Hercules investments Limited (formerly Hercules Hoists Limited) has successfully completed its postal ballot process on May 02, 2026, with shareholders overwhelmingly approving the appointment of Mr. Mahendrakumar Amritlal Gohel as an Independent Director. The company submitted the voting results to BSE Limited in compliance with Regulation 44 of the SEBI Listing Regulations, 2015.

Voting Process and Timeline

The remote e-voting facility was provided to shareholders as on the cut-off date of March 27, 2026. The voting process commenced on April 03, 2026 at 9:00 a.m. (IST) and concluded on May 02, 2026 at 5:00 p.m. (IST). MUFG Intime India Private Limited (formerly Link Intime India Private Limited) facilitated the e-voting system for the company.

The company published mandatory newspaper advertisements in "Active Times" (English) and "Sakal" (Mumbai Lakshadeep) on April 03, 2026, as required under Rule 20 of the Companies (Management and Administration) Rules, 2014.

Voting Results and Shareholder Participation

The postal ballot witnessed significant shareholder participation, with detailed results across different categories:

Resolution Details and Compliance

The special resolution sought shareholders' approval for the appointment of Mr. Mahendrakumar Amritlal Gohel (DIN: 09425947) as an Independent Director of the company. The resolution was passed with the requisite majority, receiving 99.99% votes in favour from the total votes polled.

Vaibhav Dandawate (Membership No. A51538, COP: 27947), Partner of M/s. Makarand M. Joshi & Co., Practicing Company Secretaries, served as the appointed Scrutinizer for the postal ballot process. The Board of Directors had appointed the scrutinizer on March 19, 2026.

Regulatory Framework and Documentation

The postal ballot process was conducted in accordance with Sections 108 and 110 of the Companies Act, 2013, along with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The company also complied with General Circular No. 03/2025 dated September 22, 2025, issued by the Ministry of Corporate Affairs.

Company Secretary and Compliance Officer Chandrasekar Pillutla (M.no.: F2883) digitally signed the submission documents on May 02, 2026, confirming the completion of all regulatory requirements for the postal ballot process.

Hercules investments Limited has submitted its mandatory quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its confirmation certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulation, 2018 on April 10, 2026. The submission was made to the Listing Department of BSE Limited at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the Registrar and Share Transfer Agent for this compliance process. The registrar provided the necessary certificate dated April 1, 2026, confirming adherence to regulatory requirements.

The certificate confirms that securities received from depository participants for dematerialisation during the quarter were properly processed within prescribed timelines. MUFG Intime verified that all security certificates received for dematerialisation were confirmed or rejected appropriately, with certificates being mutilated and cancelled after due verification.

Corporate Structure

Hercules Investments Limited was formerly known as Hercules Hoists Limited. The company maintains its registered operations at Survey No 43/2B, 43/5, 45/2, Village Dhamni near Khalapur Toll Naka, Tal Khalapur Savroli, Kharpada Road, District Raigad, Thane.

Compliance Officer Details

Company Secretary and Compliance Officer Chandrasekar Pillutla (FCS 2883) digitally signed the submission on April 10, 2026, at 18:30:03 +05'30'. The filing ensures the company remains compliant with SEBI's depositories and participants regulations for the reporting quarter.