Belding India Limited has appointed Prasanna Prashant Jagtap as Company Secretary and Compliance Officer. The appointment takes effect on September 9, 2026, following approval by the Board of Directors.

The board approved the hiring during its meeting held on September 8, 2026. The session commenced at 11:17 am and concluded at 12:15 pm. The company disclosed the outcome pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

Prasanna Prashant Jagtap is a qualified Company Secretary and an Associate Member of the Institute of Company Secretaries of India (ICSI), holding membership number A-81035. He joins as a Key Managerial Personnel responsible for regulatory compliance and corporate governance matters.

Professional Background

Jagtap brings prior experience from BSE Limited, where he worked in the Listing Compliance Management Department. His role involved handling various aspects of listing and regulatory compliances. Before joining the stock exchange, he served as a Management Trainee with Rathie Rathie and Co., Pune.

His professional tenure includes exposure to:

• Companies Act, 2013
• SEBI Regulations
• FEMA provisions
• Intellectual property matters relating to trademarks
• Corporate governance and secretarial compliances

He has also coordinated with intermediaries and regulatory stakeholders while managing compliance-related matters and corporate filings. The disclosure notes his sound knowledge of corporate and securities laws, with a focus on regulatory compliance and execution of governance matters.

No relationships between directors were disclosed in connection with this appointment.

Belding India Limited shareholders approved the appointment of Rajesh Chandrakant Vaishnav as a Non-Executive Independent Director through a postal ballot that concluded on August 21, 2026. The resolution passed alongside approvals for director remuneration and material related-party transactions.

The remote e-voting window opened on July 23, 2026, at 9:00 am and closed on August 21, 2026, at 5:00 pm. Shareholders holding equity as of the July 17, 2026 cut-off date were eligible to vote. Purva Sharegistry (India) Private Limited facilitated the electronic voting system.

Resolutions Passed

Shareholders approved four special resolutions and one ordinary resolution. The special resolutions addressed the remuneration of three directors and the appointment of an independent director. The ordinary resolution concerned material related-party transactions.

M/s Sachapara & Associates acted as the scrutinizer for the process. CS Chirag Sachapara issued the report confirming that all resolutions received the requisite majority under Section 110 of the Companies Act, 2013 and Regulation 44 of the SEBI LODR Regulations, 2015.

Director Profile and Term

Mr. Vaishnav’s appointment regularizes his status as a Non-Executive Independent Director for a term of five consecutive years, commencing from May 22, 2026, up to May 21, 2031. He is a seasoned entrepreneur with over 27 years of business experience and is regarded as a pioneer in India's greeting card industry.

He is the Founder of Vintage Cards and Creations Limited, formerly listed on BSE and NSE, and was the sole licensee of Hallmark Cards Inc., USA in India. Under his leadership, the business expanded to over 375 retail outlets across 110 cities in India and neighboring countries including Bangladesh, Sri Lanka, and Nepal. A Commerce graduate with a Master's degree in Business Administration, Mr. Vaishnav possesses extensive expertise in Indian company laws and has been actively involved in multiple mergers and amalgamations. Over the past decade, he has been engaged in real estate development, including land plotting and residential projects spanning approximately 80 acres in and around Pune.

Voting Participation Details

The total number of shareholders on the record date was 1,614. The promoter group held 80,76,184 shares, while public institutions held 9,49,967 shares and non-institutional public shareholders held 54,52,698 shares.

For the first four special resolutions, 97,80,624 votes were cast in favor by 57 members. Only six votes were cast against these resolutions, representing less than 0.01% of valid votes. No invalid votes were recorded for these items.

The related-party transaction resolution saw lower participation from the promoter group, who abstained from voting due to conflict of interest. Among non-promoter shareholders, 17,04,515 votes were cast in favor by 54 members. Six votes were cast against, and 80,76,109 votes from three members were declared invalid, primarily reflecting the promoter group's abstention status in the counting mechanism.