Key Resolution Details

Item No. 1: Authorization to accept loan from Mr. Sachidanand Hariram Upadhyay with conversion option

  • Lender: Mr. Sachidanand Hariram Upadhyay (Promoter and Managing Director of the company)
  • Facility Amount: Unsecured loan of up to ₹100,00,00,000/- (Rupees One Hundred Crores only)
  • Purpose: Working capital requirements, business expansion, and general corporate purposes
  • Interest Rate: Nil (0% p.a.) - no interest shall accrue or be payable
  • Conversion Option: The loan may, at the option of the lender and the company, be converted in whole or in part into fully paid-up equity shares of the company
  • Conversion Terms: To be determined in accordance with SEBI (Issue of Capital and Disclosure Requirements) Regulations at the time of conversion
  • Share Ranking: Shares allotted upon conversion will rank pari-passu with existing equity shares and carry rights to proportionate dividends from date of conversion
  • Lock-in: Subject to lock-in for such period as prescribed under applicable regulations
  • Repayment: The loan will be repayable on demand by the directors at any time in future

Voting Arrangements

  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Voting Period: Commences at 9:00 a.m. (IST) on Tuesday, October 27, 2026, and ends at 5:00 p.m. (IST) on Wednesday, November 25, 2026
  • Cut-off Date: Friday, October 23, 2026 (for determining eligibility to vote)
  • Results Declaration: On or before Friday, November 27, 2026
  • Results Display: Company website (https://lordsmark.com/), NSDL website (www.evoting.nsdl.com), and communicated to BSE Limited

Scrutinizer Appointment

Ms. Geeta Serwani, proprietor of Geeta Serwani & Associates, Practicing Company Secretary, has been appointed as Scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Shareholder Communication

  • The Postal Ballot Notice is being sent only through electronic mode to members whose email addresses are registered as of the cut-off date
  • Physical copies are not being sent to members
  • Members holding shares in physical form who haven't registered their email address are requested to submit Form ISR-1 to the Registrar & Share Transfer Agent, Purva Sharegistry (India) Pvt. Ltd

Lender Declaration

The explanatory statement notes that Mr. Sachidanand H. Upadhyay has declared that the loan amount is from his own funds and not from borrowed funds or deposits from any other person.

Document Availability

All documents referred to in the Postal Ballot Notice are available for electronic inspection by members without any fee from the date of circulation until the last date of e-voting.

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