Heranba Industries Limited has published newspaper advertisements on April 22, 2026, confirming the dispatch of its postal ballot notice dated March 31, 2026, in compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The notice seeks shareholder approval for the appointment of two directors through special resolutions.

Regulatory Compliance and Publication Details

The company dispatched the postal ballot notice on April 21, 2026, and published advertisements in multiple newspapers on April 22, 2026, as required under Regulations 47 and 30 of the SEBI Listing Regulations. The advertisements were published in:

The advertisements are also available on the company's website at www.heranba.co.in , ensuring comprehensive disclosure to all stakeholders.

Director Appointments Under Consideration

The postal ballot seeks approval for two key appointments through special resolutions:

E-Voting Schedule and Process

The company has established a comprehensive timeline for the remote e-voting process:

Proposed Director Profiles

Mr. Omprakash Singh brings over four decades of experience in secretarial practice and corporate laws. He holds a Bachelor of Laws (LL.B.) degree from the University of Bombay and is an Associate Member of the Institute of Company Secretaries of India (ICSI). The proposed appointment is for a first term of five consecutive years from April 01, 2026 till March 31, 2031.

Mr. Roshan R Shetty has been recommended for appointment as Executive Director for a five-year term commencing April 01, 2026. He holds degrees in Chemical Engineering from Institute of Chemical Technology and Georgia Institute of Technology, with over 6 years of experience in Chemical Process Design and Engineering. He currently holds 636,250 equity shares (1.59%) in the company and is associated with the company since 2020 as Head of Project, Research & Development.

Scrutinizer and Compliance Framework

The Board has appointed Mr. Prabhat Maheshwari (Membership No. FCS 2405, CP No. 1432) or failing him Mr. Nirmal Gupta (Membership No. ACS 45839, CP No. 27144) of M/s. GMJ & Associates, Practising Company Secretaries, as Scrutinizers for the postal ballot process. The notice is available on company and exchange websites, with results to be communicated to BSE Limited and National Stock Exchange of India Limited where the company's equity shares are listed.

Heranba Industries Limited has announced a board meeting scheduled for Monday, April 27, 2026, to deliberate on significant corporate restructuring matters. The meeting has been convened in compliance with Regulation 29 and 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The primary focus of the upcoming board meeting centers on a strategic financial restructuring proposal involving the company's subsidiary operations. The board will consider and approve the conversion of Inter-Corporate Deposits (ICD) previously granted by the company to its wholly owned subsidiary, Heranba Organics Private Limited (HOPL).

Financial Instrument Conversion

The proposed conversion involves transforming existing Inter-Corporate Deposits into Optionally Fully Convertible Debentures (OFCDs). This restructuring will be executed on terms and conditions that receive board approval during the scheduled meeting. The conversion represents a strategic move to optimize the financial structure between the parent company and its wholly owned subsidiary.

Trading Window Restrictions

Heranba Industries has informed stakeholders about existing trading window restrictions that affect company securities. The trading window closure commenced on April 01, 2026, and will remain in effect until 48 hours after the declaration of financial results for the quarter and year ended March 31, 2026.

Regulatory Compliance

The company's announcement demonstrates adherence to multiple regulatory frameworks governing listed entities. The board meeting intimation fulfills requirements under SEBI's Listing Obligations and Disclosure Requirements Regulations, while the trading window restrictions align with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The company has also referenced its internal Code of Conduct for regulating, monitoring and reporting of trading by insiders, along with its Code of fair disclosure of unpublished price sensitive information. These measures ensure comprehensive compliance with regulatory standards governing corporate governance and market transparency.