Si Capital & Financial Services Limited has announced the successful completion of its postal ballot process, with shareholders providing unanimous approval for key corporate governance initiatives. The company declared the voting results on January 30, 2026, following a month-long voting period that concluded with strong shareholder support.

Postal Ballot Process Overview

The postal ballot was conducted between December 30, 2025 and January 28, 2026, with the cut-off date for eligible shareholders set as December 26, 2025. The process was overseen by CS K. Sreekrishna Kumar of K Sreekrishna Kumar & Co., who served as the appointed scrutinizer. The company utilized the e-voting facility provided by Central Depository Services (India) Limited (CDSL) for the remote voting process.

Resolution Results

Both resolutions presented to shareholders received overwhelming support, with 100% of votes cast in favour:

Share Capital Increase Approval

The first resolution, classified as an ordinary resolution, sought approval for increasing the company's authorised share capital along with consequent alterations to the Capital Clause of the Memorandum of Association. This resolution received unanimous support from all voting categories, with 33 members casting 3436199 votes entirely in favour.

Independent Director Appointment

The second resolution, requiring special resolution status, approved the appointment of Shri Vinod Manazhy (DIN: 08986929) as a Non Executive Independent Director of the company. This appointment also received 100% approval from the voting shareholders, demonstrating strong confidence in the proposed board composition.

Voting Participation Analysis

The voting pattern showed strong participation across different shareholder categories:

The promoter and promoter group demonstrated complete participation with 100% of their holdings voted, while public non-institutional shareholders showed significant engagement with 47.35% participation. Notably, public institutions did not participate in the voting process.

Regulatory Compliance

The postal ballot process was conducted in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 110 of the Companies Act, 2013. The scrutinizer's report confirmed that all procedural requirements were met and the voting process was conducted in a fair and transparent manner.

SI Capital & Financial Services Limited has filed its official postal ballot notice with BSE Limited under Regulation 30 of SEBI Listing Regulations, seeking shareholder approval for authorized share capital increase and director appointment through remote e-voting process.

Regulatory Filing Details

The company submitted the postal ballot notice to BSE Limited on December 29, 2025, providing comprehensive details for the upcoming shareholder voting process.

Resolution Details and Voting Timeline

The postal ballot covers two key resolutions requiring shareholder approval, with CDSL providing remote e-voting facility for all eligible members.

Authorized Share Capital Expansion

The company seeks approval for a significant 167% increase in authorized share capital to facilitate future fundraising and business expansion requirements.

Director Appointment Information

The second resolution covers the appointment of Mr. Vinod Manazhy as Additional Non-Executive Independent Director for a five-year term, leveraging his extensive banking experience.

E-Voting Process and Compliance

The company has appointed K Sreekrishna Kumar, Practising Company Secretary, as Scrutinizer for conducting the postal ballot process. In compliance with MCA circulars, the notice is being sent only through electronic mode to registered email addresses. The postal ballot notice is available on the company website at www.sicapital.co.in and will also be accessible on BSE and CDSL websites. Physical copies are not being distributed to shareholders for this postal ballot process.