Dai-ichi karkaria Limited has successfully completed its postal ballot process under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with shareholders providing overwhelming support for the re-appointment of Ms. Meher Vakil Taff as Managing Director. The voting concluded on March 20, 2026, demonstrating strong confidence in the company's leadership direction.

Postal Ballot Results

The special resolution for Ms. Meher Vakil Taff's re-appointment received exceptional shareholder support, with the voting results showing decisive approval across all categories.

Leadership Appointment Details

Ms. Meher Vakil Taff (DIN: 07778396) will serve as Managing Director for a period of three years from April 1, 2026, to March 31, 2029. Her appointment includes designation as Vice-Chairperson, Chief Executive Officer and Managing Director of the Company, reflecting the expanded scope of her leadership role.

Voting Process and Participation

The e-voting process was conducted through CDSL platform, commencing on Thursday, February 19, 2026 at 9:00 a.m. and concluding on Friday, March 20, 2026 at 05:00 p.m. The company had 6,143 shareholders as on the cut-off date of February 13, 2026.

Scrutinizer's Certification

Ms. Vinita Nair, Joint Managing Partner of Vinod Kothari & Company, Practicing Company Secretaries, served as the appointed Scrutinizer for the postal ballot process. The scrutinizer certified that the resolution was passed with requisite majority on March 20, 2026, following proper verification of the e-voting data downloaded from the CDSL system.

Regulatory Compliance

The postal ballot was conducted in compliance with Sections 108, 110 and other applicable provisions of the Companies Act, 2013, Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014, and various MCA circulars including General Circular No. 14/2020, General Circular No. 17/2020 and General Circular No. 03/2025.

The voting results and scrutinizer's report are available on the company's website at www.dai-ichiindia.com and on CDSL's website at www.evotingindia.com , ensuring transparency in the corporate governance process.

Dai-ichi Karkaria Limited has received an income-tax assessment order from the Assessment Unit, Income Tax Department for Assessment Year 2024-25. The order was passed under section 144 read with section 144B of the Income-tax Act, following scrutiny through CASS to examine issues of under-reported income.

Assessment Order Details

The assessment order dated March 6, 2026, was received via email on March 10, 2026. The company disclosed this information to BSE Limited on March 11, 2026, in compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Adjustments Made

The assessment order includes two primary adjustments to the company's financial position:

• Disallowance under Section 14A: Rs.94,018/- disallowed under section 14A read with Rule 8D
• Export Incentive Treatment: Rs.90,93,440/- accrual of export incentive receivable in financial statements considered as revenue receipt under section 28 (iiib) to (iiie)

Financial Impact

The assessment has resulted in a reduction of the company's accumulated loss by Rs.91,87,458/-. Notably, no quantification of penalty has been passed in the order, and no sanctions or restrictions have been imposed on the company.

Company's Response

Dai-ichi Karkaria Limited has indicated that it will file an appeal before the Income Tax Appellate Tribunal against the assessment order. The company has confirmed that no aberrations or non-compliances were identified by the authority in the communication, and no penalties were imposed pursuant to this assessment.

The disclosure was signed by Ankit Shah, Company Secretary & Compliance Officer, ensuring proper regulatory compliance with the listing requirements.