Shukra Pharmaceuticals Limited has successfully concluded its postal ballot process through remote e-voting, with shareholders providing overwhelming support for continuing the directorship of an independent director beyond the statutory age limit. The company announced the voting results on January 05, 2026, following the completion of the e-voting period.

Postal Ballot Resolution Details

The postal ballot focused on a single special resolution to approve the continuation of Mr. Jitendra Somchand Shah (DIN: 01609325) as Non-Executive Independent Director beyond the age of 75 years in his current tenure. The resolution was deemed necessary as per regulatory requirements for directors exceeding the standard age limit.

Voting Process and Timeline

The remote e-voting process was conducted exclusively through electronic means, in accordance with MCA circulars and SEBI regulations. The voting commenced on Thursday, December 04, 2025, at 09:00 AM (IST) and concluded on Saturday, January 03, 2026, at 05:00 PM (IST). National Securities Depository Limited (NSDL) provided the e-voting platform for the process.

Overwhelming Shareholder Support

The voting results demonstrated strong shareholder confidence in the director's continuation. Out of 23,733 total shareholders on the record date, 50 members participated in the voting process. The resolution received exceptional support with 99.99% votes in favor.

Category-wise Voting Breakdown

The voting pattern showed strong support across different shareholder categories. Promoter and Promoter Group held 223,135,600 shares and cast 9,760,000 votes entirely in favor of the resolution. Public Non-Institutions category, holding 214,743,840 shares, cast 49,884 votes with 48,776 in favor and 1,108 against.

Regulatory Compliance and Scrutiny

Mrs. Rupal Patel, Practicing Company Secretary (C.P. No. 3803), served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirmed the validity of the voting process and declared the resolution as passed with the requisite majority. The entire process was conducted in compliance with Section 108 and Section 110 of the Companies Act, 2013, and SEBI Listing Regulations.

The company has fulfilled all regulatory requirements by submitting the voting results to BSE Limited and uploading the details on its website for stakeholder transparency.

Purple Finance Limited has successfully completed its postal ballot process on January 2, 2026, with both proposed resolutions receiving overwhelming shareholder approval. The company announced the voting results on January 5, 2026, following scrutiny by appointed scrutinizer CS Abhilasha Chaudhary of Abhilasha Chaudhary & Associates.

Postal Ballot Process and Timeline

The e-voting process commenced on December 4, 2025, at 9:00 AM IST and concluded on January 2, 2026, at 5:00 PM IST. The postal ballot notice was circulated to shareholders on December 3, 2025, in compliance with the Companies Act, 2013, and SEBI LODR Regulations, 2015.

Resolution Details and Voting Results

Both resolutions were categorized as ordinary resolutions and received strong shareholder support. The first resolution involved the regularization of Mr. Sandeep Jindal (DIN: 00402046) as Non-Executive Non-Independent Director, while the second addressed the re-classification of shareholders from "Promoter Group" category to "Public" category.

Resolution 1: Director Regularization

Resolution 2: Shareholder Reclassification

Shareholding Structure and Participation

The voting results revealed the company's shareholding composition as of the record date. Out of 54,424,212 total shares, the promoter and promoter group held 19,723,973 shares, while public institutions and non-institutions held 2,023,834 and 32,676,405 shares respectively.

The overall participation rate stood at 22.35% of outstanding shares, with 12,164,916 votes polled out of the total eligible shares. The promoter group demonstrated strong participation with 60.44% of their holdings voted, while public non-institutional shareholders showed 0.75% participation.

Regulatory Compliance and Documentation

The postal ballot process was conducted in full compliance with applicable regulations, including the Companies Act, 2013, MCA circulars, and SEBI LODR Regulations. CS Abhilasha Chaudhary (COP: 23604) served as the scrutinizer, ensuring fair and transparent voting procedures throughout the process.

The company has made the voting results and scrutinizer's report available on its website at www.purplefinance.in , maintaining transparency with stakeholders. Both resolutions are deemed passed effective January 2, 2026, marking successful completion of the corporate governance process.