Key Proposal

Item No. 1: Sub-division / Split of Equity Shares and Consequent Alteration of Memorandum of Association

The company proposes an Ordinary Resolution to sub-divide each existing equity share with a face value of ₹10 into 10 equity shares with a face value of ₹1 each.

Rationale for the Proposal

The Board of Directors believes the stock split will enhance the liquidity of the company's equity shares and encourage greater participation from retail investors by making the shares more affordable. The action is described as a purely arithmetic exercise that will not affect shareholder rights or cause any dilution of shareholding.

Capital Structure Impact

  • Pre-event share capital: The resolution specifies the sub-division applies to the entire Authorised, Issued, Subscribed, and Paid-up Share Capital.
  • Post-event share capital: The Authorised Share Capital will be altered to ₹1,00,05,00,000 (One Hundred Crore Five Lakhs) divided into 1,00,05,00,000 equity shares of ₹1 each.
  • The new shares will rank pari passu with each other in all respects.

Voting Details

  • Cut-off Date for determining voting rights: Friday, July 10, 2026.
  • Remote E-voting Period: Commences at 9:00 AM (IST) on Tuesday, July 14, 2026, and ends at 5:00 PM (IST) on Wednesday, August 12, 2026.
  • E-voting Service Provider: MUFG Intime India Private Limited (formerly Link Intime India Private Limited).
  • Scrutinizer: CS Yatin Sangani (Membership No. ACS: 33246; CP No: 22681) of M/s Yatin Sangani & Co. has been appointed to scrutinize the voting process.

Result Declaration

The results of the postal ballot, along with the Scrutinizer's Report, will be announced and uploaded on the company's website (www.cordeliacruises.com) and the website of MUFG (https://instavote.linkintime.co.in) after the e-voting period concludes. The results will also be communicated to BSE Limited and the National Stock Exchange of India Limited.

Effective Date

The resolutions, if approved, will be deemed to have been passed on the last date of the e-voting period, Wednesday, August 12, 2026. The Board of Directors is authorized to fix a subsequent Record Date for implementing the stock split.

Document Availability

The full Postal Ballot Notice is available on the company's website and the websites of the stock exchanges (BSE and NSE). It was dispatched electronically to all members whose email addresses were registered with the company/depositories/RTA as of the cut-off date.

Authorizations

The Board of Directors, Mr. Jurgen Bailom (Executive Director & CEO), and Mr. Ankit Shah (Company Secretary) are severally authorized to undertake all necessary actions to implement the stock split, including filing forms with the Registrar of Companies, seeking regulatory approvals, and fixing the Record Date.