20 microns Limited has entered into a loan agreement with its joint venture partner for providing financial assistance of ₹2,00,00,000. The company disclosed the execution of this inter-corporate loan agreement with Sievert 20 Microns Building Materials Private Limited on March 27, 2026, under regulatory compliance requirements.

Loan Agreement Details

The loan agreement encompasses several key financial and operational parameters that define the terms of this inter-corporate financing arrangement.

Joint Venture Structure

The borrowing entity represents a strategic partnership between 20 Microns Limited and international partner Sievert Baustoffe Auslandsbeteiligungen GmbH. The shareholding structure reflects a balanced joint venture arrangement with defined equity participation from both partners.

Regulatory Compliance and Approvals

The transaction has been structured to meet all regulatory requirements under the SEBI Listing Regulations. The loan agreement qualifies as a related party transaction under Regulation 23 but does not constitute a material related party transaction. Key compliance aspects include:

• Approval by the company's Audit Committee
• Transaction conducted at arm's length basis
• Undertaken in the ordinary course of business
• Shareholder approval obtained through Postal Ballot on March 9, 2026

The loan provision aligns with Section 185 and Section 186 of the Companies Act, 2013, following proper authorization from company members. The purpose of the loan centers on supporting business operations and working capital requirements of the joint venture entity.

Business Purpose and Strategic Context

The inter-corporate loan aims to provide financial assistance to support business operations and working capital requirements of Sievert 20 Microns Building Materials Private Limited. This financing arrangement demonstrates 20 Microns Limited's commitment to supporting its joint venture partnerships and expanding business operations through strategic financial backing.

20 microns Limited has successfully concluded its postal ballot process through remote e-voting, with shareholders demonstrating strong support for the company's proposed resolutions. The voting process, which concluded on March 7, 2026, resulted in the approval of both resolutions with substantial majority support.

Postal Ballot Process Details

The company initiated the postal ballot process with a notice dated February 3, 2026, providing shareholders the opportunity to vote on two critical resolutions through remote e-voting. The voting window remained open from February 6, 2026, at 9:00 A.M. (IST) until March 7, 2026, at 5:00 P.M. (IST), ensuring adequate time for shareholder participation.

Resolution Outcomes and Voting Results

Both resolutions received overwhelming shareholder approval, demonstrating strong confidence in the company's strategic decisions. The first resolution, a special resolution concerning financial arrangements with related body corporates, secured significant support across all shareholder categories.

Special Resolution - Financial Arrangements

The special resolution for advancing loans, giving guarantees, and providing securities to body corporates in which directors are interested pursuant to Section 185 of the Companies Act, 2013, achieved remarkable success:

Ordinary Resolution - Key Appointment

The ordinary resolution for the appointment of Ms. Vedika Parikh as Strategy & Transformation Associate (AI + Finance) also received strong shareholder endorsement:

Scrutinizer Validation and Compliance

The postal ballot process was conducted under the supervision of Umesh Parikh, Partner of Parikh Dave & Associates, who served as the appointed scrutinizer. The scrutinizer's report, dated March 9, 2026, confirmed that the voting process was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.

The votes cast under remote e-voting facility were unblocked on March 9, 2026, at around 10:40 A.M. in the presence of two witnesses, Mrs. Riddhi Brahmabhatt and Mr. Chirag Chauhan, who were not in the employment of the company. The votes tendered through remote e-voting were reconciled with the records maintained by the Company's Registrar and Transfer Agent and then scrutinized based on the NSDL e-voting portal system.

Regulatory Compliance and Documentation

In accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, 20 Microns Limited has submitted comprehensive documentation to both BSE Limited (Scrip Code: 533022) and National Stock Exchange of India Limited (Symbol: 20MICRONS). The submission includes detailed voting results and the scrutinizer's report, ensuring full regulatory compliance and transparency for all stakeholders.

The company maintained full transparency throughout the process, with voting results and the scrutinizer's report made available on both the company's website at www.20microns.com and the National Securities Depository Limited (NSDL) platform at www.evoting.nsdl.com .

Source: None/Company/INE144J01027/b34a72df-b49c-4a3c-8e05-7ce14de43a59.pdf