Endurance Technologies Limited has completed the publication of its postal ballot notice in newspapers on April 30, 2026, as part of the regulatory compliance process for seeking shareholder approval for the re-appointment of Mr. Anant Talaulicar as Independent Director.

Newspaper Publication and Regulatory Compliance

The company published the postal ballot advertisement in Financial Express (English) and Loksatta (Marathi) newspapers on April 30, 2026, fulfilling requirements under Regulations 30 and 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice has been made available on the company's website at www.endurancegroup.com .

Postal Ballot Process Timeline

The postal ballot follows a comprehensive timeline with specific milestones for shareholder participation:

The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. Mrs. Sarika Kulkarni, Practicing Company Secretary, has been appointed as the Scrutiniser to conduct the postal ballot process.

Director Re-appointment Details

Mr. Anant Talaulicar (DIN: 00031051) is proposed for re-appointment as Independent Director for a second term of five consecutive years, commencing from July 12, 2026 and concluding on July 11, 2031.

Professional Background and Expertise

Mr. Talaulicar brings extensive experience from his tenure with the Cummins Group, spanning nearly four decades in various leadership positions across the United States and India. His educational qualifications include Master's degrees in Mechanical Engineering from University of Michigan, USA, and Business Administration from Tulane University, Louisiana, USA, along with a Bachelor's degree in Mechanical Engineering from Mysore University, India.

Current Directorships and Remuneration

Mr. Talaulicar currently serves as Independent Director on the boards of several listed companies including The Hi-Tech Gears Limited, India Nippon Electricals Limited, Everest Industries Limited, and KPIT Technologies Limited. His remuneration structure includes commission and sitting fees for Board and Committee meeting attendance.

Voting Process and Shareholder Eligibility

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as of the cut-off date of April 24, 2026 are eligible to participate in the postal ballot. The voting will be conducted exclusively through remote e-voting, with no physical ballot papers being dispatched. The resolution requires approval as a Special Resolution from the shareholders.

Endurance Technologies Limited's Board of Directors held a comprehensive meeting on April 16, 2026, addressing crucial leadership appointments that will shape the company's strategic direction. The board session, which commenced at 11:15 a.m. and concluded at 7:12 p.m., resulted in two significant decisions regarding key personnel appointments under Regulation 30 of the SEBI Listing Regulations.

Independent Director Re-appointment

The board approved the re-appointment of Mr. Anant Talaulicar as an Independent Director for a second term of five consecutive years, effective from July 12, 2026. This appointment remains subject to approval by the company's members through a postal ballot process.

Mr. Talaulicar brings nearly four decades of leadership experience from the Cummins Group, having served in various capacities across the United States and India. He holds Master's degrees in Mechanical Engineering from the University of Michigan and Business Administration from Tulane University, Louisiana, along with a Bachelor's degree in Mechanical Engineering from Mysore University.

His distinguished career includes 16 years in the USA across multiple roles including financial analyst, manufacturing engineer, project manager, product manager, and strategy manager. Upon returning to India in March 2003, he served as Joint Managing Director of Cummins India Limited and later held positions as Chairman & Managing Director of Cummins Group in India and President of Cummins Inc. Components Group.

Senior Management Personnel Appointment

The board simultaneously appointed Mr. Ashish Nainawatee, the company's Chief Strategy Officer, as a Senior Management Personnel with immediate effect from April 16, 2026.

Mr. Nainawatee possesses comprehensive qualifications including completion of the Senior Management Program from the Indian Institute of Management, Calcutta, and a Bachelor's degree in Mechanical Engineering from the National Institute of Technology, Surathkal. He also holds certifications in Global Organisation Development for Change Leaders from NTL, USA, and as a certified People Manager from Great Place to Work Institute.

With approximately 27 years of diversified experience spanning corporate strategy, sales, business development, engineering, and organisational transformation, Mr. Nainawatee previously worked with Bosch for 26 years. His final role at Bosch was Vice President – Mobility Aftermarket, with the last two years based in Germany, and prior experience as Head – Corporate Strategy and Business Development.

Regulatory Compliance and Next Steps

The company has confirmed that Mr. Talaulicar is not debarred from holding the office of Director by virtue of any order passed by SEBI or other regulatory authorities. The notice of postal ballot for seeking member approval, along with requisite details, will be communicated in due course.

Both appointments reflect the company's commitment to strengthening its leadership structure with experienced professionals who bring substantial industry expertise and strategic vision to drive future growth initiatives. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee, deemed it appropriate to include Mr. Nainawatee as Senior Management Personnel considering his critical role in the organization.