Shipwaves Online Ltd

Shipwaves Shareholder Vote Results 📊: One Proposal Rejected, Three Approved

• Shareholders voted via postal ballot from Feb 4 - Mar 4, 2026, with results declared on Mar 6.

• Resolution 1 (loans/guarantees/security up to ₹500 crore) was NOT passed: 10 members (200,000 votes) in favor, 3 members (80,000 votes) against.

• Resolution 2 (loan to Shipwaves Online LLC up to ₹20 crore) was PASSED: 9 members (180,000 votes) in favor, 4 members (100,000 votes) against.

• Resolution 3 (transactions with Shipwaves Online LLC up to ₹10 crore) was PASSED: 10 members (200,000 votes) in favor, 3 members (80,000 votes) against.

• Resolution 4 (transactions with Mukka Proteins Limited up to ₹100 crore) was PASSED: 9 members (180,000 votes) in favor, 4 members (100,000 votes) against.

• Total shareholders as of Jan 30, 2026: 1,900. Total votes cast: 280,000 votes from 13 members.