Indo Rama Synthetics (India) Limited has successfully completed the dispatch of postal ballot notices to all eligible shareholders on March 23rd, 2026, initiating a corporate governance process for key director appointments. The company is seeking shareholder approval through remote e-voting for two significant board positions.

Proposed Director Appointments

The postal ballot covers two special business resolutions that require shareholder approval:

These appointments represent strategic additions to the company's board structure, with both positions requiring formal shareholder consent under the Companies Act, 2013.

Remote E-Voting Process and Timeline

The company has implemented a comprehensive remote e-voting system through National Securities Depository Limited (NSDL) to facilitate shareholder participation. The voting process follows strict regulatory guidelines under Sections 108 and 110 of the Companies Act, 2013.

Shareholders whose names appear on the Register of Members or List of Beneficial Owners as of the cut-off date are eligible to participate in the remote e-voting process.

Compliance and Documentation

In compliance with MCA and SEBI circulars, the postal ballot notices have been sent electronically to members who have registered their email addresses with the company or depository participants. The company has confirmed that hard copies of notices along with postal ballot forms will not be dispatched for this postal ballot process.

All material documents referenced in the explanatory statement will be available for inspection at the company's corporate office and registered office during 2:00 PM IST to 4:00 PM IST on working days until the last date of voting. Members requiring inspection can contact the company at corp@indorama-ind.com .

Corporate Office and Communication

The results will be declared at the company's corporate office located at Plot No. 53 & 54, Delhi Press Building, Udyog Vihar, Phase-IV, Gurugram-122015, Haryana. The scrutinizer's report and voting results will be made available on the company's website at www.indoramaindia.com and communicated to both NSE and BSE where the company's equity shares are listed.

Shareholders with queries regarding the e-voting process can refer to the FAQs available at www.evoting.nsdl.com or contact NSDL at 022-4886 7000 or email evoting@nsdl.com for technical assistance.

Source: None/Company/INE156A01020/081c7660-d079-4f37-8d5b-90c6f119ba63.pdf

Indo Rama Synthetics (India) Limited has announced the detailed schedule for remote e-voting on its postal ballot seeking shareholder approval for key director appointments. The company set March 20, 2026 as the cut-off date for determining voting entitlements and has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility.

E-Voting Schedule and Process

The remote e-voting process will be conducted exclusively through electronic means, with no physical postal ballot forms being distributed. The company has outlined a comprehensive timeline for the voting process:

Proposed Director Appointments

Shareholders will vote on two significant appointments through ordinary and special resolutions:

Ordinary Resolution: Appointment of Mr. Vipin Kumar (DIN: 07355025) as Non-Executive, Non-Independent Director. Mr. Kumar brings 33+ years of experience in polyester fiber and filament business operations and currently serves as Chief Commercial Officer for Fibers business at Indorama Ventures PCL.

Special Resolution: Appointment of Mr. Sanjay Gupta (DIN: 11471106) as Whole-Time Director for a three-year term from January 31, 2026 to January 30, 2029. Mr. Gupta, an IIT Delhi graduate, has 42+ years of experience in large-scale manufacturing operations and strategic business transformation in the polyester industry.

Remuneration and Terms

Mr. Sanjay Gupta's appointment includes comprehensive remuneration package with basic salary of ₹5,21,624 per month, along with various allowances including HRA of ₹3,12,974 monthly, conveyance allowance, and other benefits as per company policy.

Voting Eligibility and Access

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date will be eligible to participate. The company has sent postal ballot notices via email to registered addresses and made the notice available on its website at www.indoramaindia.com . CS Jaya Yadav has been appointed as the scrutinizer to conduct the postal ballot process.

The resolutions, if approved by requisite majority, will be deemed passed on April 22, 2026, the last date of remote e-voting.