Intec Capital Limited has formally disclosed the appointment of Mr. Saurabh Sharma as Independent Director following successful completion of its postal ballot process. The company submitted regulatory disclosures to BSE Limited on March 20, 2026, confirming shareholder approval for three key corporate resolutions.

Regulatory Disclosure and Compliance

Pursuant to Regulation 30 of SEBI Listing Regulations, the company informed BSE Limited about the appointment of Mr. Saurabh Sharma (DIN: 09263133) as Independent Director. Company Secretary and Compliance Officer Niharika Gupta submitted the comprehensive disclosure, confirming that the director is not debarred from holding office by SEBI or any other authority.

Director Profile and Qualifications

Mr. Saurabh Sharma brings significant expertise to the board as a law graduate with extensive professional experience in corporate and regulatory matters. His appointment strengthens the company's governance framework with specialized knowledge in legal compliance and advisory functions.

Postal Ballot Results Overview

The postal ballot process concluded successfully with overwhelming shareholder support across all three resolutions. The e-voting period ran from February 18, 2026, to March 19, 2026, with 2178 eligible shareholders participating based on the cut-off date of February 13, 2026.

Resolution Voting Results

All three resolutions received exceptional approval rates exceeding 99.95%. The independent director appointment resolution achieved the highest participation among shareholders.

Process Administration and Oversight

CS Priyank Kukreja served as the appointed scrutinizer for the postal ballot process, ensuring compliance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The scrutinizer's report dated March 20, 2026, confirmed the validity of all voting results and procedural adherence.

The voting results and complete documentation have been made available on the company's website at www.inteccapital.com , BSE website, and CDSL's e-voting platform, ensuring transparency and regulatory compliance.

Intec Capital Limited's Board of Directors held a significant meeting on March 16, 2026, addressing crucial policy matters related to loan portfolio management. The company informed BSE Limited about key decisions taken during the board meeting in compliance with regulatory requirements.

Board Meeting Outcomes

The board meeting resulted in two major approvals that will impact the company's loan management operations:

Regulatory Compliance

The disclosure was made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Niharika Gupta (Membership No. A59325) signed the communication to BSE Limited, ensuring proper regulatory compliance.

Policy Significance

The approval of the Policy on Transfer of Stressed/Defaulted Loans represents a strategic move by Intec Capital Limited to establish formal guidelines for managing distressed assets. The simultaneous authorization for transfer and assignment of defaulted loans indicates the company's proactive approach to portfolio management.

The board meeting was conducted efficiently, concluding within 20 minutes, demonstrating focused decision-making on these important policy matters. These developments reflect the company's commitment to maintaining robust governance standards while addressing operational requirements in loan portfolio management.