Indef Manufacturing Limited has published newspaper advertisements on April 16, 2026, informing shareholders about the dispatch of postal ballot notice and e-voting process details. The company issued these advertisements in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, following its earlier postal ballot announcement for Managing Director remuneration revision.

Newspaper Advertisement Publication

The company submitted copies of newspaper advertisements published on April 16, 2026, to both stock exchanges where its shares are listed:

Remuneration Revision Details

The postal ballot seeks shareholder approval for revision in Managing Director Shri Amit Bhalla's remuneration package:

Performance-Linked Incentives

The company is also seeking approval for performance-linked incentives as part of the comprehensive remuneration package:

E-Voting Process and Timeline

The newspaper advertisements provide comprehensive information about the e-voting process for eligible shareholders:

Company Secretary Communication

The regulatory filing was signed by Vineesh Vijayan Thazhumpal, Company Secretary (A63683), and submitted digitally on April 16, 2026. The communication emphasizes that physical copies of postal ballot notices will not be sent to members, and shareholders must exercise their voting rights through the electronic platform only.

Shareholder Information Access

The postal ballot notice and related documents are available on multiple platforms for shareholder convenience:

The results of the postal ballot will be announced by the Chairman and/or Company Secretary at the registered office on or before May 18, 2026, and will be communicated to both stock exchanges and made available on their respective websites.

Indef Manufacturing Limited has announced a key leadership change with the resignation of its Operations Head from senior management. The company submitted the formal intimation to stock exchanges on March 06, 2026, in compliance with regulatory requirements.

Leadership Transition Details

Shri Kiran Prabhakar Matkar, who served as Operations Head and qualified as Senior Management Personnel under Regulation 16(1)(d) of the Listing Regulations, has tendered his resignation from the company. The resignation was submitted citing personal and unavoidable circumstances as the primary reason for his departure.

Regulatory Compliance

The company has fulfilled all disclosure requirements under Regulation 30 and Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The formal communication was addressed to both BSE Limited and National Stock Exchange of India Limited, ensuring complete transparency in the leadership transition process.

Indef Manufacturing Limited confirmed that Matkar will be relieved from his duties with effect from the close of business hours on March 12, 2026. The company has provided comprehensive documentation including the resignation letter and required annexures as per SEBI guidelines.

Corporate Communication

The official intimation was signed by Vineesh Vijayan Thazhumpal, Company Secretary, and digitally authenticated on March 06, 2026. In his resignation letter, Matkar expressed gratitude to the management for the opportunity and support extended during his tenure with the company.

The departing Operations Head confirmed in his formal resignation that there were no other material reasons for his resignation beyond the personal circumstances stated. This leadership change represents a significant transition in the company's senior management structure as it continues its operational activities across multiple locations including works at Khalapur and Chakan.