Pioneer Embroideries Limited has submitted the minutes of resolutions passed by its members through postal ballot, including remote e-voting. The results of this postal ballot were declared on January 5, 2026. The company conducted this process to obtain shareholder approval for significant corporate decisions.

The voting period for the postal ballot commenced on December 5, 2025, and concluded on January 3, 2026. The minutes detail two Ordinary Resolutions that were deemed to have passed on January 3, 2026, with the required majority.

The first resolution concerned the appointment of Mr. Saurabh Maheshwari as the Managing Director for a period of 5 years, effective October 14, 2025. His remuneration was approved at a maximum of ₹4,50,000 per month, including perquisites, with the Board authorized to vary this within statutory limits. The second resolution approved the appointment of Mr. Vishal Sekhani as an Executive Director for a period of 5 years, effective October 14, 2025, with a remuneration not exceeding ₹2,25,000 per month, including perquisites. The Board is also authorized to adjust this remuneration within legal parameters.

Both resolutions were passed via remote e-voting, with a significant majority voting in favor. The detailed voting results, including the number of shareholders and votes cast for and against each resolution, are documented in the submitted minutes.