Team India Guaranty Director Appointment Postal Ballot

Type of Meeting: Postal Ballot (remote e-voting only)
Cut-off Date for Eligibility: Tuesday, July 14, 2026
Notice Dispatch Date: July 16, 2026 (via email only)
No physical meeting required - conducted entirely through postal ballot/e-voting mechanism

Regularization of Appointment of Mr. Sanjiv Swarup (DIN: 00132716) as Non-Executive Independent Director:

Initially appointed as Additional Non-Executive Independent Director effective May 29, 2026
Seeking approval for 5-year term from May 29, 2026 to May 28, 2031
Not liable to retire by rotation
Entitled to receive sitting fees for Board/Committee meetings
Based on recommendation of Nomination and Remuneration Committee

Voting Method: Remote e-voting only through CDSL platform
No physical ballot forms or hard copies dispatched
E-voting Period: Saturday, July 18, 2026 at 9:00 AM IST to Sunday, August 16, 2026 at 5:00 PM IST
Facility disabled immediately after conclusion time
Eligible Voters: Shareholders holding shares in physical or dematerialized form as of July 14, 2026 cut-off date

Scrutinizer: M/s. Aabid & Co., Company Secretaries (Membership No. FCS 6579 CP No 6625)
Responsible for fair and transparent e-voting process oversight
Will submit report to authorized company official after scrutiny

Compliance with:

Sections 108, 110, 149, 150, 152, 102 of Companies Act, 2013
Rules 20, 22 of Companies (Management and Administration) Rules, 2014
Rule 8 and 14 of Companies (Appointment and Qualification of Directors) Rules, 2014
Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Secretarial Standard on General Meetings (SS-2)
Multiple MCA General Circulars (14/2020, 17/2020, 10/2021, 20/2021, 11/2022, 09/2023)
SEBI Master Circulars (July 11, 2023 and October 07, 2023)
SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020

Age: 67 years (Date of Birth: November 19, 1958)
Nationality: Indian
Qualification: Chartered Accountant & Lawyer
Experience: 45+ years in corporate governance, management consulting, strategic advisory
Registered with Independent Directors' Databank (IICA)
Current Directorships: 8 companies including Josts Engineering, Bharat Wire Ropes, Responsive Industries
Committee Memberships: Chairperson - Audit Committee; Member - Nomination and Remuneration, CSR, Stakeholders Relationship Committees
Shareholding in Company: Nil
Not related to any Director or KMP of the company
Attendance: 1 Board meeting in FY2026-2027