Key Resolution Details

Item No. 1: Special Resolution to approve reappointment of Mr. Sivalenka Kalyan Vijay (DIN: 06404449) as Independent Director (Non-Executive) for second term of five consecutive years effective June 28, 2026 to June 27, 2031.

Voting Timeline and Process

  • Cut-off date: Friday, May 22, 2026 (shareholders registered as of this date are eligible to vote)
  • E-voting period: Thursday, May 28, 2026 at 9:00 AM to Friday, June 26, 2026 at 5:00 PM
  • Result declaration: Resolution deemed passed on June 26, 2026 if approved by requisite majority
  • Scrutinizer: Mr. M. Damodaran, Managing Partner of M/s M. Damodaran & Associates LLP (COP 5081)
  • Voting platform: Central Depository Services (India) Limited (CDSL)

Director Background and Qualifications

Mr. Sivalenka Kalyan Vijay:

  • DIN: 06404449
  • Date of Birth: May 2, 1980 (46 years)
  • First appointment: June 28, 2021
  • Qualifications: Charter holder from CFA Institute, USA
  • Professional background: Founder & MD of Springforth, extensive experience in investments, entrepreneurship, corporate finance, private wealth management, and investment banking with CITI, HDFC, and Kotak Mahindra
  • Current roles: Managing Partner at Hyderabad Angels Ventures Advisory Private Limited

Board and Committee Approvals

  • Nomination and Remuneration Committee: Recommended reappointment based on performance evaluation and desired attributes
  • Board meeting: Approved reappointment on May 25, 2026, subject to shareholder approval within three months
  • Current committee roles: Chairperson of Audit/Risk & Compliance Committee and Stakeholders' Relationship Committee; Member of Nomination & Remuneration Committee

Director Holdings and Compensation

  • Shareholding in company: Nil (as on date of notice)
  • Compensation: To be paid fees and profit-related commission as approved by Board within prescribed limits

Other Directorships

Holds directorships in:

1. Sigma Advanced Systems Limited

2. Hyderabad Angels Ventures Advisory Private Limited

3. Antrep Invest Private Limited

4. Springforth Capital Advisors Private Limited

5. Springforth Investment Managers Private Limited

6. Spherexx Artificial Intelligence Private Limited

7. Evans Electric Limited (Committee roles: Audit Committee Member, Nomination & Remuneration Committee Member, Stakeholder Relationship Committee Chairperson)

Voting Instructions

Detailed e-voting instructions provided for:

  • Individual shareholders holding securities in demat mode (CDSL/NSDL)
  • Shareholders holding shares in physical mode
  • Non-individual shareholders in demat mode
  • Technical support contacts provided for CDSL (1800 21 09911) and NSDL (022-4886 7000, 022-2499 7000)

Document Availability

Postal Ballot Notice available on:

  • Company website: https://sigmaadvsys.com/investors-services/announcements/
  • BSE website: www.bseindia.com
  • NSE website: www.nseindia.com