This is a regulatory disclosure submitted to BSE Limited and the National Stock Exchange of India Limited pursuant to Regulation 44 of the SEBI LODR Regulations, 2015. The document intimates the exchanges of the results of a postal ballot process conducted by the company.

The postal ballot was initiated via a notice dated May 11, 2026, to seek shareholder approval for two resolutions:

1. A Special Resolution for the reappointment of Mr. Atul Rasiklal Desai (DIN: 01918187) as an Independent Director for a second term of three years.

2. An Ordinary Resolution for the appointment of Mr. Abhijeet Jhawar (DIN: 11536278) as a Director of the company.

The remote e-voting process was conducted in accordance with the Companies Act, 2013, and its rules, MCA circulars, and SEBI LODR Regulations. The voting commenced on May 15, 2026 (9:00 AM IST) and concluded on June 13, 2026 (5:00 PM IST). The cut-off date for determining shareholder eligibility to vote was May 8, 2026. The total voting capital of the company as of the cut-off date was ₹16,74,22,356, consisting of 8,37,11,178 equity shares of ₹2 each.

Mr. Ankush Agarwal (COP: 14486), Partner of M/s. MAKS & Co., Company Secretaries (FRN P2018UP067700), was appointed as the Scrutinizer for the process. The Scrutinizer submitted his report on June 15, 2026, confirming the process was conducted in a fair and transparent manner.

Voting Results

Based on the Scrutinizer's report, both resolutions were passed with the requisite majority. The detailed results are as follows:

Resolution 1: Reappointment of Mr. Atul Rasiklal Desai (Special Resolution)

  • Total Valid Remote e-Votes Cast: 6,24,17,679
  • Votes in Favour: 6,24,04,049 (99.978% of votes cast)
  • Votes Against: 13,630 (0.022% of votes cast)

Resolution 2: Appointment of Mr. Abhijeet Jhawar (Ordinary Resolution)

  • Total Valid Remote e-Votes Cast: 6,24,17,679
  • Votes in Favour: 6,24,04,111 (99.978% of votes cast)
  • Votes Against: 13,568 (0.022% of votes cast)

The disclosure also includes a detailed breakdown of votes by shareholder category (Promoter & Promoter Group, Public Institutions, Public Non-Institutions), which shows unanimous approval from Promoters and Public Institutions for both resolutions. A small fraction of votes against came from the Public Non-Institutions category.

The voting results and the Scrutinizer's report have been made available on the company's website (www.shalimarpaints.com) and on the website of CDSL (www.evotingindia.com).

The letter is signed by Snehal Saboo, Company Secretary & Compliance Officer (Membership No. A49811), on behalf of Shalimar Paints Limited.