Graphite India Limited has issued a clarification to BSE Limited regarding the significant increase in trading volume of its securities across exchanges. The response came following a specific inquiry from the stock exchange on March 30, 2026.

BSE Inquiry and Company Response

The BSE had reached out to Graphite India Limited through an email bearing reference number L/SURV/ONL/PV/APJ/2025-2026/1008, seeking clarification about the notable surge in trading volume. The exchange's surveillance team flagged the unusual market activity, prompting the formal inquiry under standard monitoring procedures.

Regulatory Compliance Statement

In its official response, Graphite India Limited emphasized its compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company clearly stated that it currently does not possess any material information or pending announcements that could potentially impact the price or volume behavior of its securities.

The clarification letter was digitally signed by Company Secretary Sanjeev Marda on March 30, 2026, at 12:14:36 +05'30', ensuring proper authentication and timestamp of the official communication.

Market Surveillance and Transparency

This clarification represents standard market surveillance procedures where exchanges monitor unusual trading patterns and seek explanations from listed companies. The company's prompt response demonstrates adherence to transparency requirements and regulatory obligations under SEBI guidelines.

Graphite India Limited's headquarters are located at 31, Chowringhee Road, Kolkata, and the company maintains its commitment to timely disclosure of material information to ensure fair and transparent market operations.

Graphite India Limited has successfully concluded its postal ballot proceedings on March 24, 2026, with shareholders demonstrating strong support for key governance resolutions through remote e-voting. The company declared results for two significant matters relating to director compensation and remuneration adjustments, with both resolutions receiving overwhelming approval.

Postal Ballot Resolutions and Results

The Board of Directors, through their resolution dated February 9, 2026, approved the postal ballot notice containing two key resolutions for shareholder consideration:

Both resolutions were conducted pursuant to Section 110 of the Companies Act, 2013 read with Rule 22 of the Companies (Management and Administration) Rules, 2014.

Detailed Voting Results

The scrutinizer's report revealed comprehensive voting statistics for both resolutions:

Special Resolution - Commission to Non-Executive Directors:

Ordinary Resolution - Remuneration Increase for Mr. Siddhant Bangur:

Scrutinizer's Report and Validation

Mrs. Swati Bajaj, Partner at Bajaj Todi & Associates, Practicing Company Secretaries, Kolkata (CP No.3502), served as the appointed Scrutinizer and submitted the official report. The scrutinizer's findings confirmed the validity of the voting process:

E-Voting Process and Compliance

The company engaged MUFG Intime India Private Limited (formerly Link Intime India Private Limited) to provide e-voting facility and technical services for the postal ballot process. The voting process was conducted in strict compliance with regulatory requirements.

Regulatory Compliance and Communication

In accordance with applicable MCA and SEBI circulars, the postal ballot notice was sent electronically to shareholders whose email addresses were registered with the company or depositories. The process was conducted under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Public advertisements were published on February 20, 2026, in Business Standard (English) and Aajkaal (Bengali) to ensure wider dissemination of information about the postal ballot process. The successful completion demonstrates Graphite India Limited's commitment to transparent corporate governance and effective shareholder engagement in key decision-making processes.