Chavda Infra Limited's promoter group has confirmed that no shares held by them were encumbered during the financial year ended March 31, 2026. This declaration, submitted to the National Stock Exchange of India Ltd., ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation covers both direct and indirect holdings by the promoters and the promoter group.

The disclosure was formally communicated by Maheshkumar Chavda, Promoter and Managing Director, on behalf of the entire promoter and promoter group. The letter, addressed to the exchange and the company's Audit Committee, confirms that no shares were pledged or otherwise encumbered throughout the specified financial period. This regulatory filing provides transparency regarding the financial standing of the promoters' equity in the company.

The declaration was signed and digitally verified on April 07, 2026. The document serves as a formal record for the exchange and the company's internal governance bodies, including the Audit Committee of Chavda Infra Limited. The confirmation is a mandatory requirement under the SEBI regulations to safeguard shareholder interests.

Chavda Infra Limited has appointed Mr. Arpit Tiwari as a Non-Executive Independent Director following shareholder approval through a postal ballot. The resolution received 99.91% of the votes in favour, securing the requisite majority for the appointment. The remote e-voting period commenced on May 19, 2026, and concluded on June 17, 2026, with the record date set as May 15, 2026.

The postal ballot was conducted in compliance with Regulation 30 and 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. B. S. Vyas & Associates, Practicing Company Secretaries, served as the scrutinizer for the voting process, issuing the report on June 18, 2026. The management ensured compliance with the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs.

Voting Results

The resolution to appoint Mr. Arpit Tiwari (DIN: 11394258) was passed with overwhelming support from the shareholders. A total of 18,046,600 votes were polled, representing 55.26% of the total outstanding shares.

Procedural Details

The Postal Ballot Notice was dispatched electronically on May 18, 2026, to members registered with the company, Share Transfer Agents, CDSL, and NSDL. Advertisements regarding the dispatch were published in the Financial Express on May 19, 2026. Bigshare Services Private Limited provided the remote e-voting facility. Votes were unblocked on June 17, 2026, in the presence of independent witnesses.

The scrutinizer confirmed that the resolution has been passed with the requisite majority. The electronic data and records relating to the e-voting will be retained by the scrutinizer and handed over to the Company Secretary after the minutes are approved by the Chairman.