares represent 50% votes based on paid-up value

Shareholder Participation

The postal ballot witnessed participation from both institutional and non-institutional public shareholders. Notably, promoter and promoter group members abstained from voting on the first four resolutions due to their interest in the matters, but participated fully in the Articles of Association resolution with 100% support.

Regulatory Compliance

The company has uploaded the voting results and scrutinizer's report on its website at www.lloydsenterprises.in and submitted the required documentation to BSE Limited and National Stock Exchange of India Limited. The resolutions are deemed to have been passed on January 09, 2026, the last date of the remote e-voting period.