U.Y. Fincorp Limited has successfully concluded its postal ballot process, with shareholders approving key corporate resolutions through remote e-voting that ended on March 11, 2026. The company announced the voting results on March 12, 2026, following the submission of the scrutinizer's report.

Voting Process Overview

The remote e-voting process commenced on February 10, 2026, at 10:00 AM and concluded on March 11, 2026, at 5:00 PM. The cut-off date for determining eligible shareholders was January 30, 2026. A total of 99 shareholders participated in the voting process, comprising 6 promoters and promoter group members and 93 public shareholders.

Resolution Results

Both resolutions presented to shareholders were passed with requisite majority. The first resolution involved a special resolution for shifting the company's registered office, while the second was an ordinary resolution for approving material related party transactions.

Resolution 1: Office Relocation

The special resolution for shifting the registered office from West Bengal to Maharashtra received overwhelming shareholder support. Out of 13,84,51,145 shares that participated in voting (representing 72.78% of total paid-up equity capital), 13,82,87,673 shares voted in favor.

Resolution 2: Related Party Transactions

The ordinary resolution for approving material related party transactions also secured shareholder approval. From the 8,42,50,015 shares that exercised voting rights, 25,03,921 shares constituted valid votes, with 99.81% supporting the resolution.

Scrutinizer's Report

Mr. Udit Agarwal, Advocate (Enrolment No. F/2135/2011) from Kamalia Associates, served as the appointed scrutinizer for the postal ballot process. The scrutinizer was appointed by the Board of Directors at their meeting held on February 4, 2026. The scrutinizer's report was submitted on March 12, 2026, confirming the validity of the voting process and results.

The voting process was conducted in compliance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized Central Depository Services (India) Limited (CDSL) for the remote e-voting facility.

Corporate Communication

In accordance with MCA circulars, the postal ballot notice was sent electronically to shareholders whose email addresses were registered with the company or depository participants. The voting results and scrutinizer's report have been made available on the company's website at www.uyfincorp.com and CDSL's e-voting platform at www.evotingindia.com .

UY Fincorp Limited (formerly known as Golden Goenka Fincorp Limited) has issued a postal ballot notice following its Board of Directors meeting held on February 4, 2026. The company has now initiated the formal shareholder approval process for key corporate restructuring decisions through electronic voting.

Postal Ballot Notice Details

The company issued the postal ballot notice on February 9, 2026, to shareholders whose email addresses are registered with the company, depositories, or registrar and transfer agent. The notice seeks shareholder approval for two critical resolutions through remote e-voting.

Key Resolutions for Approval

The postal ballot covers two major corporate decisions that require shareholder consent. The first resolution involves the relocation of the company's registered office from West Bengal to Maharashtra, requiring a special resolution with requisite majority.

Related Party Transactions Framework

The second resolution seeks approval for material related party transactions covering an extended timeline. The transactions involve multiple entities including promoters Mr. Deepak Kothari and Mr. Udai Kothari, along with various group companies.

E-voting Process and Compliance

The company has engaged Central Depository Services (India) Limited (CDSL) to provide remote e-voting facilities. Shareholders can vote through their demat accounts or the CDSL e-voting platform without requiring physical postal ballot forms.

Mr. Udit Agarwal, Advocate (Enrolment No. F/2135/2011) of Kamalia Associates, has been appointed as the scrutinizer for conducting the postal ballot process. The voting rights will be proportionate to shareholding as on the cut-off date of January 30, 2026.

Corporate Information and Next Steps

UY Fincorp Limited currently maintains its registered office at 16, Strand Road, 9th Floor Room No. 908B, Kolkata - 700 001, West Bengal. The proposed shift aims to align the registered office location with the company's operational headquarters in Mumbai, Maharashtra, where the corporate office is located at Vaman Techno Centre, Andheri (E).

The results will be announced on or before March 12, 2026, and communicated to BSE Limited and NSE Limited where the company's shares are listed. Executive Director Dinesh Burman (DIN: 00612904) signed the regulatory filing communicating these developments to the stock exchanges.