Ester Industries Limited has notified its shareholders regarding a Special Window for the transfer and dematerialization of physical securities, alongside the 'Saksham Niveshak' campaign aimed at recovering unclaimed dividends. The company published these notices in the Financial Express and Vir Arjun newspapers on June 2, 2026, to inform eligible investors about the procedural timelines and required actions.

The Special Window, established under SEBI circular SEBI/HO/MIRSD/MIRSD-POD-1/P/CIR/2023/37 dated January 16, 2023, is available from April 1, 2024, to January 31, 2027. This initiative allows shareholders holding physical shares bought or sold before April 1, 2019, but not registered with the company or its Registrar and Share Transfer Agent (RTA), to submit transfer requests. Shareholders must submit original certificates, transfer deeds, and other necessary documents to Link Intime, the RTA, for processing. Requests without complete documentation will not be accepted until verified.

Simultaneously, the Investor Education and Protection Fund Authority (IEPFA) launched the 'Saksham Niveshak' campaign from April 1, 2024, to July 31, 2024. This campaign targets shareholders who have not received dividends for an extended period or whose addresses are outdated. Ester Industries is attempting to identify eligible shareholders who have not claimed their dividends or updated their KYC details. Investors are advised to contact the company's RTA or send dividend documents via email to investor@massev.com or investor@esterindustries.com .

Key Dates and Actions

Shareholders holding physical shares or entitled to unclaimed dividends are urged to utilize these facilities to secure their holdings and dues. The company has designated Link Intime as the RTA for processing these requests at its office in Ankleshwar, Gujarat.

Ester Industries Limited shareholders have approved the re-designation of Mr. Arvind Singania from Managing Director to Non-Executive, Non-Independent Chairman and sanctioned a revision in remuneration for Mr. Ayush Vardhan Singania, Whole-Time Director. The resolutions were passed through a remote e-voting process conducted between 24 April 2026 and 23 May 2026.

The postal ballot was held pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Akash Jain, Practising Company Secretary, was appointed as the Scrutinizer to oversee the voting process. The cut-off date for determining shareholder eligibility was 17 April 2026, with a total of 37,555 members recorded as on this date.

Resolution Results

The first resolution, an ordinary resolution regarding the re-designation of Mr. Arvind Singania, received 99.83% approval from valid votes cast. The second resolution, a special resolution concerning the remuneration revision for Mr. Ayush Vardhan Singania, was passed with 99.30% of valid votes in favour. Votes from interested related parties were excluded from the count for both resolutions.

Voting Details

A total of 97,586,191 shares were eligible for voting. Public institutional shareholders cast 34,701 votes, while public non-institutional shareholders cast 8,186,118 votes. The promoter and promoter group did not participate in the e-voting process. The scrutinizer confirmed that the votes were unblocked on 26 May 2026.