Ion Exchange (India) Limited has issued a postal ballot notice dated March 18, 2026, seeking member approval for the Ion Exchange (India) Limited – Employee Stock Option Scheme 2026. The notice, submitted to BSE Limited and National Stock Exchange of India Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, outlines four special resolutions requiring shareholder consent.

Proposed Resolutions

The postal ballot seeks approval for four key matters related to the ESOP 2026:

Key Scheme Details

The ESOP 2026 proposes to grant up to 17,00,000 employee stock options, each convertible into one equity share of face value of Re. 1/- each. The scheme will be implemented through an irrevocable employee welfare trust named 'Ion Exchange ESOP Trust'. The shares required for the scheme will be sourced from secondary acquisition, representing approximately 1.16% of the paid-up capital.

The vesting period for options ranges from a minimum of 1 year to a maximum of 4 years from the date of grant. The exercise price will be determined by the Committee, subject to a maximum discount of up to 15% on the market price, but not less than the face value. The exercise period for vested options is a maximum of 4 years from the date of vesting.

Financial Assistance and Eligibility

The company seeks approval to provide financial assistance to the trust, limited to 5% of the aggregate of paid-up capital and free reserves. The loan may be interest-bearing or interest-free, with tenure based on the scheme term, and will be repayable from proceeds of exercise, permitted sale, or transfer of shares.

Eligible participants include employees working in India or outside India, directors (excluding independent directors), and employees of subsidiary companies. Promoters and persons belonging to the promoter group are excluded from eligibility. The maximum options per employee per grant shall not exceed 100,000, with an aggregate limit of 4,00,000 options per employee.

E-Voting Schedule

The remote e-voting facility will be available through NSDL during the following period:

The postal ballot notice is being sent electronically to members whose email addresses are registered with the company, its Registrar and Transfer Agent, or Depository Participants as on the cut-off date of Friday, April 17, 2026. The notice and e-voting instructions are available on the company's website and NSDL's e-voting portal.

Ion Exchange (India) Limited has filed its mandatory compliance certificate under SEBI regulations for the fourth quarter and year ended March 31, 2026. The water and environment management company submitted the required documentation to regulatory authorities and stock exchanges on April 7, 2026.

Regulatory Compliance Filing

The compliance certificate was filed pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to provide specific compliance confirmations regarding securities dematerialization processes during each quarter.

Regulatory Recipients

The compliance certificate was submitted to multiple regulatory and market authorities:

• Central Depository Services (India) Ltd - Marathon Futurex, Lower Parel, Mumbai
• National Securities Depository Ltd - Naman Chamber, Bandra Kurla Complex, Mumbai
• BSE Limited - P.J. Towers, Dalal Street, Mumbai (Scrip Code: 500214)
• National Stock Exchange of India Limited - Exchange Plaza, Bandra Kurla Complex, Mumbai (Symbol: IONEXCHANG)

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serves as Ion Exchange's Registrar and Transfer Agent. The registrar confirmed on April 3, 2026, that details of securities dematerialized during the quarter ended March 31, 2026 have been properly furnished to the depositories and stock exchanges where the company's equity shares are listed.

Compliance Framework

The filing represents part of Ion Exchange's ongoing regulatory compliance obligations as a publicly listed company. The SEBI regulations require companies to maintain transparency in their securities dematerialization processes and provide regular confirmations to market authorities and depositories.