Frontier Springs Limited has issued a Postal Ballot Notice pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is being sent to members whose names appear in the Register of Members/Beneficial Owners as of July 24, 2026 (the cut-off date), seeking their approval for special business via remote e-voting.

Nature of the Event

The disclosure is an intimation of a Postal Ballot process for shareholder approval of the appointment of an Independent Director, as required under SEBI LODR Regulations.

Key Resolution Details

The special business involves the appointment of Shri Sushil Kumar Luthra (DIN: 08483203) as a Non-Executive Independent Director. He was initially appointed as an Additional Director (Non-Executive Independent Director) by the Board on May 28, 2026, based on the recommendation of the Nomination and Remuneration Committee. The resolution seeks shareholder approval for his appointment for a term of five consecutive years, from May 28, 2026, to May 27, 2031. He will not be liable to retire by rotation.

Voting Process and Timeline

The remote e-voting period will commence on Tuesday, July 28, 2026, at 9:00 AM IST and end on Wednesday, August 26, 2026, at 5:00 PM IST. The e-voting module will be disabled after this period, and votes once cast cannot be changed.

The company has appointed Mr. S. K. Gupta (FCS-2589) and, in his absence, Ms. Divya Saxena (FCS-5639), Partners of M/s. S. K. Gupta & Co., Company Secretaries, as the Scrutinizer to conduct the Postal Ballot process. The company has engaged National Securities Depository Limited (NSDL) for facilitating e-voting and Alankit Assignments Ltd. as the Registrar and Transfer Agent (RTA).

The results of the e-voting will be declared on or before Friday, August 28, 2026, at the company's registered office and will be displayed on the company's website (www.frontiersprings.co.in), the RTA's website (https://www.alankit.com), and NSDL's website (www.evoting.nsdl.com).

Background and Rationale for the Appointment

The appointment is proposed to broaden the Board's strength and comply with SEBI LODR Regulations regarding Board composition, following the cessation of Shri Nimesh Mukerji (DIN: 07705885), an Independent Director, due to his death. Regulation 17(1C) of the SEBI LODR requires shareholder approval for such an appointment at the next general meeting or within three months, whichever is earlier.

The company has received a notice in writing from a member under Section 160(1) of the Companies Act, 2013, proposing Shri Luthra's candidature.

Director Profile

Shri Sushil Kumar Luthra is 69 years old and holds degrees in Mechanical, Electrical, and Metallurgical Engineering. He is a Member of the Institution of Engineers (India). He is a railway professional with over 32 years of experience in Indian Railways (IRSME cadre), having served as Chief Administrative Officer of Diesel Modernisation Works (DMW), Patiala, and in other key positions such as Divisional Railway Manager, Jabalpur, and Additional Divisional Railway Manager, Allahabad. He has also worked on deputation with RITES Limited and served as an Advisor and Director on the Board of All Fresh Supply Management Private Limited until December 2024. He is presently associated as an Editor of Rail Business Magazine.

He has given his consent to act as a director and has confirmed that he meets the independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI LODR. He is not disqualified under Section 164 of the Act. He holds no shares in the company and has no relationship with other directors or KMPs. He attended one Board meeting in FY 2026-27 up to the notice date.

Inspection of Documents

A draft Letter of Appointment for the Independent Director and all relevant documents are available for inspection at the company's registered office from the date of dispatch until August 26, 2026, during business hours (2:00 PM to 5:00 PM IST on working days). Electronic inspection can be requested via email at c.s@frontiersprings.co.in.

Impact

No financial impact is quantified in the disclosure. The appointment is a governance action to reconstitute the Board with an independent director.