Asian Tea & Exports Limited has submitted a certified true copy of the proceedings of the postal ballot through which shareholders approved the appointment of Mr. Kuldeepak Bansal (DIN: 05270419) as a Non-Executive Independent Director. The submission, made on May 6, 2026 by Company Secretary and Compliance Officer Priyarup Mukherjee, was filed with BSE Limited and the Calcutta Stock Exchange Association in compliance with Regulation 30 read with clause 13 of Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results of the postal ballot had been declared on May 5, 2026, following the conclusion of the remote e-voting period.

Postal Ballot Process Overview

The postal ballot process was initiated pursuant to a Postal Ballot Notice dated March 26, 2026. The Board of Directors, through a resolution unanimously passed on March 26, 2026, consented to obtain shareholder approval by way of postal ballot for the appointment of Mr. Kuldeepak Bansal. The Postal Ballot Notice, along with the explanatory statement, was sent by email on April 2, 2026 to members whose names appeared in the Register of Members as on the cut-off date of March 27, 2026. A public notice was also issued through advertisements in Financial Express (English) and Arthik Lipi (Bengali) on April 3, 2026. The key details of the postal ballot are summarised below:

The remote e-voting facility, provided through the National Securities Depository Limited (NSDL) platform, was open from Sunday, April 5, 2026 at 9:00 a.m. (IST) to Monday, May 4, 2026 at 5:00 p.m. (IST). All individual shareholders holding shares in demat mode were allowed to cast their vote through a single login credential via their demat accounts or websites of Depositories or Depository Participants, in accordance with SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242 dated December 9, 2020.

Resolution Passed

The sole resolution put to vote was a special resolution for the appointment of Mr. Kuldeepak Bansal (DIN: 05270419) as a Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of 5 (Five) consecutive years commencing from March 26, 2026 till March 25, 2031. He was originally appointed as Additional Director (Non-Executive & Independent) on the Board with effect from March 26, 2026, pursuant to Section 161(1) of the Companies Act, 2013 and the Articles of Association of the Company. The promoter and promoter group were not interested in the agenda or resolution.

Director Profile

The following details regarding Mr. Kuldeepak Bansal's appointment have been disclosed pursuant to Regulation 30(6) read with Para A (7) of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015:

Mr. Kuldeepak Bansal has held senior managerial positions in various reputed organisations and possesses expertise in strategic planning, corporate governance, financial oversight, risk management, and regulatory compliances. He has also confirmed that he is not debarred from holding the office of Director by virtue of any SEBI order or any other such authority.

Voting Results

CS Puja Pujari, Practicing Company Secretary (COP No.: 20171, Membership No.: 13102) and Proprietor of Puja Pujari & Associates, was appointed as the Scrutinizer for the postal ballot process. The votes cast through remote e-voting were unblocked on May 4, 2026 at 7:38 p.m. in the presence of two independent witnesses, Ms. Manisha Saboo and Ms. Shiwani Dubey. The detailed voting results are as follows:

A category-wise breakdown of the voting participation is presented below:

Scrutinizer's Findings

Based on the Scrutinizer's Report submitted on May 5, 2026, the special resolution for the appointment of Mr. Kuldeepak Bansal as Non-Executive Independent Director was declared as passed with requisite majority on May 4, 2026. The votes cast in favour of the resolution represented 99.59% of the total votes cast. There were no invalid or abstain votes recorded. All relevant records were sealed and handed over to the Company Secretary for safe keeping, as confirmed by CS Puja Pujari. The certified true copy of the proceedings was subsequently filed with the stock exchanges on May 6, 2026.

Asian tea & exports Limited has filed its annual disclosure under SEBI (Substantial Acquisition of Shares and Takeovers) Regulation 31(4) for the financial year ended March 31, 2026. The disclosure, submitted on April 6, 2026, provides transparency regarding promoter shareholding encumbrances as mandated by regulatory requirements.

Regulatory Compliance Declaration

Hariram Garg, acting as the authorized promoter on behalf of all promoters and promoter group members, declared that no encumbrance has been created, invoked, or released on shares held by the promoter group during FY26. The declaration covers both direct and indirect encumbrances, ensuring comprehensive compliance with SEBI regulations.

The disclosure was simultaneously submitted to BSE Limited (Scrip Code: 519532) and Calcutta Stock Exchange Limited (Scrip Code: 011053), where the company's shares are listed.

Promoter and Promoter Group Holdings

The disclosure provides detailed information about shareholdings across the promoter and promoter group entities:

Key Promoter Group Entities

The promoter group comprises multiple individuals and corporate entities:

Individual Members:

• Rama Garg (247,800 shares, 0.99%)
• Sita Garg (924,597 shares, 3.71%)
• Rajesh Garg (840,000 shares, 3.37%)
• Nisha Garg (0 shares)
• Chattar Singh Surana (0 shares)

Corporate Entities:

• Maharaja Barter Private Limited (704,561 shares, 2.82%)
• Caravan Vinimay Private Limited (566,904 shares, 2.27%)
• Various HUF entities with minimal holdings

Encumbrance Status Confirmation

The comprehensive disclosure confirms that none of the promoter or promoter group shareholdings are subject to any form of encumbrance, including pledges, liens, non-disposal undertakings, or other restrictions. This clean status provides clarity to investors and regulatory authorities about the unencumbered nature of promoter holdings.

Corporate Governance Compliance

As per SEBI SAST Regulation 31(5), the disclosure will be presented at the company's ensuing Audit Committee meeting. The filing demonstrates the company's commitment to maintaining transparent corporate governance practices and regulatory compliance standards.