Meeting Details

This is a postal ballot process; there is no physical meeting. The entire voting process is conducted remotely. The cut-off date for determining shareholder eligibility to vote is Friday, September 25, 2026.

Summary of Proposed Resolution and Implications

The notice contains one special resolution:

Item No. 1: Appointment of Mr. Prayasvin B. Patel (DIN: 00037394) as an Independent Director

The resolution seeks to appoint Mr. Patel as an Independent Director for a term of five consecutive years, from September 22, 2026, to September 21, 2031. He was initially appointed as an Additional (Independent) Director by the Board on September 22, 2026, subject to shareholder approval. The resolution confirms that he will not be liable to retire by rotation. His remuneration will consist of fees for attending Board and Committee meetings, within the limits stipulated under Section 197 of the Companies Act, 2013.

Voting Process and Methods

The voting will be conducted exclusively through a remote e-voting process. The company has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility.

  • Voting Period: The remote e-voting commences at 9:00 A.M. (IST) on Friday, October 2, 2026, and ends at 5:00 P.M. (IST) on Saturday, October 31, 2026.
  • Eligibility: Voting rights are based on the paid-up value of shares held by members/beneficial owners as of the cut-off date, September 25, 2026.
  • Access: Detailed instructions are provided for shareholders holding shares in both dematerialized (via NSDL or CDSL) and physical form to access the NSDL e-voting system (https://www.evoting.nsdl.com/).

Key Voting Outcomes and Scrutinizer

  • Scrutinizer: Mr. Punit P. Shah, Proprietor of P. C. Shah & Co., a Practicing Company Secretary, has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner. His decision on the validity of votes will be final. He can be contacted at pcshahandco@gmail.com.
  • Result Declaration: The results of the postal ballot will be announced on or before Monday, November 2, 2026.
  • Result Publication: The results will be displayed on the company's website (www.carysil.com) and NSDL's website (https://www.evoting.nsdl.com/), communicated to the Bombay Stock Exchange (Scrip Code: 524091) and the National Stock Exchange (Trading Symbol: CARYSIL), and displayed at the company's registered office.

Compliance with Laws and Regulations

The notice explicitly states compliance with:

  • Section 110 of the Companies Act, 2013.
  • Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014.
  • Ministry of Corporate Affairs (MCA) Circulars, including General Circular No. 03/2025 dated September 22, 2025.
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • The Secretarial Standard on General Meetings (SS-2) issued by the Institute of Company Secretaries of India.

The notice was sent only by email to members whose email addresses were registered as of the cut-off date, in compliance with MCA circulars.

Names and Roles of Signatories

The notice and explanatory statement are signed by:

  • Reena Shah, Company Secretary & Compliance Officer of Carysil Limited.

The document is addressed to:

  • The Bombay Stock Exchange Limited (BSE)
  • The National Stock Exchange of India Limited (NSE)

Other Relevant Information

  • Company CIN: L26914MH1987PLC042283
  • Investor Contact: Email: investors@carysil.com; Phone: 022 4190 2000.
  • RTA: Bigshare Services Private Limited is the company's Registrar and Share Transfer Agent.
  • Document Inspection: Relevant documents are available for electronic inspection by members upon request via email to investors@carysil.com.
  • The resolution, if passed, will be deemed to have been passed on the last date of e-voting, i.e., Saturday, October 31, 2026.