Indus Aluminium Recyclers Limited (formerly known as Containerway International Limited) has accepted the resignation of Margi Nileshkumar Shah as its Company Secretary and Compliance Officer. The resignation is effective from the close of business hours on July 10, 2026, due to personal reasons. This change impacts the company's Key Managerial Personnel (KMP) structure as required under SEBI regulations.

The company informed BSE Limited pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation letter was received by the company on July 10, 2026. The Board of Directors has taken the necessary steps to record this change and ensure compliance with regulatory filings, including intimations to the stock exchanges and the Registrar of Companies.

The resignation was submitted solely due to personal reasons, with no other material factors cited. The detailed information regarding the change in KMP has been provided in accordance with Schedule III - Para A (7 & 7C) of Part A of the Listing Regulations. The Board meeting to discuss this matter was convened and concluded on the same day.

Details of Resignation

Sanket Sanjay Deora, Managing Director of Indus Aluminium Recyclers Limited, signed the regulatory filing confirming the acceptance of the resignation. The company has ensured that all procedural requirements for the departure of the Company Secretary and Compliance Officer have been fulfilled.

Indus Aluminium Recyclers Limited (Formerly known as Containerway International Limited) convened its 01/2026-27 Extra Ordinary General Meeting on July 2, 2026, to seek shareholder approval for increasing financial limits for investments and loans. The meeting, held via video conferencing, was chaired by Managing Director Sanket Sanjay Deora and included the participation of key managerial personnel and 24 members. The resolutions aimed at enhancing the company's flexibility in extending credit and providing securities were placed before the members for their consent.

Key Resolutions Presented

The EGM addressed two special resolutions critical to the company's financial operations. The first resolution sought approval to increase the limits for making investments, extending loans, and giving guarantees or providing securities in connection with loans to persons or bodies corporate. The second resolution focused on approving transactions under Section 185 of The Companies Act, 2013, which governs loans to directors and related entities.

Meeting Proceedings and Voting

M/s. Utkarsh Shah & Co., Practicing Company Secretary, was appointed as the scrutinizer to supervise the e-voting process. Remote e-voting commenced on June 29, 2026, and concluded on July 1, 2026, at 5 pm. Members who did not participate in remote e-voting were given the opportunity to vote during the meeting. The facility remained available for 15 minutes post the meeting's conclusion at 4:15 p.m.

Attendance and Disclosure

The meeting was attended by the Chairman & Managing Director Sanket Deora, Additional Director Vansh Arora, Additional Director and CFO Kunal Arora, and Additional Independent Director Pankeet Pankajkumar Aundhiya. The company confirmed that the voting results will be declared and disseminated on the stock exchanges on or before July 4, 2026. The results will also be uploaded on the websites of the company and Central Depository Services Limited.