One MobiKwik Systems Limited has successfully completed its postal ballot process for the appointment of a new independent director, with shareholders demonstrating strong support for the proposed resolution. The fintech company announced the results on January 21, 2026, following the conclusion of the remote e-voting period.

Appointment Details and Resolution Outcome

The company sought shareholder approval for appointing Mr. Radhakrishna Nair (DIN: 07225354) as Non-Executive Independent Director through a special resolution. The postal ballot notice was dated December 22, 2025, and the voting process was conducted entirely through remote e-voting.

Voting Process and Timeline

The remote e-voting period commenced on December 23, 2025, at 9:00 AM IST and concluded on January 21, 2026, at 5:00 PM IST. The voting was conducted through the e-voting platform provided by National Securities Depository Limited. The cut-off date for determining eligible shareholders was December 19, 2025.

Shareholder Participation Analysis

The postal ballot witnessed participation from 229 voters representing 39,356,833 equity shares, which constituted 50.04% of the company's total outstanding shares. The voting pattern showed unanimous support across different shareholder categories.

Category-wise Voting Breakdown:

Company Financial Structure

As of the cut-off date, One MobiKwik Systems Limited had a total paid-up equity share capital of ₹15.73 crores, divided into 78,658,458 fully paid equity shares with a face value of ₹2.00 each. The company had 179,851 shareholders on record as of December 19, 2025.

Scrutinizer and Compliance

The postal ballot process was scrutinized by Mr. Devesh Kumar Vasisht, Managing Partner of DPV & Associates LLP, Company Secretaries, who was appointed as scrutinizer by the Board of Directors on December 17, 2025. The process was conducted in compliance with Section 110 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company published the requisite advertisement regarding the postal ballot notice on December 23, 2025, in "Financial Express" (English) and "Jansatta" (Hindi) newspapers, ensuring proper communication to all eligible shareholders. The voting results and scrutinizer's report are available on the company's website and NSDL's e-voting portal for shareholder reference.

BlackBuck Limited has allotted 1,10,715 equity shares to eligible employees under its Employee Stock Option Schemes. The Nomination and Remuneration Committee of the Board of Directors approved this allotment through a circular resolution.

Share Allotment Details

The company has allotted equity shares under two separate ESOP schemes to identified employees. The allotment was completed with shares having a face value of Re. 1 each, issued as fully paid-up equity shares.

Impact on Share Capital

Following this allotment, the company's issued, subscribed and paid-up equity share capital has increased significantly. The shares allotted under both ESOP schemes will rank pari-passu with existing equity shares of the company.

Regulatory Compliance and Scheme Details

The share allotment complies with SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021. BlackBuck Limited operates under two active ESOP schemes - the Employee Stock Option Scheme 2016 and the Employee Stock Option Scheme 2019.

Key compliance aspects include:

• Regulatory Framework: SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021
• Lock-in Period: No lock-in restrictions applicable on allotted shares
• Share Rights: All allotted shares rank pari-passu with existing equity shares
• ISIN Code: INE0UIZ01018 for dematerialized shares

BlackBuck Limited has informed both the National Stock Exchange of India Limited and BSE Limited about this allotment as required under regulatory provisions. The company's shares are listed on both NSE (Symbol: BLACKBUCK) and BSE (Scrip Code: 544288), ensuring transparency and compliance with stock exchange listing requirements.