GK Energy Limited has issued a formal postal ballot notice to shareholders seeking approval for the appointment of Mr. Subhash Vasant Ghaisas as Non-Executive Independent Director. The company's board had previously approved his regularization during a meeting held on April 07, 2026, and has now initiated the shareholder approval process through electronic voting.

Director Appointment Details

The postal ballot seeks shareholder consent for appointing Mr. Subhash Vasant Ghaisas (DIN: 11479724) as Non-Executive Independent Director through a special resolution. The board had initially appointed him as Additional Non-Executive Independent Director based on recommendations from the Nomination and Remuneration Committee.

Professor Subhash V. Ghaisas brings over four decades of leadership in solar energy, semiconductor physics, and advanced materials research. He holds a Ph.D. in Experimental Physics from the University of Pune and has served as Director of the School of Energy Studies at Savitribai Phule Pune University.

E-Voting Process and Timeline

The company has engaged MUFG Intime India Private Limited (formerly Link Intime India Private Limited) to facilitate remote e-voting for shareholders. The postal ballot notice was dispatched on April 08, 2026, to members whose email addresses are registered with the company or depositories.

Regulatory Compliance and Newspaper Advertisement

The board has appointed CS Avanti Kashinath Rajwade, a Practicing Company Secretary, as the scrutinizer to oversee the postal ballot and e-voting process. This appointment ensures independent supervision and maintains transparency in the approval procedure.

In compliance with regulatory requirements, GK Energy Limited submitted copies of postal ballot newspaper advertisements to stock exchanges on April 09, 2026. The advertisements were published in Financial Express (English) and Loksatta (Marathi) newspapers, confirming the completion of postal ballot notice dispatch and providing e-voting information to shareholders.

All decisions align with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has formally communicated these developments to both the National Stock Exchange of India Limited and BSE Limited, fulfilling its disclosure obligations to stock exchanges and investors.

SEBI Compliance Certificate Submission

In a separate regulatory development, GK Energy Limited submitted a Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The certificate was received from MUFG Intime India Private Limited, the company's Registrar and Transfer Agent.

The certificate confirms that securities received from depository participants for dematerialisation during Q4FY26 were properly confirmed to depositories and that security certificates were mutilated and cancelled after due verification within prescribed timelines.

Committee Memberships

Upon approval, Mr. Ghaisas will serve as a member of key board committees, enhancing the company's governance structure.

The postal ballot notice is available on the company's website at www.gkenergy.in and on the e-voting platform. Shareholders can access detailed voting instructions and cast their votes electronically during the specified period to participate in this important corporate governance decision.

GK Energy Limited has announced that one of its directors has made a significant equity purchase in the company. The transaction represents insider trading disclosure compliance under regulatory requirements.

Transaction Details

Director Susheel Dwarkadas Bhandari acquired 25,000 equity shares of GK Energy Limited through an on-market purchase executed on BSE. The transaction details are as follows:

Post-Transaction Holdings

Following the purchase, Director Bhandari now holds 25,000 equity shares in GK Energy Limited, representing 0.012% of the company's total shareholding. Prior to this transaction, the director held no equity shares in the company.

Regulatory Compliance

The disclosure was made pursuant to Regulation 7(2)(b) of SEBI (Prohibition of Insider Trading) Regulations, 2015. GK Energy Limited received the disclosure from the designated person under Regulation 7(2)(a) of PIT Regulations in Form C format.

Key compliance aspects include:

• Disclosure made on the same day as transaction (March 27, 2026)
• Information submitted to both NSE and BSE
• Details published on company website www.gkenergy.in
• Proper documentation through Form C submission

Company Information

GK Energy Limited, formerly known as GK Energy Private Limited and GK Energy Marketers Private Limited, is listed on both NSE (Symbol: GKENERGY) and BSE (Scrip Code: 544525). The company is headquartered in Pune, Maharashtra, with its registered office at Gokhale Business Bay, Kothrud.