MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

189 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS Details of Combined Voting Results (i.e. result of remote e-voting together with that of the e-voting conducted at the Meeting) of the above Resolution are as under: Type of voting Number of Members voted Percentage of Members voted Number of votes cast Percentage of total number of votes cast Result Votes in favour of the resolution 2,437 98.9042 101,10,22,097 99.9988 Passed with the requisite majority Votes against the resolution 27 1.0958 12,069 0.0012 Total 2,463* 100.00 101,10,34,166 100.00 * 1 Member has voted partially in favour and partially against the Resolution and hence has been reckoned only once in the Total. Notice of the Meeting: • The Notice of the Meeting along with the statement setting out material facts under section 230(3) read with Section 102 and other applicable provisions of the Companies Act, 2013, was sent on 16 th July, 2022 to the Equity Shareholders in respect of the Resolution proposed at the Meeting. • The Equity Shareholders of the Company holding shares as on the cut-off date of 12 th August, 2022 were entitled to vote on the resolution as contained in the Notice of the Meeting. • In pursuance of the directions issued by the NCLT pursuant to its Order, the Company had duly released an advertisement intimating the calling of the NCLT convened meeting of the Equity Shareholders and dispatch of Notice, in English newspaper viz. “Business Standard”, having nation - wide circulation and in Marathi Newspaper viz. “Navshakti”, having circulation in Maharashtra on 19 th July, 2022. Procedure adopted for Remote E-voting: • In terms of the Order and in compliance with the provisions of section 230(4) read with section 108 of the Act read with Rule 20 of the Companies (Management and Administration) Rules, 2014, as amended and in accordance with Regulation 44 of Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated 9 th December, 2020 and Secretarial Standard – 2 on General Meetings issued by the Institute of Company Secretaries of India, Members were provided with the facility to cast their vote electronically, through the e-voting services provided by KFin on Resolution set forth in the Notice, through remote e-voting. • The remote e-voting period commenced on Monday, 15 th August, 2022 (9:00 a.m. IST) and ended on Thursday, 18 th August, 2022 (5:00 p.m. IST). • The procedure for e-voting during the Meeting was same as that for remote e-voting since the Meeting was held through VC/OAVM. The e-voting window was activated upon instructions of the Chairman of the Meeting during the Meeting. E-voting during the Meeting was integrated with the VC/OAVM platform and the Members/ Shareholders, who were present in the Meeting through VC/OAVM facility and had not cast their vote on the Resolution through remote e-voting and were otherwise not barred from doing so, were eligible to vote through e-voting system in the Meeting. Scrutiniser Report • The Scrutiniser submitted his combined report on 19 th August, 2022. The resolution was passed on Friday, 19 th August, 2022.