Softsol India Limited has announced the successful completion of its postal ballot process for a proposed company name change. The special resolution to change the company name from "Softsol India Limited" to "Madala Holdings Limited" was passed on January 28, 2026, with requisite majority support from shareholders.

Voting Results and Shareholder Response

The postal ballot conducted through remote e-voting demonstrated strong shareholder support for the name change proposal. The voting results show exceptional approval rates across different shareholder categories.

The voting process involved 39 members who cast a total of 4565251 valid votes. Of these, 4565249 votes were cast in favor of the resolution, while only 2 votes were against, resulting in virtually unanimous approval.

Voting Process and Timeline

The remote e-voting process was conducted with proper regulatory compliance and transparency measures. B S S & Associates, Company Secretaries, served as the scrutinizer for the postal ballot process.

The postal ballot notice was transmitted through email to eligible members whose names appeared in the Register of Members as on the cut-off date of December 19, 2025.

Resolution Details and Regulatory Requirements

The special resolution encompasses comprehensive changes to the company's constitutional documents. The approved resolution includes:

• Change of company name from "Softsol India Limited" to "Madala Holdings Limited"
• Consequent alteration in the Memorandum of Association
• Modification of Articles of Association
• Substitution of the company name across all documents and records

The resolution grants authority to Mr. Aravind Kumar Madala, Managing Director, and other authorized officials to file necessary forms and applications with regulatory authorities. The name change remains subject to approval from the Central Government, Registrar of Companies, stock exchanges, and other applicable statutory authorities.

Regulatory Compliance and Next Steps

The postal ballot was conducted in accordance with multiple regulatory frameworks, including Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI Listing Regulations. The company has fulfilled its disclosure obligations under Regulation 30 of SEBI LODR Regulations by informing BSE Limited about the voting results.

The voting results and scrutinizer's report have been made available on the company's website at www.softsolindia.com and on KFin Technologies Limited's website at www.kfintech.com . The implementation of the name change will proceed upon receiving necessary regulatory approvals from the concerned authorities.

Softsol India Limited , a company listed on the BSE, has announced a significant corporate action that could reshape its identity. The Board of Directors of the company has approved a proposal to change the company's name from "Softsol India Limited" to "Madala Holdings Limited" or any other name as may be approved by the Registrar of Companies (ROC).

Key Details of the Proposed Name Change

Implications and Process

The proposed name change, if implemented, would significantly alter the company's corporate identity and branding. However, it's important to note that this change is not yet final. The process involves several steps:

1. Board Approval: Achieved through the circular resolution on November 20, 2025.
2. Shareholder Approval: The next crucial step in the process.
3. Regulatory Approval: Final approval from the Registrar of Companies is required.

Regulatory Compliance

The company has duly informed the BSE Limited about this development, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This transparency ensures that all stakeholders, including shareholders and potential investors, are kept informed about significant corporate actions.

What This Means for Stakeholders

While the reasons for the proposed name change have not been disclosed in the available information, such actions often signify a shift in company strategy, focus, or ownership structure. Shareholders and investors may want to keep a close eye on further announcements from Softsol India Limited for more details on the rationale behind this proposed change and its potential implications for the company's future direction.

As the process unfolds, more information is likely to emerge, particularly when the proposal is presented to shareholders for their approval. Stakeholders are advised to stay tuned for updates on this corporate action.