Key Quantitative Figures and Dates

  • Cut-off date for voting eligibility: Friday, May 29, 2026
  • E-voting period: Saturday, June 06, 2026 at 9:00 a.m. (IST) to Sunday, July 05, 2026 at 5:00 p.m. (IST)
  • Result declaration date: On or before Tuesday, July 07, 2026
  • Number of resolutions: 7 director appointment resolutions

Parties Involved

  • Stock Exchange: BSE Limited
  • Registrars and Transfer Agent: Purva Sharegistry India Pvt Ltd
  • Depositories: National Securities Depository Limited (NSDL) and Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Ms. Sonam Jain, Practicing Company Secretary

Director Appointment Details

Special Resolution 1: Appointment of Mr. Amit Balgotra (DIN: 11648446)

  • Role: Non-Executive Independent Director
  • Initial Appointment Date: April 07, 2026
  • Proposed Term: April 07, 2026 to April 06, 2027 (1 year)
  • Qualifications: B.Com General
  • Experience: 17 years in plastics industry with expertise in operations management, production planning, quality assurance
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board

Special Resolution 2: Appointment of Mr. Jatin (DIN: 11648564)

  • Role: Non-Executive Independent Director
  • Initial Appointment Date: April 07, 2026
  • Proposed Term: April 07, 2026 to April 06, 2027 (1 year)
  • Qualifications: MBA from Chennai
  • Experience: 5 years in mobile and electronic accessories industry
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board

Special Resolution 3: Appointment of Mr. Anil Kumar Kothari (DIN: 11650504)

  • Role: Non-Executive Independent Director
  • Initial Appointment Date: April 07, 2026
  • Proposed Term: April 07, 2026 to April 06, 2027 (1 year)
  • Qualifications: Graduate
  • Experience: Experience in finance, lighting, electrical products, and insurance sectors
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board

Ordinary Resolution 4: Appointment of Ms. Preeti Kiran Mehta (DIN: 10538512)

  • Role: Non-Executive Non-Independent Director
  • Initial Appointment Date: May 29, 2026
  • Qualifications: BBA and MBA
  • Experience: 15 years in textile marketing and business development
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board
  • Relationship: Wife of Mr. Paras Chand Jain, Director of the Company

Ordinary Resolution 5: Appointment of Mr. Nitesh Jain (DIN: 10630217)

  • Role: Non-Executive Non-Independent Director
  • Initial Appointment Date: May 29, 2026
  • Qualifications: Bachelor of Commerce (B.Com)
  • Experience: Insurance industry and its ancillary services
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board
  • Directorships: Spacenest Designs Private Limited, ICM Insurance Brokers Private Limited

Ordinary Resolution 6: Appointment of Mr. Bhavesh Bhairaram Lohar (DIN: 10238291)

  • Role: Non-Executive Non-Independent Director
  • Initial Appointment Date: Originally appointed as Non-Executive Independent Director on April 7, 2026; designation changed on May 29, 2026
  • Qualifications: Chartered Accountant
  • Experience: 10 years in accounting, finance, and regulatory compliance
  • Remuneration: Sitting fees for board/committee meetings as approved by the Board
  • Shareholding: 2,70,779 shares as on May 12, 2026
  • Directorships: Saffron Factory Infomatics Private Limited

Special Resolution 7: Appointment of Mr. Paras Chand Jain (DIN: 10292545)

  • Role: Whole-Time Director
  • Initial Appointment Date: April 07, 2026
  • Proposed Term: April 07, 2026 to April 06, 2027 (1 year)
  • Qualifications: Graduate
  • Experience: Insurance agent and advisor with experience in risk management and financial protection services
  • Remuneration: No remuneration payable for the current financial year due to company losses. Future remuneration to be determined by Board/Nomination and Remuneration Committee within approved limits
  • Relationship: Husband of Ms. Preeti Kiran Mehta, Director of the Company
  • Directorships: ICM Insurance Brokers Private Limited

Voting Process Details

  • E-voting service provider: Purva Sharegistry India Pvt Ltd
  • Voting method: Remote e-voting only (no physical voting)
  • Eligibility: Members registered as of cut-off date (May 29, 2026)
  • Voting rights: Proportional to paid-up equity share capital as on cut-off date
  • Result determination: Special resolutions require approval by not less than three times the number of votes cast against the resolution

Financial Impact

No immediate financial impact disclosed for director appointments beyond sitting fees for board/committee meetings. For Mr. Paras Chand Jain (Whole-Time Director), no remuneration is payable for the current financial year due to company losses.

Governance Compliance

All proposed directors have provided necessary statutory disclosures and declarations including:

  • Written consent to act as director (Form DIR-2)
  • Intimation confirming non-disqualification (Form DIR-8)
  • Declaration of meeting independence criteria under Section 149(6) of Companies Act
  • Compliance with registration requirements for Independent Directors

Document Availability

The Postal Ballot Notice is available on:

  • Company website: https://ikoma.co.in/investor-relation?cat=postal-ballot
  • BSE website: www.bseindia.com
  • RTA website: https://www.purvashare.com/