Jay Bharat Maruti accepted the resignation of Ms. Shubha Singh as Company Secretary and Compliance Officer, effective September 19, 2026.

The company disclosed the departure to stock exchanges on September 20, 2026, stating that Ms. Singh resigned due to personal reasons. The board confirmed that no other material reasons were cited for her exit.

Regulatory Disclosure

The filing was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company also referenced Schedule III of the Listing Regulations and SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024.

Ms. Singh, who holds membership number A16735, submitted her resignation letter on September 19, 2026. The resignation was accepted at 6:00 pm on the same day.

Key Details

• Resigned Officer: Ms. Shubha Singh
• Designation: Company Secretary & Compliance Officer
• Effective Date: September 19, 2026
• Reason: Personal reasons

Anand Swaroop, Executive Director and CFO of Jay Bharat Maruti, signed the intimation letter. The company requested stock exchanges to take the matter on record.

Jay Bharat Maruti shareholders approved a final dividend of ₹0.70 per equity share for FY26 alongside material related-party transactions with Maruti Suzuki India Limited and Neel Metal Products Limited. The resolutions were passed at the company’s 39th Annual General Meeting held on August 26, 2026.

The meeting also saw the re-appointment of Executive Director and CFO Anand Swaroop, who retires by rotation. Shareholders further approved the remuneration of Chairman Surendra Kumar Arya for FY27 and the re-appointment of Madhusudan Prasad as an Independent Director for a second consecutive three-year term. Krishan Kumar Jalan was appointed as a new Independent Director.

Key Resolutions Passed

All eleven items on the agenda were approved by shareholders. The voting process included remote e-voting from August 23 to August 25, 2026, and e-voting during the meeting conducted via Video Conferencing or Other Audio-Visual Means.

Voting Participation

As on the cut-off date of August 19, 2026, the company had 39,139 equity shareholders. A total of 84,009,572 votes were polled across all resolutions, representing approximately 77.6% of the outstanding shares. Promoter and promoter group shareholders held 64,243,395 shares, while public non-institutional shareholders held 42,778,608 shares.

For the material related-party transactions with Maruti Suzuki and Neel Metal Products, related parties abstained from voting as per Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Consequently, no votes were cast by the promoter group on these specific items.

What the Numbers Show

Promoter participation was near-universal for standard governance resolutions, with 100% of their polled votes cast in favour of adopting financials and appointing directors. However, institutional public shareholders voted unanimously against the remuneration resolution for Chairman Surendra Kumar Arya and the re-appointment of Independent Director Madhusudan Prasad, casting 75,015 votes each against these special resolutions. Despite this institutional dissent, the resolutions passed comfortably due to overwhelming support from promoter and retail non-institutional shareholders.