Ester Industries Limited has published newspaper advertisements regarding the dispatch of its postal ballot notice on April 22, 2026, in compliance with Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements were published in Veer Arjun and Financial Express newspapers to inform shareholders about the electronic dispatch of the postal ballot notice.

Key Corporate Resolutions for Shareholder Approval

The postal ballot seeks shareholder consent on two critical corporate matters that will shape the company's leadership structure:

Electronic Voting Process and Timeline

The company has adopted a fully electronic approach for the postal ballot process, aligning with regulatory guidelines and modern corporate practices. The detailed voting schedule provides adequate time for shareholder participation:

Shareholders holding shares in either physical or dematerialized form as on the cut-off date will be eligible to participate in the electronic voting process. The company has engaged National Securities Depository Limited (NSDL) to provide comprehensive e-voting services to facilitate smooth shareholder participation.

Regulatory Compliance and Documentation

The postal ballot process has been structured in full compliance with multiple regulatory frameworks. The initiative adheres to Sections 108 and 110 of the Companies Act, 2013, along with the Companies (Management and Administration) Rules, 2014. Additionally, the process follows SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and incorporates guidelines from various MCA circulars issued between 2020 and 2025.

The complete postal ballot notice is accessible through multiple channels to ensure maximum shareholder reach. The document is available on the company's website at www.esterindustries.com , stock exchange websites including BSE Limited and National Stock Exchange of India Limited, and NSDL's e-voting platform.

Shareholder Support and Contact Information

For shareholders requiring assistance with the e-voting process or having queries related to the postal ballot, the company has established comprehensive support mechanisms. Shareholders can access detailed FAQs and user manuals through NSDL's website or contact the helpline at 022-48867000. Additionally, direct support is available through the company's corporate office and designated email channels for technical assistance and procedural guidance.

The Board has appointed Mr. Akash Jain, Practicing Company Secretary (Membership No. 22398 and CP No. 12032), as Scrutinizer to conduct the e-voting process in a fair and transparent manner. The results will be announced within two working days of the postal ballot conclusion.

Ester Industries has completed a significant promoter group share transfer involving 756285 equity shares, with comprehensive regulatory disclosures filed under SEBI regulations. The transaction involved Ayush Vardhan Singhania acquiring shares from Arvind Singhania through an inter-se transfer by way of gift, executed on March 24, 2026.

Transaction Overview

The share transfer was completed as an off-market inter-se transfer under Regulation 10(1)(a)(i) and (ii) of SEBI Takeover Regulations. Arvind Singhania filed official disclosures under Regulation 29(2) of SEBI Takeover Regulations on March 26, 2026, with both BSE Limited and National Stock Exchange of India Limited. The regulatory filing confirmed the transfer of 756285 equity shares carrying 0.77% voting rights to Ayush Vardhan Singhania, who belongs to the promoter group of the company.

Shareholding Pattern Changes

The transaction resulted in complete divestment by Arvind Singhania and significant increase in Ayush Vardhan Singhania's stake. The detailed shareholding changes show the redistribution of ownership within the promoter group, with the acquired shares representing 0.72% of the diluted share capital.

Promoter Group Holdings

The disclosure revealed the complete promoter group shareholding structure, with other entities maintaining their positions unchanged. The total promoter group holding remains stable at 62.71% with no change in the overall ownership pattern after the inter-se transfer.

Company Capital Structure

The regulatory filing provided detailed information about Ester Industries' capital structure. The company's equity share capital comprises 97586191 equity shares of Rs. 5 each, aggregating to Rs. 48,79,30,955. The total diluted share capital stands at 105117830 equity shares of Rs. 5 each, aggregating to Rs. 52,55,89,150. The shares are listed on both BSE Limited and National Stock Exchange of India Limited, ensuring complete transparency in the share transfer process. The acquisition was exempt from open offer requirements under Regulation 10(1)(a)(i) and (ii), as it involved an inter-se transfer within the promoter group by way of gift.