Advance Metering Technology Limited has intimated that a meeting of its Board of Directors is scheduled to be held on Monday, April 27, 2026. The meeting has been convened pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Section 173 of the Companies Act, 2013.

Agenda Items

The board will consider and approve several key matters during the meeting:

• Appointment of Mrs. Natasha Tara Ranade (DIN: 06470367) as an Additional Director, subject to shareholder approval and other necessary approvals
• Material Related Party Transaction(s), subject to obtaining necessary approvals
• Granting of loans, guarantees, or security under Section 185 of the Companies Act, 2013
• Making investments and granting loans, guarantees, and securities in excess of limits specified under Section 186 of the Companies Act, 2013
• Reconstitution of committee(s) pursuant to changes in board composition
• Cut-off date and notice of Postal Ballot for seeking shareholders' approval
• Appointment of a Scrutinizer for conducting the Postal Ballot process

Regulatory Compliance

The company will ensure compliance with Regulation 30 and other applicable provisions of the SEBI LODR Regulations regarding disclosure of material events. The intimation of the board meeting notice is available on the company's website at www.pkrgroup.in .

The communication was signed by Alok Kumar Pandey, Company Secretary & Compliance Officer, on April 18, 2026. The company's registered office is located at E-8/1, Malviya Nagar, New Delhi - 110 017, with CIN number L31401DL2011PLC271394.

Advance metering tech has announced the withdrawal of its proposed postal ballot process following the sudden demise of Chairman and Whole Time Director Mr. Pranav Kumar Ranade. The company informed BSE Limited about this development on April 15, 2026, in continuation to earlier intimations regarding the chairman's passing and the proposed postal ballot.

Background of Events

The sequence of events unfolded rapidly over recent days, creating significant corporate implications:

Leadership Position and Shareholding

Mr. Pranav Kumar Ranade held significant positions within the company structure and maintained substantial shareholding:

Postal Ballot Withdrawal Decision

The company's Board of Directors approved the withdrawal after due deliberations, citing the unforeseen and unfortunate event. The re-appointment of Mr. Pranav Kumar Ranade as Chairman and Executive Director was one of the key items in the proposed postal ballot notice. Consequently, the postal ballot notice was not dispatched to shareholders and the e-voting process was not commenced.

Future Corporate Actions

Advance Metering Technology Limited is actively addressing the leadership transition through several initiatives:

The company has assured shareholders that the withdrawal of the proposed postal ballot process will not impact its growth plans. The Board will consider revised proposals and take appropriate steps in compliance with applicable laws including the Companies Act, 2013 and SEBI LODR Regulations, 2015.

Regulatory Compliance

Following Mr. Ranade's demise, he will cease to be part of the promoter/promoter group in accordance with Regulation 31A (6) (c) of the SEBI LODR Regulations, 2015. The notification was signed by Alok Kumar Pandey, Company Secretary & Compliance Officer, ensuring proper corporate governance procedures were followed.