Indo Borax & Chemicals Limited has dispatched a comprehensive postal ballot notice to shareholders on April 8, 2026, seeking approval for multiple strategic corporate resolutions that will shape the company's future growth trajectory and employee compensation framework.

Employee Stock Option Plan 2026

The company proposes to implement "Indo Borax & Chemicals Limited Employee Stock Option Plan - ESOP 2026" to reward key employees and align their interests with long-term shareholder value creation. The scheme encompasses significant parameters designed to attract and retain talent while fostering organizational growth.

The ESOP 2026 targets employees working in India or outside India, including directors (excluding promoters, independent directors, and those holding more than 10% equity). The Nomination and Remuneration Committee will administer the scheme as the designated Compensation Committee, determining eligibility based on performance, role criticality, and contribution to business growth.

Enhanced Investment Authority

The postal ballot seeks shareholder approval to enhance the company's investment, lending, and guarantee limits under Section 186 of the Companies Act, 2013. This strategic expansion reflects the company's ambitious growth plans and operational requirements.

The enhanced limits will enable the company to make investments, provide loans, guarantees, and securities to various persons and body corporates, including subsidiaries and associates, supporting long-term business expansion strategies.

Director Compensation Framework

The company proposes establishing a commission structure for non-executive directors, recognizing their expertise and contribution to corporate governance. The resolution seeks approval for commission payments within 1% of net profits computed under Section 198 of the Companies Act, effective from April 1, 2026, for a five-year period.

Voting Process and Timeline

The postal ballot follows a comprehensive e-voting process administered by MUFG Intime India Private Limited, ensuring transparent and efficient shareholder participation.

CS Sandhya Malhotra (Membership No.: FCS 6715), Partner at M/s. Manish Ghia & Associates, has been appointed as scrutinizer to conduct the postal ballot process in a fair and transparent manner. The voting rights will be proportionate to shareholders' paid-up equity share capital as on the cut-off date.

Regulatory Compliance

The postal ballot notice complies with provisions of Sections 108 and 110 of the Companies Act, 2013, SEBI regulations, and MCA circulars, including the latest General Circular No. 03/2025 dated September 22, 2025. The notice is being sent electronically to members whose email addresses are registered with the company or depositories.

The resolutions, if approved by requisite majority, will be deemed passed on May 8, 2026, with results simultaneously communicated to BSE Limited and National Stock Exchange of India Limited where the company's equity shares are listed.

Indo borax & chemicals Ltd has fulfilled its quarterly regulatory obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for Q4FY26. The submission demonstrates the company's commitment to maintaining compliance with securities market regulations.

Regulatory Compliance Details

The certificate submission covers the quarter ended 31st March, 2026, as required under Regulation 74(5) of SEBI regulations. Company Secretary and Compliance Officer Pravin Chavan signed the submission letter on 8th April, 2026, ensuring timely compliance with regulatory deadlines.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, serves as the company's registrar and transfer agent. The registrar issued the compliance certificate confirming proper handling of dematerialisation processes during the quarter.

Sr. Vice President-Corporate Registry Ashok Shetty signed the certificate on behalf of MUFG Intime India Private Limited. The certificate confirms that securities received from depository participants for dematerialisation were properly processed and that all regulatory timelines were met.

Stock Exchange Notifications

The company submitted the certificate to both major Indian stock exchanges where its shares are listed:

Certificate Confirmation

The registrar's certificate confirms several key compliance aspects:

• Securities received for dematerialisation were confirmed to depositories within prescribed timelines
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners
• All processes followed SEBI regulatory requirements

This quarterly submission represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and dematerialisation processes. The company maintains its registered office at 302, 3rd Floor Link Rose Building, Linking Road, Santacruz (West), Mumbai.