Meeting Details

This is a Postal Ballot process, not a physical meeting. The process is conducted through remote e-voting only, in accordance with Sections 108 and 110 of the Companies Act, 2013 and relevant rules.

Proposed Resolutions and Implications

Resolution No. 01: Appointment of Mr. Santosh Muchhal (DIN: 00645172) as an Independent Director for a term of five consecutive years effective from October 17, 2026 to October 16, 2031. This is a Special Resolution requiring shareholder approval. Mr. Muchhal was initially appointed as an Additional Non-Executive Independent Director by the Board of Directors with effect from October 17, 2026, subject to shareholder approval.

Voting Process and Methods

The voting is conducted exclusively through remote e-voting process facilitated by Central Depository Services (India) Limited (CDSL). The Company has engaged CDSL for facilitating e-voting. The process follows SEBI circulars including SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023 and SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020.

Individual shareholders holding securities in demat mode can vote through their demat accounts maintained with depositories (CDSL/NSDL) and Depository Participants. Shareholders holding shares in physical mode and non-individual shareholders in demat mode must use the CDSL e-voting system at www.evotingindia.com.

Key Voting Details

Voting Period: Commences at 09:00 am IST on Wednesday, November 04, 2026 and concludes at 05:00 pm IST on Thursday, December 03, 2026.

Cut-off Date for Eligibility: Friday, October 30, 2026. Only members whose names appear in the Register of Members/List of Beneficial Owners as on this date are eligible to vote.

Voting Rights: Voting rights are reckoned on the paid-up value of shares registered in the name of the member on the cut-off date.

Scrutinizer's Role

Mr. Manish Maheshwari, Practicing Company Secretary (Membership No. 5174 and CP No. 3860) with office at 301, Shalimar Corporate Centre, 8 B, South Tukoganj, Indore, Madhya Pradesh 452001, has been appointed as the Scrutinizer to conduct the postal ballot voting and remote e-voting process in a fair and transparent manner.

The Scrutinizer will submit his report to the Chairman of the Company after completion of scrutiny. The results will be announced not later than two working days from the conclusion of e-voting, specifically on or before December 05, 2026 (Saturday) not later than 05:00 PM (IST) at the Registered Office of the Company.

Compliance Confirmation

The process complies with:

  • Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Sections 108 and 110 of the Companies Act, 2013
  • Rule 22 of the Companies (Management and Administration) Rules, 2014
  • General Circular No. 3/2025 dated September 22, 2025 issued by Ministry of Corporate Affairs
  • Secretarial Standard on General Meetings (SS-2) issued by ICSI
  • Various SEBI circulars on e-voting facilities

The resolution, if passed, shall be deemed to have been passed on December 03, 2026, being the last date specified for completion of e-voting.

Additional Information

The explanatory statement provides detailed background on Mr. Santosh Muchhal:

  • Age: 62 years
  • Qualification: Chartered Accountant (ICAI)
  • Experience: 34 years professional experience
  • Current positions: Co-founder of Muchhal & Gupta, Chartered Accountants; Board member of Indore Management Association
  • Other directorships: Parekhplast India Limited (CIN: U25200MH1999PLC119191) and Shriji Polymers (India) Limited (CIN: U51102MP1996PLC011027)
  • Committee memberships: Chairman of Audit Committee and Nomination & Remuneration Committee in Parekhplast India Limited; Member of multiple committees at Shriji Polymers (India) Limited
  • Remuneration: Will receive sitting fees for attending Board and Committee meetings within prescribed limits, along with reimbursement of actual expenses
  • Shareholding: Holds no shares in InfoBeans Technologies Ltd
  • Pecuniary relationship: Has no direct or indirect pecuniary relationship with the Company

The notice was published in one English national daily newspaper and one regional daily newspaper (Hindi) as required by rules.