Escorts Kubota Limited has fulfilled its regulatory compliance obligations by publishing newspaper advertisements for its postal ballot notice and e-voting information. The company informed stock exchanges on March 25, 2026, about the publication of these advertisements in Financial Express (English) and Jansatta (Hindi) newspapers, as required under SEBI Regulation 47.

Regulatory Compliance and Publication Details

The company's communication to BSE Limited and National Stock Exchange of India Limited confirms the completion of mandatory newspaper publication requirements:

The notification was signed by Arvind Kumar, Company Secretary, and submitted to both major stock exchanges where the company's shares are listed under BSE symbol 500495 and NSE symbol ESCORTS.

Director Appointments Under Consideration

The postal ballot process seeks shareholder approval for appointing two Kubota Corporation nominees as directors:

Both directors were initially appointed as additional directors by the Board of Directors on February 10, 2026, to hold office until the date of the ensuing Annual General Meeting. The current postal ballot process seeks to formalize their appointments as permanent directors of the company.

E-Voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process, conducted entirely through electronic voting:

The e-voting facility is provided through KFin Technologies Limited, accessible via their portal at https://evoting.kfintech.com . Members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of March 20, 2026, are eligible to participate in the voting process.

Director Profiles and Experience

Mr. Hitoshi Sasaki brings extensive experience from Kubota Corporation, where he has worked for approximately 35 years since joining in 1990. Currently serving as Managing Executive Officer, Chief Business Planning Officer and General Manager of Corporate Planning & Control Headquarters at Kubota Corporation, his expertise spans Farm and Industrial Machinery Strategy, Operations & Sales Promotion. He holds a Bachelor's in Business Administration from University of Kobe, Japan.

Mr. Satoshi Suzuki has been associated with Kubota Corporation for approximately 32 years since 1993. He currently serves as Managing Executive Officer and General Manager of Farm & Groundcare Equipment Division at Kubota Corporation. His core competencies include Business Planning, Sales & Marketing. He holds a Bachelor of Foreign Studies from Osaka University of Foreign Studies, Japan.

Governance and Scrutinizer Appointment

The postal ballot process complies with various regulatory requirements including Sections 108 and 110 of the Companies Act, 2013, and Regulation 30 of the SEBI Listing Regulations. Ms. Neelam Gupta, Practicing Company Secretary (FCS Membership No. 3135), has been appointed as the Scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Both proposed resolutions are classified as Ordinary Resolutions, requiring simple majority approval from voting members. The appointments align with Regulation 17 of SEBI Listing Regulations, which mandates member approval for board appointments within three months of initial appointment or at the next general meeting, whichever is earlier.

Escorts Kubota has received the official land allotment letter from the Yamuna Expressway Industrial Development Authority (YEIDA) for its Greenfield project expansion. The company announced that YEIDA has formally allotted approximately 154 acres of land for setting up enhanced production capacities.

Official Land Allotment Details

The allotment letter dated March 24, 2026, confirms the allocation of land in Sector-10, Gautam Buddha Nagar, YEIDA Industrial area, Uttar Pradesh. This follows the company's earlier intimation to stock exchanges on February 10, 2026.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements under SEBI Listing Regulations. Escorts Kubota informed BSE and NSE that the requisite disclosures pursuant to SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026, were already provided in their February 10, 2026 communication.

Greenfield Project Significance

The land allocation represents a major step in Escorts Kubota's expansion strategy for enhancing production capacities. The 154-acre facility in YEIDA's industrial corridor will provide substantial space for manufacturing operations in the agricultural and construction equipment sectors.

Strategic Location Benefits

The YEIDA Industrial Zone offers excellent connectivity through the Yamuna Expressway network, providing access to key markets and supply chains. The Sector-10 location in Gautam Buddha Nagar positions the company strategically within one of India's prominent industrial development areas.

This official land allotment marks the formalization of Escorts Kubota's expansion plans, moving from initial approvals to concrete development opportunities in the YEIDA industrial ecosystem.