Kaiser Corporation Limited has initiated a postal ballot process to seek shareholder approval for the regularization of Ms. Anchal Manoj Kumar Yadav and Ms. Radhika Suraj Gaud as Non-Executive & Independent Directors. The e-voting period commences on July 25, 2026, and concludes on August 23, 2026. This move ensures compliance with Section 161 of the Companies Act, 2013, which mandates shareholder ratification for additional director appointments within three months or at the next general meeting, whichever is earlier.

The Postal Ballot Notice, dated July 22, 2026, outlines the special resolutions requiring approval. The cut-off date for determining voting eligibility is July 23, 2026. Shareholders holding shares in physical or demat form as of this date are entitled to vote electronically via Purva Sharegistry (India) Private Limited. Sameer Panchal, Company Secretaries, has been engaged as the Scrutinizer to ensure a fair process. Results are expected by August 24, 2026.

Director Regularization Details

Shareholders are asked to approve the transition of two individuals from Additional Directors to Independent Directors for five-year terms:

Ms. Yadav brings expertise in Criminal Law, Civil Law, and Real Estate matters, holding a Bachelor of Law from Mumbai University. Ms. Gaud offers over six years of experience in corporate governance, statutory compliances under the Companies Act, 2013, and Reserve Bank of India regulations. Both candidates are unrelated to existing directors or Key Managerial Personnel.

Voting Process and Timeline

Voting is exclusively electronic; physical ballot forms are not dispatched. Key dates include:

• Cut-off Date: July 23, 2026
• E-voting Start: July 25, 2026, at 9:00 a.m. IST
• E-voting End: August 23, 2026, at 5:00 p.m. IST
• Result Declaration: On or before August 24, 2026

Demat account holders can vote via single login credentials through CDSL or NSDL platforms, as per SEBI Circular No. SEBI/HO/CFD/CMD/CIR/P/2020/242. Physical shareholders must register their email addresses with Purva Sharegistry to participate. Grievances may be addressed to Ms. Deepali Dhuri, Compliance Officer at Purva Sharegistry.

Regulatory Compliance

The process adheres to Sections 108 and 110 of the Companies Act, 2013, Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Secretarial Standard-2 on General Meetings. The initial appointment of Ms. Gaud was approved via circular resolution on July 20, 2026, in compliance with Section 175 of the Companies Act, 2013.

Kaiser Corporation Ltd has accepted the resignation of Ms. Hufrish Variava as Independent Director, effective July 17, 2026. The resignation was submitted via email citing pre-occupation in other entities. Consequently, Ms. Variava has ceased to be a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee of the company.

The company disclosed that Ms. Variava confirmed there were no material reasons for her resignation other than those mentioned in her resignation letter. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Ms. Variava requested the Board to relieve her of all liabilities and duties effective July 17, 2026. She also requested the necessary intimation be sent to the Stock Exchange and Registrar of Companies in accordance with applicable laws.

The resignation details were provided in accordance with Schedule III - Para A(7B) of Part A of the Listing Regulations and the SEBI Master Circular dated January 30, 2026. The company confirmed that the detailed reasons for the resignation were due to other reasons and pre-occupation in other entities.

Resignation Details