Abate AS Industries Limited (formerly known as Trijal Industries Limited), headquartered at Ettimadai Village, Coimbatore, Tamil Nadu, has successfully concluded its postal ballot e-voting process, with shareholders approving the appointment of Mr. Harikumar V (DIN: 10450411) as Non-executive Independent Director of the company, effective February 12, 2026. The voting results, submitted to the Bombay Stock Exchange on May 11, 2026, were certified by the appointed scrutinizer, M/s. Lakshmi Subramanian & Associates, Practicing Company Secretaries, Chennai. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Overview

The postal ballot was conducted pursuant to Section 110 read with Section 108 of the Companies Act, 2013, and Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, along with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilised the remote e-voting facility provided by Central Depository Services (India) Limited (CDSL) for the exercise. Key milestones of the postal ballot process are outlined below:

• The Postal Ballot Notice was dispatched on April 09, 2026 via email to 2,908 shareholders whose email IDs were registered with RTA/Depositories, based on the Register of Members/List of Beneficiaries as on Friday, April 03, 2026.
• An advertisement regarding the dispatch of the Postal Ballot Notice was published in Makkal Kural and Trinity Mirror newspapers on April 10, 2026.
• The e-voting window commenced on Friday, April 10, 2026 at 09:00 A.M. IST and concluded on Saturday, May 9, 2026 at 05:00 P.M. IST.
• Votes were unblocked and downloaded from the CDSL portal and witnessed by two independent witnesses not in the employment of the company.

Voting Results: Appointment of Independent Director

The sole resolution put to vote was a Special Resolution requiring a three-fourth majority for the appointment of Mr. Harikumar V (DIN: 10450411) as Independent Director of the company. The following table summarises the e-voting outcome:

Category-Wise Voting Breakdown

The detailed category-wise voting data for Resolution 1 is presented below:

Promoters and the promoter group voted entirely in favour, contributing 47,208,394 votes at a participation rate of 92.4042% of their held shares. The public non-institutional category recorded a participation rate of 72.9146%, with 77,664,791 votes in favour and 2,010 votes against. No institutional public shareholders participated in the voting.

Profile of Appointed Director

As disclosed under Regulation 30, the following details pertain to the newly appointed Non-executive Independent Director:

Lt. Col. Velayudhanpillai Harikumar is a seasoned technocrat with 35 years of experience spanning operations of multiple manufacturing plants, sales and marketing, and setting up new manufacturing facilities. His career includes 20 years with the Indian Army in the Corps of Electronics and Mechanical Engineers (EME) and 15 years in the corporate sector. The company has confirmed that the appointed director is not debarred from holding office as a Director by virtue of any SEBI order or any other authority.

Resolution Outcome

Based on the scrutinizer's report submitted by S. Vasudevan, Partner, M/s. Lakshmi Subramanian & Associates (FCS No. 9495, C.P. No. 27636), the Special Resolution for the appointment of Mr. Harikumar V (DIN: 10450411) as Non-executive Independent Director was passed with the requisite majority. The resolution received 99.9984% of total votes polled in its favour, well exceeding the three-fourth majority threshold required for a Special Resolution. The scrutinizer's report was dated May 11, 2026, and submitted to the Bombay Stock Exchange by Heena Rangari, Company Secretary & Compliance Officer (ACS: 49820), on behalf of Abate AS Industries Limited.

Abate AS Industries witnessed a significant shareholding change as NPMED Healthcare LLP disclosed a substantial disposal of shares under SEBI Regulation 29. The transaction represents one of the notable stake reductions in the company's recent trading activity.

Transaction Details

NPMED Healthcare LLP executed a substantial share sale through open market transactions on April 20, 2026. The disposal involved 2,26,03,900 shares, representing 14.34% of the company's total share capital.

Shareholding Changes

The transaction resulted in a significant reduction in NPMED Healthcare LLP's stake in Abate AS Industries Limited. The company's holding position changed substantially following the disposal.

Company Information

Abate AS Industries Limited maintains its listing on BSE Limited with a stable equity share capital structure. The company's total voting capital remained unchanged following the transaction.

Regulatory Compliance

The disclosure was made in accordance with SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, specifically under Regulation 29. NPMED Healthcare LLP does not belong to the promoter or promoter group of Abate AS Industries Limited, as indicated in the regulatory filing.

The transaction reflects the open market dynamics and represents a strategic decision by NPMED Healthcare LLP to reduce its exposure in the company while maintaining a significant minority stake of 10.09%.