Nature of the Disclosure

This is a notice for a postal ballot to seek shareholder approval for the appointment of a director, conducted entirely through electronic voting (e-voting).

Key Resolution

Appointment of Mr. Aniruddh Gandhi (DIN: 07912519) as a Non-Executive Non-Independent Director:

  • The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, appointed Mr. Aniruddh Gandhi as an Additional Director in the category of Non-Executive Non-Independent Director with effect from 18th April 2026.
  • This resolution seeks member approval to formally appoint him as a Director liable to retire by rotation.
  • His appointment is being pursued pursuant to Sections 152 and 161 of the Companies Act, 2013, SEBI Listing Regulations, and the company's Articles of Association.
  • Mr. Dipak Raval (Chairman & Managing Director), Mr. Milind Joshi (CFO), and Ms. Sonali Panchal (Company Secretary) are authorized to take necessary actions to implement this resolution.

Director Details (Mr. Aniruddh Gandhi)

  • Date of Birth & Age: 18th August 1994 (31 Years)
  • Education: Master Degree of Science in Business and Entrepreneurship from Babson College, USA; Bachelor's degree in Chemical Engineering from the University of Illinois Urbana-Champaign, USA.
  • Experience: Business development and international trade in specialty oils & lubricants; possesses analytical skills in technology and consulting roles.
  • Expertise: Specialty Oils and Lubricants Industry Knowledge; Business Development & Strategic Planning; Entrepreneurship; International Trade; Strategic Analysis; Market Expansion; Consulting.
  • Shareholding: Holds 7,83,32,880 shares, constituting 57.58% of the total shares in the company, as a Significant Beneficial Owner.
  • Directorships in other companies: Sukruti Infratech Private Limited; Anan Advisory Services Private Limited.
  • Remuneration: None drawn previously; none proposed for the directorship.
  • Relationship with other Directors/KMP: None.
  • Eligibility: Not disqualified under Section 164 of the Companies Act, 2013, and not debarred by SEBI or any other authority.

E-Voting Schedule

  • Commencement of E-Voting: Friday, 5th June 2026 at 9:00 a.m. (IST)
  • End of E-Voting: Saturday, 4th July 2026 at 5:00 p.m. (IST)
  • Cut-Off Date (Record Date): Friday, 29th May 2026
  • Result Declaration: The scrutinizer will submit a report to the Chairman after the e-voting concludes. Results will be declared within two working days from the end of e-voting and placed on the company's website (www.maximusinternational.in) and CDSL's website (www.evotingindia.com). They will also be communicated to BSE Limited.
  • Deemed Passing Date: If passed, the resolution will be deemed to have been passed on Saturday, 4th July 2026.

Voting Details

  • Voting Rights: One vote per equity share. Rights are reckoned based on the paid-up value of shares registered in the name of shareholders as of the cut-off date (29th May 2026).
  • Voting Method: Remote e-voting only. Physical ballot papers are not being sent.
  • Voting Agency: Central Depository Services (India) Limited (CDSL) has been engaged to provide the e-voting facility.
  • Scrutinizer: Mr. Kamal A. Lalani, Practicing Company Secretary (Membership No. FCS - 13814; CP No. 25395), has been appointed to scrutinize the e-voting process in a fair and transparent manner.

Regulatory & Compliance References

The notice is issued pursuant to:

  • Section 110 and 108 of the Companies Act, 2013.
  • Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014.
  • MCA General Circular Nos. 09/2024, 14/2020, 17/2020, and 03/2025.
  • Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
  • Secretarial Standard on General Meetings (SS-2).

Other Information

  • The notice is being sent only electronically to members whose email addresses are registered with the company/depositories.
  • The explanatory statement and a copy of the letter of appointment for Mr. Gandhi are available for electronic inspection by members upon request to info@maximusinternational.in.
  • Members needing help with e-voting can contact CDSL at helpdesk.evoting@cdslindia.com or toll-free no. 1800 21 09911.

#Tags: #MaximusInternational #BoardAppointment #PostalBallot #SEBIDisclosure #CorporateGovernance #Neutral