Damodar Industries Limited has successfully concluded its postal ballot process on April 23, 2026, and submitted the scrutinizer's report along with voting results to the stock exchanges in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Overview

The postal ballot process was conducted to seek shareholder approval for the appointment of Mr. Suresh Narayan Nayak (DIN: 11588687) as a Non-Executive Independent Director of the company. The voting process utilized remote e-voting and postal ballot methods, concluding on April 23, 2026 at 5.00 PM.

Scrutinizer Details

The postal ballot process was overseen by qualified scrutinizer Vishal N Manseta, who was appointed by the board on March 17, 2026. The scrutinizer maintained proper registers and conducted the process in accordance with Section 108 of the Companies Act, 2013.

Voting Results and Participation

The postal ballot witnessed significant participation with a total of 9892341 votes polled out of 23300000 outstanding shares, representing a voter turnout of 42.46%. The resolution received overwhelming support from shareholders across all categories.

Resolution Outcome

The special resolution for appointing Mr. Suresh Narayan Nayak as Non-Executive Independent Director was successfully passed with 99.97% votes in favour and only 0.03% votes against. A total of 37 members voted in favour while only 2 members voted against the resolution. The promoter and promoter group showed complete support with 100% approval, while public non-institutional shareholders voted 72.24% in favour of the resolution.

Regulatory Compliance

The company has fulfilled its regulatory obligations by submitting the complete scrutinizer's report and voting results to both BSE Limited and National Stock Exchange of India on April 24, 2026. The submission was signed by Director Aditya A Biyani (DIN: 10304061) on behalf of the company, ensuring full compliance with SEBI listing regulations. The voting results were unblocked in the presence of two witnesses, Anshika Sharma and Vandana Kalokhe, who are not in the employment of the company.

Damodar Industries Limited has submitted its compliance certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. The certificate was filed with both BSE Limited and National Stock Exchange of India Limited on April 9, 2026.

Regulatory Compliance Details

The compliance certificate was issued by MUFG Intime India Private Limited (formerly Link Intime India Private Limited), the company's Registrar and Share Transfer Agent. The certificate confirms adherence to prescribed regulations regarding dematerialisation processes during the quarter.

Certificate Confirmation

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. The registrar verified that all security certificates received for dematerialisation were confirmed or rejected appropriately.

Dematerialisation Process Compliance

The certificate confirms that security certificates received were mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as registered owners within the prescribed timelines, ensuring full regulatory compliance.

Stock Exchange Filing

The compliance certificate was filed with BSE Limited (Scrip Code: 500575) and National Stock Exchange of India Limited (NSE Symbol: DAMODARIND). The filing was signed by Aditya A Biyani, Director (DIN: 10304061), representing the company's commitment to regulatory transparency and compliance.