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.

Graphite India Limited has received multiple ESG ratings, with the latest being an Environmental, Social and Governance (ESG) score of 71 assigned by CFC Finlease Private Limited. The company received notification of this rating via email on 24th February 2026, marking the first year that CFC Finlease has provided an ESG assessment for the company.

Latest ESG Rating from CFC Finlease

The new ESG score of 71 from CFC Finlease represents a significant rating for the company's sustainability performance. This assessment was conducted independently by CFC Finlease using publicly available information, without any direct engagement from Graphite India Limited.

Multiple ESG Assessments

Graphite India now holds ESG ratings from two different agencies. Earlier, NSE Sustainability Ratings & Analytics Limited had revised the company's ESG score upward to 65 from the previous rating of 57 for FY2024-25. Both ratings demonstrate the company's improving sustainability performance metrics across environmental, social, and governance parameters.

Independent Rating Process

Both rating agencies conducted their assessments independently without direct engagement from Graphite India. The ratings were prepared using information available in the public domain, ensuring objective evaluations of the company's ESG performance. This approach maintains the credibility and independence of the sustainability assessments.

Regulatory Compliance

The disclosure regarding the CFC Finlease ESG rating was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company also referenced SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11.11.2024 as part of its regulatory obligations. The announcement was signed by Company Secretary Sanjeev Marda and communicated to both BSE Limited and National Stock Exchange as required under the listing regulations.