Quadrant Future Tek Shareholders Approve ₹8.57 Crore Withdrawal from IPO Monitoring Account

Quadrant Future Tek Limited has announced the successful completion of its postal ballot process, with shareholders overwhelmingly approving the withdrawal of ₹8.57 crores from the IPO monitoring account. The company disclosed the voting results on February 14, 2026, following the conclusion of the e-voting period on February 13, 2026. Voting Results and Approval The special resolution for the withdrawal proposal received strong shareholder support, with the voting results demonstrating clear approval from the investor community. Voting Parameter: Details Total Valid Votes: 76 members (100%) Equity Shares Voted: 28,963,723 shares Paid-up Value: ₹28,96,37,230 Votes in Favour: 62 members (99.97%) Shares Supporting: 28,955,824 shares Votes Against: 14 members (0.03%) Shares Opposing: 7,899 shares Result: PASSED E-Voting Process Details The remote e-voting process was conducted in accordance with the Companies Act, 2013 and SEBI regulations. The voting period remained open from January 15, 2026 at 9:00 AM to February 13, 2026 at 5:00 PM. Members whose names appeared in the register as of the cut-off date of January 9, 2026 were eligible to participate in the voting process. The postal ballot notice was distributed on January 10, 2026, with the voting conducted entirely through electronic means via Central Depository Services (India) Limited (CDSL). The votes were unblocked on February 13, 2026 at 5:10 PM in the presence of two independent witnesses. Purpose and Compliance The approved withdrawal of ₹8.57 crores from the IPO monitoring account is specifically designated for reimbursement of issue-related expenses. This action required shareholder approval through a special resolution as mandated by regulatory requirements. Compliance Aspect: Details Scrutinizer: Girish Madan & Associates Regulatory Framework: SEBI (LODR) Regulations, 2015 Notice Date: January 10, 2026 Cut-off Date: January 9, 2026 Result Declaration: February 14, 2026 Company Secretary Puneet Khurana confirmed that the voting results and scrutinizer's report have been uploaded on the company's website and the e-voting agency's portal. The documentation includes comprehensive voting details in the format prescribed under Regulation 44(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. Scrutinizer Confirmation CS Girish Madan, the appointed scrutinizer, certified that the remote e-voting process was conducted in a fair and transparent manner. The scrutinizer's report confirmed that all procedural requirements were met and the requisite majority was achieved for the special resolution. The scrutinizer maintains custody of all relevant records and documents related to the voting process until the formal completion of the postal ballot minutes. Quadrant Future Tek Limited has released its comprehensive investor presentation showcasing strong performance for the third quarter and nine months ended December 31, 2025. The presentation, issued on February 14, 2026, under Regulation 30 of SEBI Listing Regulations, highlights significant business progress and financial growth across both specialty cables and train control systems divisions. Strong Financial Performance The company reported robust consolidated revenue growth of 23% year-over-year in Q3FY26, primarily driven by sustained traction in the specialty cables business across core end-user industries. The growth reflects the company's strategic positioning in high-performance, safety-critical applications. Business Segment: Performance Highlights Specialty Cables: Led overall revenue growth Revenue Growth: 23% YoY in Q3FY26 Customer Mix: 68% Public Sector, 32% Private Sector Manufacturing Capacity: 1,900 MT per annum KAVACH Progress and Order Book Quadrant Future Tek has made significant advancement in the KAVACH approval process, receiving the Interim Independent Safety Assessment (ISA) report for KAVACH Version 4.0. The company has built full execution readiness ahead of final vendor approval, positioning itself for swift execution of its KAVACH order book upon formal clearance. KAVACH Metrics: Details Order Book Value: ₹8,287 Million Production Capacity: ~2,200 locomotives per annum Station Units Capacity: ~4,500 units per annum Safety Standard: CENELEC SIL-4 compliance Manufacturing and Infrastructure The company operates from a backward-integrated manufacturing facility at Basma, Mohali, spanning 4.8 acres with 60,000 square feet of building space. The facility includes a 2.5 MeV Electron Beam Accelerator and cable manufacturing setup, along with software development centers in Bengaluru and Hyderabad. Market Positioning and Growth Drivers Management emphasized the company's strong positioning for the next phase of KAVACH rollout, supported by the Union Budget's continued emphasis on railway safety modernization, electrification, renewable energy capacity expansion, and EV ecosystem development. The increased capital allocation towards transportation infrastructure and energy transition initiatives provides medium-term visibility for both business segments. The company maintains strategic partnerships, including an exclusive MOU with RailTel for jointly marketing and implementing KAVACH systems in India and abroad. With IPO proceeds of approximately ₹1,305 million from marquee investors, the balance sheet remains strengthened for future growth initiatives. 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