godrej industries has initiated a postal ballot and e-voting process to seek shareholder approval for the appointment of Mr. Burjis Godrej as a Non-Executive Non-Independent Director. The resolution proposes his appointment effective August 14, 2026, subject to the consent of the members.

The Board of Directors, at its meeting held on May 15, 2026, approved the business for approval through postal ballot. The company has engaged Central Depository Services (India) Limited (CDSL) to provide the remote e-voting facility. The e-voting period is scheduled from 9:00 a.m. (IST) on Sunday, May 24, 2026, to 5:00 p.m. (IST) on Monday, June 22, 2026. Shareholders holding shares in physical or dematerialized form as of the cut-off date, Friday, May 15, 2026, are eligible to vote.

Voting Schedule and Process

The consolidated results of the postal ballot and e-voting will be declared on or before Wednesday, June 24, 2026. Members have the option to vote either through e-voting or by physical postal ballot. If a member casts a vote through both methods, only the electronic vote will be considered valid.

Proposed Resolution

The ordinary resolution seeks approval for the appointment of Mr. Burjis Godrej (DIN: 08183082). He is the son of Mr. Nadir Godrej, Chairman & Managing Director of the company, and is part of the Promoter Group. Mr. Burjis Godrej has received the necessary consent to act as Director and has confirmed he is not disqualified from holding the office under Section 164 of the Companies Act, 2013.

Profile of the Director

Mr. Burjis Godrej holds a BS and MS in Earth Systems from Stanford University and an MBA from Harvard Business School. He currently serves as an Executive Director of Godrej Agrovet Limited and previously held leadership roles at Astec LifeSciences Limited and Godrej Agrovet's Crop Care business. The Board believes his expertise in management, leadership, and strategy will benefit the company.

Additional Communications

The postal ballot notice also includes information regarding the opening of a special window for re-lodgement of transfer requests and dematerialization of physical shares. This facility is available from February 5, 2026, to February 4, 2027, for specific transfer requests related to physical securities sold or purchased prior to April 1, 2019.

Additionally, the company has launched the second 100-Day Campaign, "Saksham Niveshak," to promote investor awareness. Shareholders are encouraged to update their KYC details and claim unpaid or unclaimed dividends to prevent their transfer to the Investor Education and Protection Fund (IEPF).

The Board of Directors of Godrej Industries Limited, at its meeting held on May 15, 2026, approved a series of significant corporate actions, including the audited financial results for the quarter and financial year ended March 31, 2026, the re-appointment of a key executive, a major fundraising initiative, a substantial subsidiary investment, and the scheduling of its upcoming Annual General Meeting. These decisions were taken pursuant to Regulations 30, 33, 51, and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Approval of Audited Financial Results for FY26

Upon the recommendation of the Audit Committee, the board approved the Audited Financial Results (Standalone & Consolidated) as per Indian Accounting Standards (Ind AS) for the quarter and financial year ended March 31, 2026, along with the Statement of Assets and Liabilities as on March 31, 2026, and the Cash Flow Statement for the financial year ended March 31, 2026. The board also took note of the Statutory Auditors' Report on the audited financial results for the same period.

The Statutory Auditors' Report carries an unmodified conclusion with respect to the audited financial results — both standalone and consolidated — of the Company for the quarter and financial year ended March 31, 2026.

Re-Appointment of Whole Time Director

Upon the recommendation of the Nomination and Remuneration Committee, the board approved the re-appointment of Mr. Vishal Sharma (DIN: 00085416) as Whole Time Director, designated as Executive Director & Chief Executive Officer (Chemicals), for a fresh term commencing April 1, 2027, and ending March 31, 2030. The re-appointment is subject to shareholder approval. Mr. Sharma's current tenure is set to conclude on March 31, 2027.

The key details of the re-appointment are summarised below:

Profile of Mr. Vishal Sharma

Mr. Vishal Sharma joined the Godrej Group in 2023 and brings 30 years of business experience, primarily in the specialty and process chemicals space, serving both industrial and institutional segments. He has operated across five continents in both developed and developing markets, and has led start-up businesses with multiple transformational and scale-up initiatives to his credit. He also serves as Chairperson of Astec LifeSciences Limited.

Prior to joining Godrej, Mr. Sharma spent a decade at Ecolab, leading businesses across Asia Pacific, India, the Middle East, and Africa. He has also held leadership roles at Diversey and began his career with GE. He holds a postgraduate diploma in Management from IMDR Pune and a Bachelor's degree in Engineering from MIT Manipal. The board has disclosed that Mr. Vishal Sharma is not related to any of the Promoters, members of the Promoter Group, or Directors of the Company, and is not debarred from holding the office of Director by any order of SEBI or any other authority.

Fundraising via NCDs and Subsidiary Investment

The board approved two significant financial decisions at the same meeting. First, it approved raising funds through the issuance of Unsecured Non-Convertible Debentures (NCDs) / Bonds / Other Instruments, on a private placement basis, in one or more tranches. Second, it approved a further investment in its wholly-owned subsidiary.

The Management Committee of the Board of Directors has been authorised to determine the detailed terms and conditions of the NCD / Bond issue, including the issue price and all necessary ancillary steps. Both the NCD issuance and the subsidiary investment are subject to shareholder approval.

Annual General Meeting and Postal Ballot

The board fixed the date of the 38th Annual General Meeting (AGM) of the Company for Thursday, August 13, 2026, to be held through Video Conferencing / Other Audio-Visual Means. The Register of Members and Share Transfer Books will remain closed from Thursday, August 6, 2026, to Thursday, August 13, 2026 (both days inclusive) for the purpose of the AGM.

Separately, the board approved a Postal Ballot Notice dated May 15, 2026, for obtaining shareholder approval for the appointment of Mr. Burjis Godrej (DIN: 08183082) as Director (Non-Executive Non-Independent Director) of the Company, with effect from August 14, 2026. The cut-off date for determining shareholder eligibility for voting on the Postal Ballot has been fixed as Friday, May 15, 2026.