Indef Manufacturing Limited has closed its trading window effective October 1, 2026. This closure applies to Designated Persons and their immediate relatives as the company prepares to announce its financial performance.

The trading window will remain closed until 48 hours after the announcement of unaudited financial results for the quarter and half year ending September 30, 2026. This action is taken in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct.

Regulatory Compliance and Timeline

The company informed BSE and NSE that the date of the Board Meeting to consider and approve these financial results will be intimated in due course. The notification was signed by Vineesh Vijayan Thazhumpal, Company Secretary, on September 29, 2026.

Indef Manufacturing is the resulting company from the demerger of Hercules Hoists Limited. The company operates works in Khalapur and Chakan, with regional offices in Pune, Delhi, Chennai, and Kolkata.

Indef Manufacturing Limited shareholders approved all seven resolutions tabled at its fourth annual general meeting held on August 12, 2026. The company declared a final dividend of ₹2 per equity share for the financial year ended March 31, 2026, which received near-unanimous support from voting members.

The meeting, conducted through video conferencing and other audio-visual means, saw participation from 72 shareholders representing over 2.25 crore votes. S. N. Ananthasubramanian & Co served as the scrutinizer for the remote e-voting process, which ran from August 9 to August 11, 2026.

Key Resolutions Passed

Shareholders approved five ordinary resolutions and two special resolutions with an assent rate of approximately 99.99% across all items. The key decisions included:

• Adoption of the audited standalone and consolidated financial statements for FY26.
• Declaration of the final dividend of ₹2 per share.
• Re-appointment of Vandan Sitaram Shah as a director retiring by rotation.
• Appointment of Pooja Bajaj as a non-executive non-independent director.
• Appointment of Mahendrakumar Gohel as a non-executive independent director.
• Ratification of remuneration for the cost auditor, M/s Aatish Dhatrak & Associates, fixed at ₹75,000.

Board Composition Changes

Two special resolutions addressed significant changes in the company’s leadership structure. Shareholders approved the continuation of Shekhar Bajaj as chairman and non-executive non-independent director after he attained the age of 75 years. This approval ensures continuity in the company’s top management during his extended tenure.

Mahendrakumar Gohel was appointed as a non-executive independent director, strengthening the independent oversight on the board. His appointment was passed via special resolution, reflecting the regulatory requirement for such appointments under listing norms.

Voting Participation

The record date for determining voting eligibility was August 5, 2026, with 19,917 shareholders on record. Of these, 58 shareholders cast votes either through remote e-voting or during the virtual meeting. The remote e-voting platform, managed by MUFG Intime India Private Limited, recorded 50 voters, while eight participants voted during the live session.

Dissenting votes were minimal, totaling just 525 shares across all resolutions, representing 0.0023% of the total votes cast. This indicates strong alignment between the promoter group and public shareholders on the proposed agenda items.