Ajax Engineering Limited has called for a postal ballot to secure shareholder approval for the appointment of Mr. Sachin Rajkumar Nandgaonkar as a Non-Executive Nominee Director. The resolution seeks to ratify his appointment, which was initially made by the Board on May 18, 2026, subject to member consent. Mr. Nandgaonkar was nominated by The John Loaves Trust and Jacob Hansen Family Trust and holds office until the next general meeting or up to three months from the date of appointment, whichever is earlier.

The remote e-voting facility is available to members whose names appear in the register of members or beneficial owners as on the cut-off date of July 3, 2026. The voting period begins on July 9, 2026, at 9.00 a.m. IST and ends on August 7, 2026, at 5.00 p.m. IST. Communication of assent or dissent will take place exclusively through the remote e-voting system managed by Central Depository Services (India) Limited (CDSL). The results of the postal ballot are scheduled to be announced on or before August 11, 2026.

Mr. Pramod S M or CS Biswajit Ghosh, partners of M/s. BMP & Co. LLP, has been appointed as the Scrutinizer to oversee the voting process. The notice has been dispatched to members electronically via email; physical copies of the notice and postal ballot forms have not been issued. Members are required to ensure their email addresses are registered with the company or depositories to participate.

Special Business

The primary agenda item is the approval of Mr. Sachin Rajkumar Nandgaonkar (DIN: 03410739) as a Non-Executive Nominee Director. The Board has recommended the passing of this resolution as an Ordinary Resolution. If approved, the resolution shall be deemed to have been passed on the last date of remote e-voting, August 7, 2026.

Director Profile

Mr. Nandgaonkar is a seasoned business leader with over three decades of experience. An alumnus of IIT Bombay and IIM Ahmedabad, he has held leadership roles at Accenture, Boston Consulting Group, and RPG Group. He currently serves as an Independent Director on the boards of RPG Life Sciences and Sterlite Electric. The Nomination and Remuneration Committee has endorsed his candidature based on his expertise in digital transformation and organizational effectiveness.

The Board has also nominated Mr. Nandgaonkar to the Corporate Social Responsibility Committee as a member. Except for the interested parties, none of the other directors or key managerial personnel are financially interested in this resolution.

Ajax Engineering Ltd has appointed M/s PKF Sridhar & Santhanam LLP as its internal auditor for the financial year 2026-27. The appointment, effective from June 2, 2026, was approved by the Board of Directors on July 5, 2026, following the recommendation of the Audit Committee. This decision comes after the previous internal auditor, M/s PricewaterhouseCoopers Private Limited, completed its tenure on March 31, 2026.

The new auditor, identified by Firm Registration Number (FRN) 003990S/S200018, is a member of the PKF global network. Established in 1978, the firm brings over 45 years of experience and operates through seven offices across India. PKF Sridhar & Santhanam LLP provides audit, risk advisory, tax, and consulting services, supported by a team of 28 partners and over 1,000 professionals.

The disclosure was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The regulatory filing also references SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

Internal Auditor Appointment Details