Meeting Details

  • Type of Meeting: Postal Ballot (remote e-voting only)
  • Cut-off Date: October 23, 2026 (for shareholder eligibility)
  • Voting Period: October 28, 2026 (10:00 AM IST) to November 26, 2026 (5:00 PM IST)

Proposed Resolutions and Implications

Item No. 1: Re-appointment of Mr. Jayesh Chakravarthi as Independent Director

  • Resolution Type: Special Resolution
  • DIN: 08345495
  • Current Term Expiry: January 24, 2027
  • Proposed New Term: January 25, 2027 to January 24, 2032 (5 years)
  • Remuneration: Sitting fees, reimbursement of expenses, and profit-related commission
  • Not liable to retire by rotation

Item No. 2: Re-appointment of Ms. Arundhati Mech as Independent Director

  • Resolution Type: Special Resolution
  • DIN: 09177619
  • Current Term Expiry: February 10, 2027
  • Proposed New Term: February 11, 2027 to February 10, 2030 (3 years)
  • Remuneration: Sitting fees, reimbursement of expenses, and profit-related commission
  • Not liable to retire by rotation

Item No. 3: Appointment of Mr. Jimmy Tata as Non-Executive Director (HDFC Bank Nominee)

  • Resolution Type: Ordinary Resolution
  • DIN: 06888364
  • Term: October 22, 2026 to July 31, 2028
  • RBI Approval: Received for appointment until July 31, 2028
  • Remuneration: No sitting fees or remuneration; only travel allowance/reimbursement
  • Liable to retire by rotation

Voting Process and Methods

  • Voting Method: Remote e-voting only (no physical polling)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Eligibility: Shareholders of record as of October 23, 2026
  • Notification: Electronic mode only to registered email addresses
  • Voting Rights: Proportional to paid-up equity shares held as of cut-off date
  • No proxy voting allowed

Scrutinizer Appointment

  • Name: Mr. Mitesh Shah of M/s. Mitesh J. Shah & Associates
  • Role: To conduct postal ballot in fair and transparent manner
  • Report Submission: Within two working days after conclusion of postal ballot
  • Contact: mitesh@mjshah.com

Compliance with Laws and Regulations

  • Companies Act, 2013 (Sections 108, 110, 102, 160)
  • SEBI Listing Obligations and Disclosure Requirements Regulations, 2015 (Regulations 30, 44, 50(2))
  • Companies (Management and Administration) Rules, 2014
  • MCA Circulars: 14/2020, 17/2020, 03/2025
  • RBI Master Directions (Non-Banking Financial Company - Governance) Directions, 2025
  • Secretarial Standard on General Meetings (SS-2)

Signatories and Company Information

  • Company Secretary: Dipti Jayesh Khandelwal (Membership No. F11340)
  • Corporate Office: HDB House, Tukaram Sandam Marg, A-Subhash Road, Vile Parle (E), Mumbai - 400057
  • RTA: MUFG Intime India Private Limited

Additional Information

  • Results will be announced within two working days after conclusion of postal ballot on company website
  • Relevant documents available for electronic inspection until November 26, 2026
  • Institutional members must submit board resolutions/authority letters to scrutinizer
  • Helpdesk contacts provided for technical voting assistance
  • Detailed director profiles and qualifications provided in explanatory statement