Resolution Details

The company proposes a single Special Resolution for the appointment of Shri Prabhakar Raghunath Zavar (DIN: 11940187) as a Non-Executive Independent Director for a term of five consecutive years, from September 15, 2026, to September 15, 2031. The resolution is special because the appointee has attained the age of 78 years, requiring approval under Regulation 17(1A) of SEBI LODR Regulations.

Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facilities. The cut-off date for determining shareholder eligibility is Friday, September 25, 2026. The remote e-voting period commences on Friday, October 2, 2026, at 9:00 A.M. and ends on Saturday, October 31, 2026, at 5:00 P.M. The results will be declared on or before Monday, November 2, 2026, and submitted to the stock exchanges within 48 hours of the e-voting conclusion.

Scrutinizer Appointment

The Board of Directors appointed Shri Brij Mohan Maheshwari, Advocate Proprietor of M/s. B.M.M & Associates, Indore, as the Scrutinizer to ensure the postal ballot process is conducted fairly and transparently. The Scrutinizer will submit a report to the Chairperson, and the results will be hosted on the company's website, BSE, NSE, and NSDL websites.

Compliance and Documents

The notice and explanatory statement are being sent electronically to shareholders whose email addresses are registered. Physical copies are not being dispatched. All relevant documents are available for online inspection on the company's website (www.mangalamdrugs.com) and NSDL's e-voting portal (www.evoting.nsdl.com) until the last date of remote e-voting. Shareholders can request inspection via email at cs@mangalamdrugs.com.

Shareholder Eligibility and Contact Information

Shareholders holding shares in demat or physical mode as of the cut-off date are eligible to vote. The company's Registrar & Transfer Agent is MUFG Intime India Private Limited. For assistance, shareholders can contact the company at cs@mangalamdrugs.com or NSDL at evoting@nsdl.com.