Date: September 30, 2026

KMP / Board / Auditor Changes

Appointment of Independent Directors:

  • Mr. Aninda Chatterjee (DIN: 01760865) - Proposed as Non-Executive Independent Director for 5 years from September 12, 2026 to September 11, 2031. Certified Independent Director, qualified CA, ICWA, and XLRI alumnus with 37 years experience in business turnaround and financial restructuring. Former VP (Finance) and CFO at Mijunction Services Limited (Tata Steel & SAIL JV), MD & ED at WBEIDC.
  • Mr. Himanshu Ranjan (DIN: 10950872) - Proposed as Non-Executive Independent Director for 5 years from September 12, 2026 to September 11, 2031. Executive Director with 37 years at Indian Oil Corporation Limited, specializing in quality control and energy management. B.E. Mechanical Engineering graduate from BIT Sindri.
  • Mr. Rishi Bajoria (DIN: 00501157) - Proposed as Non-Executive Independent Director for 5 years from September 12, 2026 to September 11, 2031. Graduate from St. Xavier's College, Calcutta with Diploma in Capital Planning & Marketing from Babson College, USA. Experience in jute manufacturing, garment manufacturing, and real estate since 1996.
  • Mrs. Charu Rajgharia (DIN: 05329700) - Proposed as Non-Executive Independent Director for 5 years from September 12, 2026 to September 11, 2031. Graduate from Hindu College, Delhi with Diploma in Interior Design from Jenson & Nicholson. Eminent project designer operating in Kolkata under Design Definitions brand.

Appointment of Non-Executive Non-Independent Director:

  • Mr. Amit Agarwalla (DIN: 00413345) - Proposed as Non-Executive Non-Independent Director for 5 years from September 12, 2026 to September 11, 2031. MBA in Finance from Manchester Business School, UK. Chief Financial Officer of Frontier Warehousing Limited for past sixteen years.

Appointment of Managing Director:

  • Mr. Gautam Agarwalla (DIN: 00413204) - Proposed as Managing Director for 5 years from September 12, 2026 to September 11, 2031. Graduate in Finance, Marketing, and Economics from Wharton Business School, University of Pennsylvania, USA. Managing Director of Frontier Warehousing Limited since 1996.

Remuneration for Mr. Gautam Agarwalla as Managing Director: Rs. 1,00,000 per annum plus provident fund (up to 12% of basic), gratuity (up to 4.81% of basic), leave travel allowance, insurance coverage, utilities reimbursement, and expense reimbursements. All independent directors to receive sitting fees for board/committee meetings.

Board Meeting Outcomes

The Board of Directors at their meeting held on September 12, 2026 approved:

  • Appointment of all six directors as Additional Directors with effect from September 12, 2026
  • Terms and conditions of appointment for each director
  • Recommendation to shareholders for approval through postal ballot

Voting Process Details

Remote e-voting period: October 13, 2026 (9:00 AM IST) to November 11, 2026 (5:00 PM IST)

Cut-off date for voting eligibility: September 25, 2026

Voting service provider: National Securities Depositories Limited (NSDL)

Scrutinizer: Ritu Bajaj (Membership No. FCS 9913; CP-11933) of Messrs. AR Bajaj & Associates

Results declaration: On or before November 13, 2026

Document Availability

The Postal Ballot Notice is available on company website (www.kesocorp.com), stock exchange websites (BSE, NSE, CSE), and NSDL website (www.evoting.nsdl.com). Physical copies are not being sent to members; only electronic communication to registered email addresses.