EMA India Limited’s board of directors approved a postal ballot to reclassify outgoing promoters from the "Promoter/Promoter Group" category to the "Public" category. The decision follows a no-objection certificate received from BSE Limited on August 12, 2026.

The board meeting, held on September 7, 2026, addressed regulatory compliance under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Shareholder approval is required to effectuate this structural change in ownership classification.

Postal Ballot Process

The board approved the draft Postal Ballot Notice, including the Explanatory Statement and Calendar of Events. Mr. Akshay Shivaji Adhalrao, Managing Director, and Ms. Shruti Sharma, Company Secretary, were authorized to execute all necessary statutory and regulatory actions.

Mr. Rahul Yadav, Proprietor of M/s. Rahul Yadav & Associates, was appointed as the Scrutinizer for the postal ballot process. Any director of the company is authorized to finalize the terms of appointment, including remuneration.

Regulatory Context

This action complies with Regulation 30 of the SEBI LODR Regulations, read with Part A of Schedule III. The reclassification aims to adjust the promoter holding structure following the exit of specific promoter entities, ensuring continued compliance with listing norms.

EMA India Limited has issued a dispatch to shareholders whose email addresses are not registered with the company, its Registrar and Transfer Agent (RTA), or Depository Participants. The letter provides instructions on accessing the Annual Report for the financial year 2025-26 online, as electronic delivery is not possible without a registered email ID.

The disclosure was made on August 20, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company stated that while it cannot send the report electronically to these shareholders, the document is available on its website at https://eiltld.info and on the BSE Limited website. A QR code is also provided in the physical letter for direct access.

AGM and Voting Timeline

The letter reiterates the schedule for the 55th Annual General Meeting (AGM), which will be held via Video Conferencing or Other Audio Visual Means on September 16, 2026, at 12:00 pm. The deemed venue remains the registered office in Kanpur.

Members holding shares as of the cut-off date are entitled to vote. Remote e-voting facilities are available through Central Depository Services (India) Limited (CDSL) from September 13 to September 15, 2026.

KYC and Email Registration Reminder

The company reminded shareholders holding shares in physical form to update their KYC details pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. This includes recording PAN, address, mobile number, bank account details, specimen signature, and nomination choices. While updating an email ID is optional, the company urged security holders to register one to avail online services.

Shareholders can update their details by sending Form ISR-1 to the RTA, Alankit Assignments Limited, or through their Depository Participants for demat holdings. Formats for nomination and KYC updates are available on the RTA’s website.

Electronic Communication Protocol

Electronic copies of the AGM Notice and Annual Report are sent only to shareholders with registered email addresses. The disclosure aligns with various MCA Circulars (including 14/2020 to 03/2025) and SEBI Circulars (including HO/49/14(7) 2025-CFD-POD2/3762/2026). Members attending the AGM via VC/OAVM will be counted for quorum purposes under Section 103 of the Companies Act, 2013.

For queries, members may contact the RTA at 1800220991 or Ms. Shruti Sharma, Company Secretary, at +91 7742701819.