Texmaco Infrastructure & Holdings Limited has successfully concluded its postal ballot process on January 21, 2026, with all five proposed resolutions receiving overwhelming shareholder approval. The company conducted the voting process entirely through remote e-voting, demonstrating strong corporate governance practices and shareholder participation.

Key Leadership Appointments Approved

Shareholders approved two critical leadership appointments that will shape the company's future direction. The appointment of Mr. Anish Choudhury (DIN: 09403819) as Managing Director received exceptional support, with 99.91% of valid votes cast in favor of the special resolution.

The re-appointment of Mr. Ravi Todi (DIN: 00080388) as Independent Director for a second term of five years, effective from May 14, 2026, garnered even stronger support with 99.99% approval from shareholders.

Comprehensive Voting Results

The remote e-voting process, conducted from 9:00 AM on December 20, 2025, to 5:00 PM on January 19, 2026, demonstrated robust shareholder engagement. Out of 38,875 total shareholders on the record date of December 12, 2025, significant participation was recorded across all resolution categories.

Corporate Governance and Compliance Measures

The company demonstrated exemplary compliance with regulatory requirements by conducting the postal ballot process in accordance with the Companies Act, 2013, and SEBI Listing Regulations. CA Niraj Agrawal of H. K. Agrawal & Co. served as the appointed scrutinizer, ensuring transparency and fairness throughout the voting process.

The alteration of the company's Articles of Association, another special resolution, received 99.99% shareholder approval, indicating strong confidence in the proposed governance changes. This resolution, along with the leadership appointments, reflects the company's commitment to strengthening its organizational structure.

Related Party Transactions and Remuneration Approvals

Two ordinary resolutions addressing related party transactions and executive remuneration were also approved with substantial majorities. The approval of material related party transactions with Mr. Anish Choudhury received 98.44% support from eligible voters, while the revision in remuneration for Mr. Gaurav Agarwala, Chief Executive of the Neora Unit, garnered 99.99% approval.

The voting process excluded related parties from specific resolutions as required by applicable regulations, ensuring compliance with corporate governance standards. The company's proactive approach to seeking shareholder approval for these transactions demonstrates transparency in its operations.

Strong Shareholder Participation

The postal ballot process witnessed significant shareholder engagement, with 69.52% of outstanding shares participating in the voting for major resolutions. The company facilitated the process by publishing newspaper advertisements in Financial Express and Aajkal on December 17 and December 20, 2025, ensuring broad communication reach to all stakeholders.

With all five resolutions successfully passed, Texmaco Infrastructure & Holdings has secured the necessary approvals to implement its strategic initiatives and strengthen its leadership structure for future growth.

Jyotsna Poddar has formally submitted a compliance report under Regulation 10(6) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, regarding her acquisition of 1,00,000 equity shares in Texmaco Infrastructure & Holdings Limited. The shares were acquired as a gift from her immediate relative Akshay Poddar on December 19, 2025.

Transaction Details

The share transfer was conducted as an inter-se transfer between immediate relatives, qualifying for exemption under Regulation 10(1)(a) of the SAST Regulations:

Regulatory Compliance Timeline

The transaction followed proper regulatory disclosure procedures:

Shareholding Changes

The acquisition resulted in changes to both parties' shareholding positions:

Jyotsna Poddar's Holdings

Akshay Poddar's Holdings

Company and Exchange Details

The formal report was submitted to both major Indian stock exchanges where Texmaco Infrastructure Holdings Limited shares are listed:

The transaction represents a standard inter-family transfer conducted in full compliance with SEBI regulations, with no monetary consideration involved due to its nature as a gift between immediate relatives.