C.E. Info Systems Announces Postal Ballot Results: All ESOP Resolutions Approved

2 min read     Updated on 05 Jan 2026, 04:32 PM
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Reviewed by
Riya DScanX News Team
Overview

C.E. Info Systems Limited announced successful completion of postal ballot process on January 5, 2026, with all three ESOP-related resolutions receiving shareholder approval. The voting showed 78% participation rate with 4.26 crore shares voted, and strong support across promoter group (99.98% participation), public institutions (72.26%), and public non-institutions (44.29%). The approved resolutions enable ESOP modifications, subsidiary employee benefits, and regulatory compliance.

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*this image is generated using AI for illustrative purposes only.

C.E. Info Systems Limited , better known as MapMyIndia, has announced the successful completion of its postal ballot process with all three Employee Stock Option Plan (ESOP) related resolutions receiving shareholder approval with requisite majority. The company disclosed the voting results on January 5, 2026, following the completion of remote e-voting that concluded on January 3, 2026.

Regulatory Disclosure and Compliance

The company has submitted the voting results and scrutinizer's report to both BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, read with relevant rules and MCA circulars.

Parameter: Details
Postal Ballot Notice Date: December 3, 2025
Record Date: November 28, 2025
E-voting Period: December 5, 2025 to January 3, 2026
Results Announcement: January 5, 2026
Scrutinizer: Santosh Kumar Pradhan

Voting Participation Overview

The postal ballot witnessed significant participation from shareholders across all categories:

Shareholder Details: Numbers
Total Shareholders on Record: 1,51,223
Shareholders Who Voted: 463
Total Shares Voted: 4,25,69,500
Voting Percentage: 78.00% of outstanding shares

Resolution-wise Voting Results

All three resolutions achieved overwhelming approval from shareholders:

Resolution 1: ESOP 2008 Modification (Special Resolution)

Voting Details: Numbers Percentage
Votes in Favour: 4,24,66,927 99.76%
Votes Against: 1,02,573 0.24%
Total Votes Cast: 4,25,69,500 100.00%

Resolution 2: Subsidiary Employee Benefits (Ordinary Resolution)

Voting Details: Numbers Percentage
Votes in Favour: 4,04,83,430 95.10%
Votes Against: 20,86,070 4.90%
Total Votes Cast: 4,25,69,500 100.00%

Resolution 3: ESOP 2008 Ratification (Ordinary Resolution)

Voting Details: Numbers Percentage
Votes in Favour: 4,04,81,514 95.10%
Votes Against: 20,87,986 4.90%
Total Votes Cast: 4,25,69,500 100.00%

Category-wise Participation Analysis

The voting showed strong support across all shareholder categories:

Category: Shares Held Votes Polled Participation Rate
Promoter Group: 2,81,07,754 2,81,01,455 99.98%
Public Institutions: 95,86,404 69,27,382 72.26%
Public Non-Institutions: 1,70,27,507 75,40,663 44.29%

Scrutinizer's Certification

Santosh Kumar Pradhan, Practicing Company Secretary (FCS No. 6973), served as the scrutinizer for the postal ballot process. The scrutinizer's report confirms that the remote e-voting was conducted through Central Depository Services Limited (CDSL) platform, with votes being unblocked on January 3, 2026, at 7:18 PM in the presence of independent witnesses.

Strategic Impact

The approval of these resolutions enables C.E. Info Systems to implement modified ESOP terms under the Employee Stock Option Plan 2008, extend stock option benefits to employees of subsidiary and associate companies, and ensure regulatory compliance. These modifications are expected to support talent retention and align employee interests across the group structure, strengthening the company's human resource strategy in the competitive IT-software sector.

Historical Stock Returns for CE Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-1.91%-12.78%-25.71%-47.66%-45.72%-38.04%

MapmyIndia Mappls Adds Multimodal Public Transport Routes to Mappls App

2 min read     Updated on 30 Dec 2025, 03:37 PM
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Reviewed by
Naman SScanX News Team
Overview

MapmyIndia Mappls has officially launched multimodal public transport routes on its Mappls App, integrating metro, rail, and bus route information across 18 major Indian cities including Delhi, Mumbai, and Bengaluru. The feature combines public transport data with existing navigation tools like turn-by-turn navigation and real-time traffic updates, serving over 40 million users on iOS and web platforms with Android rollout planned.

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*this image is generated using AI for illustrative purposes only.

MapmyIndia Mappls has officially expanded the capabilities of its flagship Mappls App by introducing comprehensive multimodal public transport route information through a regulatory filing under SEBI Regulation 30. The technology company has transformed its mapping platform to include metro, rail, and bus route information, creating a complete urban mobility solution for over 40 million users.

Enhanced Navigation Features

The multimodal public transport feature integrates seamlessly with the app's existing navigation tools, providing users with comprehensive journey planning capabilities. Users can now access public transport routes, stations, stops, and interchange options to plan journeys that combine different modes of transport.

Feature Integration: Details
Transport Modes: Metro, rail, and bus routes
Navigation Tools: Turn-by-turn navigation with real-time traffic
Safety Features: Real-time traffic updates and safety alerts
Routing: Intelligent multimodal routing system

Comprehensive City Coverage

The feature is currently available across 18 select cities, covering major metropolitan areas and tier-2 cities throughout India. The cities included in the launch are Delhi, Mumbai, Bengaluru, Chennai, Hyderabad, Chandigarh, Pune, Kolkata, Ahmedabad, Nagpur, Indore, Patna, Lucknow, Kanpur, Agra, Jaipur, Kochi, and Bhopal.

Platform Availability: Status
iOS Platform: Currently live
Web Platform: Currently live
Android Platform: Rollout planned
Total Cities: 18 major Indian cities
User Base: Over 40 million users

Leadership Vision and Strategic Impact

Rakesh Verma, Co-Founder, Chairman & Managing Director of MapmyIndia Mappls, emphasized that the launch resulted from listening to user feedback. "The launch of multimodal public transport routes on the Mappls App is a direct outcome of listening to our users. We want the Mappls App to be more inclusive and accessible for every citizen. As a fully indigenous platform built in India for India, Mappls remains committed to supporting sustainable urban mobility by seamlessly integrating public transport into everyday navigation," he stated.

Business Performance and Government Alignment

The enhancement strengthens Mappls' position as a comprehensive mobility platform, bringing private and public transport options onto a single indigenous maps and navigation application. The company's mapping and location technology aligns with government guidelines on international border delineation and handling of sensitive locations. MapmyIndia Mappls' government business has grown significantly in recent years and currently accounts for approximately 20.00% of its gross revenue, reflecting strong institutional adoption and supporting the company's mission to reduce urban congestion through improved public transport accessibility.

Historical Stock Returns for CE Info Systems

1 Day5 Days1 Month6 Months1 Year5 Years
-1.91%-12.78%-25.71%-47.66%-45.72%-38.04%

More News on CE Info Systems

1 Year Returns:-45.72%