Capacit'e Infraprojects Limited has strengthened its board composition with the appointment of a seasoned banking professional as Additional Independent Director. The company's board meeting held on March 25, 2026, approved significant governance enhancement through this strategic appointment.

Board Appointment Details

The board of directors, acting on the recommendation of the Nomination and Remuneration Committee, approved the appointment of Mr. Chilakamarri Lakshmi Narasimha Charyulu (DIN: 09376516) as Additional Independent Director. The appointment carries specific terms and regulatory compliance requirements.

Professional Background and Expertise

Mr. Charyulu, aged 60 years, brings extensive banking sector experience to the board. His professional credentials demonstrate significant expertise across multiple banking domains that will contribute to the company's strategic direction.

Career Highlights

Regulatory Compliance and Independence

The company confirmed that Mr. Charyulu meets all statutory criteria for appointment as Independent Director under applicable laws. The appointment adheres to SEBI regulations and corporate governance standards, with confirmation that he is not debarred from holding directorship by SEBI or other regulatory authorities.

Compliance Framework

Approval Process and Documentation

The appointment takes immediate effect from March 25, 2026, subject to obtaining shareholder approval through special resolution within three months from the appointment date or at the next General Meeting, whichever occurs earlier. The requisite details pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 have been provided in compliance with SEBI Master Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

This disclosure is also available on the company's website at www.capacite.in , with correspondence and queries directed to cs@capacite.in .

Capacit'e Infraprojects Limited has successfully concluded its postal ballot process, securing overwhelming shareholder approval for a material related party transaction with 99.63% votes in favour.

Postal Ballot Resolution Details

The company sought approval through an ordinary resolution for a material related party transaction between CIL MMEPL Ekatha Private Limited, a subsidiary of the company, and Mohan Mutha Export Private Limited, a related party of the subsidiary. The postal ballot notice was dated February 11, 2026, with the record date set as February 06, 2026.

Voting Results and Participation

The remote e-voting process was conducted exclusively through NSDL's platform from February 13, 2026, at 9:00 a.m. IST to March 14, 2026, at 5:00 p.m. IST. The voting results demonstrated strong shareholder support:

Shareholder Category Breakdown

The voting pattern across different shareholder categories revealed varied participation levels:

Notably, promoter votes were not considered in the voting process as per Regulation 23 of the SEBI Listing Regulations, given their interest in the resolution.

Scrutinizer Certification and Report

CS Shreyans Jain of Shreyans Jain & Co. (FCS 8519) served as the scrutinizer for the postal ballot process and submitted the scrutinizer report dated March 16, 2026. The scrutinizer confirmed that all procedural requirements under the Companies Act, 2013, and SEBI regulations were duly followed. The votes were unblocked in the presence of two independent witnesses, Mr. Krish Shah and Mr. Ajit Tibrewal.

Regulatory Compliance and Communication

The company maintained full compliance with regulatory requirements, including publication of public notices in Financial Express (English) and Tarun Bharat (Marathi) on February 13, 2026. The postal ballot was conducted entirely through electronic means in accordance with MCA circulars, with no physical ballot forms dispatched to shareholders. Company Secretary Rahul Kapur (ACS 52093) communicated the results to BSE Limited and National Stock Exchange of India Limited on March 17, 2026, pursuant to Regulation 44 of SEBI Listing Regulations. The voting results and scrutinizer report are available on the company's website and NSDL's e-voting platform for shareholder reference.