Gabriel India Limited has issued a postal ballot notice seeking shareholder approval for the re-appointment of Mrs. Pallavi Joshi Bakhru as Independent Director. The company published the postal ballot notice in newspapers on April 10, 2026, and informed stock exchanges about the regulatory compliance.

Newspaper Publication and Stock Exchange Notification

The company published the postal ballot notice in two newspapers on Friday, April 10, 2026:

Gabriel India Limited notified both BSE Limited (Company Code: 505714) and National Stock Exchange of India Limited (Company Code: GABRIEL) about the newspaper advertisement publication. The notification was signed by Nilesh Jain, Company Secretary, and submitted to the exchanges for record-keeping purposes.

E-voting Schedule and Process

The remote e-voting process is conducted exclusively through electronic means, with no physical postal ballot forms being distributed to shareholders. The company has engaged KFin Technologies Limited (KFintech) to provide the e-voting facility.

Regulatory Compliance and Legal Framework

The postal ballot process is conducted pursuant to Sections 108 and 110 of the Companies Act, 2013, Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014, Secretarial Standard-2 on General Meetings, and Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Re-appointment Details

The special resolution seeks approval for Mrs. Pallavi Joshi Bakhru's (DIN: 01526618) re-appointment as Independent Director for a second term:

Scrutinizer Appointment

The Board of Directors has appointed Ms. Savita Jyoti, Practicing Company Secretary (Membership No.: 3738, COP No. 1796), as the primary Scrutinizer to conduct the postal ballot process. Ms. Trusha Shah (Membership No.: 41022, COP No. 19908) has been appointed as the alternate Scrutinizer.

Professional Background and Experience

Mrs. Pallavi Joshi Bakhru, aged 58, brings extensive professional expertise to the Board. She is a Fellow Member of the Institute of Chartered Accountants of India and serves as Head of Private Client Service at Grant Thornton in India. Her career spans over 30 years with specialization in corporate tax, litigation, tax structuring, and regulatory matters.

Current Directorships and Committee Positions

Mrs. Bakhru holds directorship positions across multiple listed entities:

Current Listed Entity Directorships:

• Gabriel India Limited (since May 26, 2021)
• Vedanta Limited (since July 01, 2024)
• Hindustan Zinc Limited (since August 10, 2023)
• Neuland Laboratories Limited (since June 27, 2023)

Committee Memberships:

• Chairperson, Audit Committee - Gabriel India Limited
• Chairperson, Audit Committee - Hindustan Zinc Limited
• Member, Audit Committee - Vedanta Limited and Neuland Laboratories Limited

Shareholding and Remuneration

Mrs. Bakhru holds 22,500 shares (0.016%) in Gabriel India Limited. During financial year 2024-25, she received ₹3.12 million as commission and ₹0.40 million as sitting fees. She attended all six Board meetings held during April 01, 2025, to December 31, 2025.

The resolution, if passed by requisite majority, will be deemed effective from Saturday, May 09, 2026. Shareholders can access the complete notice and voting instructions on the company's website at www.anandgroupindia.com/gabrielindia/ and KFintech's portal at evoting.kfintech.com.

Gabriel India Limited successfully concluded its NCLT-convened meeting of equity shareholders on March 18, 2026, with overwhelming approval for the composite scheme of arrangement. The virtual meeting, held from 11:00 am to 11:35 am through video conferencing, resulted in 99.99% of votes cast in favor of the proposed corporate restructuring.

Meeting Overview and Attendance

The shareholders meeting was convened pursuant to an order dated January 29, 2026, passed by the Hon'ble National Company Law Tribunal, Mumbai Bench. Mr. H. V. Subba Rao chaired the proceedings as directed by the NCLT, ensuring compliance with regulatory requirements.

Voting Results and Approval

CA Pranay Luniya, appointed as scrutinizer, oversaw both remote e-voting and e-voting at the meeting. The resolution received overwhelming support from shareholders across all categories.

The voting process included both remote e-voting (March 15-17, 2026) and e-voting during the meeting. Promoter group shareholders cast 7,90,04,167 votes with 100% approval, while public shareholders demonstrated strong support with 99.99% approval rate.

Composite Scheme of Arrangement Details

The approved scheme encompasses two main components under Sections 230-232 of the Companies Act, 2013:

• Part C: Amalgamation of Anchemco India Private Limited (formerly Andasia Private Limited) with Asia Investments Private Limited
• Part D: Demerger of the automotive undertaking from Asia Investments Private Limited into Gabriel India Limited

Regulatory Compliance and Next Steps

The Company Secretary Mr. Nilesh Jain confirmed that voting results and the scrutinizer's report have been disclosed to BSE Limited (Company Code: 505714) and National Stock Exchange of India Limited (Company Code: GABRIEL) under Regulation 30 of SEBI Listing Regulations. The detailed results are also available on the company website at https://www.anandgroupindia.com/gabrielindia/ .

With requisite shareholder approval secured, the scheme now awaits final sanction from the Hon'ble National Company Law Tribunal to complete the corporate restructuring process.