3P Land Holdings Seeks Shareholder Approval for BPIL Loan Security

Type of Meeting: Postal Ballot (Remote e-voting only)
Cut-off Date: Friday, 18th September, 2026
Voting Period: From 23rd September, 2026 (09:00 a.m. IST) to 22nd October, 2026 (05:00 p.m. IST)
Result Declaration: On or before Saturday, 24th October, 2026

The company seeks approval for one Ordinary Resolution:

ITEM NO. 1: Continuation and Modification of Material Related Party Transaction

Approval for continuing revolving Inter-Corporate Deposit(s)/Loan(s) to BPIL for five financial years from FY 2026-27 to FY 2030-31
Modification of existing arrangement by securing Company's ICD exposure through creation of joint mortgage
Mortgage to be created over BPIL's immovable property at Survey No. 298, Village Chande, Taluka Mulshi, District Pune, Maharashtra
Property details: 92,800 square metres (approximately 22.93 acres) with all structures and improvements
Aggregate principal amount outstanding shall not exceed ₹40 Crores at any point
Interest rate range: 9% to 12% per annum
Each ICD repayable within 6 years from disbursement date
Interest payable annually within three months from financial year close
Joint mortgage with other related party lenders: AMJ Land Holdings Limited, Thacker and Company Limited, Chem Mach Private Limited, and Suma Commercial Private Limited
AMJ Land Holdings Limited to act as Lead Mortgagee
Ranking: Pari passu among all mortgagees
Overall mortgage cap: ₹200 Crores for all obligations (principal, interest, costs, charges, expenses)
Security tenure: Until full satisfaction and discharge of ICD arrangement

Voting Method: Remote e-voting only through NSDL
Physical postal ballot forms not being sent
Notice sent only through electronic mode to members with registered email addresses
Members must vote electronically through NSDL's e-voting system
Scrutinizer: Mr. Pankaj Bhanudas Yeole (Membership No. 50196, Certificate of Practice No. 19127) of M/s. PBY and Associates
Institutional members must send scanned copies of Board Resolution/Authority letter to scrutinizer at yeole2408@gmail.com with copy to evoting@nsdl.co.in

The result will be determined based on remote e-voting only
Resolution deemed passed if approved by requisite majority on October 22, 2026
Results will be displayed at Registered Office, company website (www.3pland.com), NSDL website (www.evoting.nsdl.com), and communicated to BSE Limited

The disclosure confirms compliance with:

Section 108, 110 and other applicable provisions of Companies Act, 2013
Companies (Management and Administration) Rules, 2014
Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
MCA Circulars: 14/2020, 17/2020, 20/2020, and latest 03/2025
SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026
Secretarial Standard on General Meetings (SS-2)

BPIL Financial Position (FY 2025-2026):

Current Outstanding Amounts (as of June 30, 2026):

Property Valuation:

BPIL Shareholding Pattern:

Mr. Arun Kumar Jatia: 45.74% (11,38,983 equity shares)
3P Land Holdings Limited: 27.11% (6,75,011 equity shares)
AMJ Land Holdings Limited: 27.11% (6,75,011 equity shares)
Other minor holdings: Chem Mach Private Limited, Thacker and Company Limited, Yashvardhan Jatia Trust, Mr. Yashvardhan Jatia