indef manufacturing Limited has notified stock exchanges of an upcoming Board of Directors meeting scheduled for Monday, May 25, 2026. The intimation has been filed pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was communicated to both BSE Limited and the National Stock Exchange of India Limited on May 19, 2026.

Board Meeting Agenda

The board meeting has been convened to transact the following key business items:

• Audited Financial Results: Consider and approve the audited financial results (standalone and consolidated) for the quarter and financial year ended on March 31, 2026
• Audited Financial Statements: Consider and approve the audited financial statements (standalone and consolidated) for the year ended on March 31, 2026
• Final Dividend: Consider the recommendation of the final dividend, if any, for the Financial Year 2025-26

Key Meeting Details

The following table summarises the key details of the scheduled board meeting:

Trading Window Closure

In accordance with the company's earlier communication dated March 31, 2026, the trading window for dealing in the securities of Indef Manufacturing has been closed for all Connected/Designated Persons from April 01, 2026. The trading window shall remain closed until 48 hours after the announcement of the audited standalone and consolidated financial results, i.e., up to May 27, 2026 (both days inclusive).

The intimation was signed by Vineesh Vijayan Thazhumpal, Company Secretary (A63683), on May 19, 2026. Indef Manufacturing Limited is the resulting company from the demerger of Hercules Hoists Limited, with its registered office at Bajaj Bhawan, 2nd Floor, 226, Jamnalal Bajaj Marg, Mumbai 400 021, and its corporate office at 501-504, Shelton Cubix, Sector 15, Plot 87, CBD Belapur, Navi Mumbai 400614.

Indef Manufacturing Limited, the resulting company from the demerger of Hercules Hoists Limited, has successfully passed a special resolution through postal ballot to revise the remuneration of its Managing Director, Shri Amit Bhalla (DIN: 08215712). The e-voting process, facilitated by MUFG Intime India Private Limited (formerly known as Link Intime India Private Limited), was conducted from 9:00 a.m. (IST) on April 16, 2026 to 5:00 p.m. (IST) on May 15, 2026, in compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Overview

The record date for determining eligible shareholders was April 10, 2026, on which date the Postal Ballot Notice was also issued. The company dispatched the notice via e-mail to 18,812 members on April 15, 2026, who had registered their email IDs with the Company, Depositories, Depository Participants, or the Registrar and Share Transfer Agent. The total number of shareholders on the record date stood at 20003. An advertisement regarding the postal ballot was published on April 16, 2026 in the Free Press Journal (English Newspaper) and Nav Shakti (Marathi Newspaper).

The scrutinizer for the postal ballot process was Mr. S. N. Viswanathan (FCS 13685, COP 24335), Managing Partner of S. N. Ananthasubramanian & Co., Company Secretaries, who submitted his report dated May 15, 2026, confirming that all votes cast were valid and the special resolution was passed with the requisite majority.

Voting Results: Resolution on MD Remuneration Revision

The sole special resolution pertained to the revision in remuneration of Shri Amit Bhalla (DIN: 08215712), Managing Director of the Company. The following table presents the detailed voting outcome across shareholder categories:

The promoter and promoter group cast all 22275720 votes in favour of the resolution, representing 100% participation. Public institutional shareholders polled 500328 votes out of 541564 shares held, with all votes cast in favour. Among public non-institutional shareholders, 29465 votes were polled out of 9182716 shares held, with 27727 votes in favour and 1738 votes against.

Summary of Ballot Outcome

The scrutinizer's consolidated result for the special resolution is presented below:

The special resolution on revision of remuneration of the Managing Director was passed with requisite majority, with 99.9924% of valid votes polled cast in assent and 0.0076% in dissent. The voting results were submitted to BSE Limited and the National Stock Exchange of India Limited on May 18, 2026, by Vineesh Vijayan Thazhumpal, Company Secretary (A63683), in accordance with Regulation 44 of the SEBI Listing Regulations, 2015.