Type of Meeting: Postal Ballot through remote e-voting only
Cut-off Date for Voting Rights: Friday, September 4, 2026
Voting Period: Monday, September 14, 2026 (9:00 AM IST) to Tuesday, October 13, 2026 (5:00 PM IST)
Results Declaration: On or before Thursday, October 15, 2026
Proposed Resolution and Implications
Item No. 1: Appointment of Mr. Neeraj Swaroop (DIN: 00061170) as Non-Executive Independent Director
Term: Three years from August 14, 2026 to August 13, 2029
Not liable to retire by rotation
Remuneration: ₹30 lakhs per annum as approved by members on August 1, 2023
Voting Process
Voting Method: Remote e-voting only (no physical polling)
Service Provider: KFin Technologies Limited, Registrar and Transfer Agent
The company has two categories of equity shares (Fully Paid-up and Partly Paid-up), requiring separate e-voting events
Individual shareholders in demat mode can vote through NSDL or CDSL platforms using their demat credentials
Other shareholders receive login credentials via email
Scrutinizer Appointment
Mr. Y Ravi Prasada Reddy (Membership No. FCS 5783), Proprietor of RPR & Associates, Company Secretaries (CP No. 5360), Hyderabad appointed as Scrutinizer
Scrutinizer will unlock votes in presence of at least two witnesses not employed by the company
Scrutinizer's Report will be placed on company website and stock exchanges
Compliance Statements
Compliance with: Section 110 of Companies Act, 2013; Rule 22 of Companies (Management and Administration) Rules, 2014; Regulation 44 of SEBI LODR Regulations; Secretarial Standard SS-2; MCA Circulars dated April 8, 2020, April 13, 2020, September 25, 2023, September 19, 2024, and September 22, 2025
Mr. Swaroop meets independence criteria under Section 149(6) of Companies Act and Regulation 16(1)(b) of SEBI Listing Regulations
He has submitted DIR-2 consent, DIR-8 disqualification declaration, and independence declaration
Director Background
Name: Mr. Neeraj Swaroop (DIN: 00061170)
Date of Birth: July 15, 1958 (68 years)
Education: Mechanical Engineering from IIT-Delhi, MBA from IIM Ahmedabad
Experience: Over 40 years in FMCG and financial services industries
Previous Role: Regional CEO, South-East Asia and Singapore at Standard Chartered
Current Directorships: 3 listed companies in India (Avanse Financial Services, HDFC Securities, SBFC Finance)
Previous Association: Non-Executive Nominee Director of Spandana from August 4, 2022 to August 13, 2026
