IFB Industries Limited has successfully concluded its postal ballot voting process, with shareholders approving all six proposed resolutions with overwhelming majority support. The company announced the results on 22nd April, 2026, following the completion of the electronic voting period.

Voting Process Overview

The postal ballot process was conducted entirely through electronic voting, with the notice dispatched on 10th February, 2026. The e-voting period remained open from 9:00 AM on 24th March, 2026, to 5:00 PM on 22nd April, 2026, providing shareholders ample time to participate in the decision-making process.

Board Appointments Approved

Shareholders approved several key board appointments that will strengthen the company's governance structure. The resolutions included both re-appointments and new appointments to the board of directors.

Independent Director Appointments

Four resolutions related to Independent Director appointments received strong shareholder support:

The re-appointment of Mrs. Sreedevi Pillai (DIN: 08944944) for her second term as Independent Director was approved by 99.8984% of the votes cast. New appointments of Mr. Saurav Adhikari (DIN: 08402010), Mr. Subir Chakraborty (DIN: 00130864), and Mr. Tarun Kumar Daga (DIN: 01686499) as Independent Directors received even higher approval rates, all exceeding 99.99%.

Additional Resolutions

Shareholders also approved the appointment of Mr. Ashok Bhandari (DIN: 00012210) as Non-Executive Non-Independent Director with 99.8983% votes in favour. The ratification of remuneration for M/s. Mani & Co., Cost Accountants (Firm Registration No. 000004), as Cost Auditors for the financial year ending 31st March, 2026, received 99.9957% approval.

Scrutinizer's Report

The postal ballot process was overseen by Mr. Atul Kumar Labh, Practicing Company Secretary (Membership No. 4848, CP No. 3238), who served as the appointed Scrutinizer. The scrutinizer's report confirmed that all resolutions were passed with the requisite majority and deemed to have been approved on 22nd April, 2026.

The voting results demonstrate strong shareholder confidence in the proposed board changes and corporate governance measures. All voting was conducted through the NSDL e-voting platform, ensuring transparency and proper documentation of the process. The company has made the complete voting results and scrutinizer's report available on its website at www.ifbindustries.com for shareholder reference.

IFB Industries Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI's depositories regulations for the quarter ended 31st March, 2026.

Regulatory Compliance Filing

The company filed the mandatory certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and the National Stock Exchange of India on 10th April, 2026. Company Secretary Ritesh Agarwal signed the submission letter, which was digitally authenticated on the filing date.

Certificate Details

Registrar Confirmation

C B Management Services (P) Limited, serving as the company's Registrar and Share Transfer Agent, issued the compliance certificate on 4th April, 2026. The registrar confirmed that all securities received from depository participants for dematerialization during Q4 FY26 were properly processed and confirmed to the depositories.

Compliance Confirmations

The certificate provides several key confirmations regarding the company's adherence to regulatory requirements:

• All securities received for dematerialization were confirmed (accepted/rejected) to depositories within required timelines
• Securities comprised in the certificates have been listed on stock exchanges where previously issued securities are listed
• Security certificates received for dematerialization were mutilated and cancelled after due verification by depository participants
• Names of depositories were substituted in the register of members as registered owners within the stipulated period

Administrative Details

The filing was addressed to both major Indian stock exchanges where IFB Industries shares are traded. C B Management Services (P) Limited, headquartered in Kolkata, serves as the company's registrar and maintains the necessary records for shareholder services and regulatory compliance.