Cranes Software International shareholders will vote via postal ballot on the appointment of Manoj Bawa as an Independent Director, a move aimed at strengthening the company’s governance framework with seasoned financial and strategic leadership. The Board of Directors, acting on the recommendation of the Nomination and Remuneration Committee, has proposed Bawa’s appointment for a five-year term commencing on May 30, 2026. This appointment is subject to shareholder approval through a special resolution passed via remote e-voting, reflecting the company’s commitment to regulatory compliance under Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The remote e-voting period commenced on August 10, 2026, at 9:00 A.M. (IST) and concludes on September 8, 2026, at 5:00 P.M. (IST). Shareholders holding shares as of the record date, August 7, 2026, are eligible to cast their votes. Mehul Jain & Associates, Company Secretaries, have been appointed as the Scrutinizer to ensure a fair and transparent voting process. The results of the postal ballot are scheduled to be announced on or before September 10, 2026, at 11:00 P.M. (IST), after which they will be intimated to BSE Limited and uploaded on the company’s website and the Central Depository Services (India) Limited (CDSL) platform.

Manoj Bawa (DIN 01282046), aged 63, brings over 35 years of global experience in finance, corporate strategy, mergers and acquisitions, and enterprise transformation. A Chartered Accountant, Bawa most recently served as Global CFO and Whole-Time Director at ISG Novasoft Technologies Limited (ISGN), where he led enterprise finance, legal, governance, and strategic planning across global entities. His prior roles include India CFO at Cisco Systems, Senior Director – Finance & Operations at McAfee, and Group CFO at Avesthagen. He also founded Lighthouse Consulting, advising startups and SMEs.

Bawa has submitted a declaration confirming his independence under Section 149(6) of the Companies Act, 2013, and Regulation 16(1)(b) of the SEBI Listing Regulations. He has confirmed that he is not disqualified under Section 164 of the Act and has no inter-se relationship with other Board members or Key Managerial Personnel. The Board evaluated his integrity, expertise, and experience, concluding that his appointment would be beneficial to the company. His skills in corporate finance, fundraising, and M&A align with the strategic requirements of the Independent Director role.

Governance and Voting Process

The postal ballot notice was issued pursuant to Regulation 30 of the SEBI Listing Regulations and Section 110 of the Companies Act, 2013. The company emphasized that the e-voting facility is available to all demat account holders through a single login credential via their Depositories or Depository Participants, aiming to enhance participation efficiency. Individual shareholders holding securities in demat mode can vote through CDSL or NSDL platforms, while physical shareholders and non-individual entities must use the CDSL e-Voting system at www.evotingindia.com .

Mueed Khader, Director of Cranes Software International Limited, signed the notice dated August 8, 2026, from Bengaluru. The company stated that none of its Directors, Key Managerial Personnel, or their relatives have any interest in the resolution. Relevant documents, including the explanatory statement and terms of appointment, are available for inspection at the registered office during business hours until the last date of remote e-voting.

Cranes Software International Limited has accepted the resignation of Ms. Apeksha Nagori from the position of Company Secretary (CS) and Key Managerial Personnel (KMP). The resignation was effective from the close of business hours on June 6, 2026, and the board acknowledged the same on June 15, 2026. The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Apeksha Nagori stated that she resigned to pursue other professional opportunities and career aspirations. In her resignation letter dated June 6, 2026, she requested the filing of DIR 12 regarding her cessation and offered to hand over all official records and statutory registers to the designated authority.

The company confirmed that there are no material reasons for the resignation other than those mentioned in her resignation letter. The resignation details were provided in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Resignation Details