Kalind Limited successfully conducted its Extraordinary General Meeting on March 27, 2026, achieving unanimous approval for all nine proposed resolutions. The meeting, held through video conferencing from 12:30 p.m. to 12:38 p.m., demonstrated strong shareholder confidence in the company's strategic direction with comprehensive voting participation.

Meeting Participation and Attendance

The EGM witnessed participation from 42 shareholders through video conferencing, representing a total of 17,271,256 shares or 14.17% of the company's total capital. The attendance breakdown showed strong promoter participation alongside public shareholders from the company's total shareholder base of 12,558 shareholders.

Key Appointments and Leadership Changes

The meeting approved several critical appointments to strengthen the company's leadership structure. Shareholders unanimously approved the appointment of Mr. Vishal Patil (DIN: 08054088) as a Non-Executive Independent Director through a special resolution, receiving 36,142,726 votes in favor with 100.00% approval rate.

Additionally, the appointment of Mrs. Ketanaben Jasani (DIN: 09842742) as a Non-Executive Non-Independent Director was approved through an ordinary resolution. The company also appointed D G K T & CO LLP, Chartered Accountants (Firm Registration No. 151804W/W100761) as statutory auditors to fill a casual vacancy.

Financial and Operational Authorizations

Shareholders provided comprehensive approvals for various financial and operational matters essential for business growth. All financial resolutions achieved unanimous approval with 36,142,726 votes in favor, demonstrating strong shareholder confidence in management's strategic direction.

The meeting also approved the increase in authorized share capital and consequent amendment to the capital clause of the Memorandum of Association through an ordinary resolution.

Comprehensive Voting Process and Results

The company implemented a comprehensive voting mechanism combining remote e-voting and venue voting. Remote e-voting commenced on March 24, 2026, at 09:00 A.M. and concluded on March 26, 2026, at 05:00 P.M. Mrs. Riddhi Shah, Practising Company Secretary, served as the scrutinizer for both remote and venue voting processes.

All resolutions achieved 100.00% approval rates with no dissenting votes recorded across any category. The voting pattern demonstrated strong alignment between promoter and public shareholder interests, with vote counts varying based on shareholder interest in specific resolutions.

Regulatory Compliance and Documentation

The meeting addressed important regulatory compliance matters, including the ratification of the detailed auditor's certificate related to the company's name change application submitted to BSE. This special resolution, passed pursuant to Regulation 45(3) of SEBI (LODR) Regulations, 2015, received unanimous approval with 36,142,726 votes, maintaining the company's perfect approval record.

The comprehensive documentation and scrutinizer's report confirm full compliance with regulatory requirements under the Companies Act, 2013, and SEBI regulations. The meeting's proceedings were conducted in accordance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, ensuring transparency and proper governance standards throughout the process.

Kalind Limited has announced the resignation of its Independent Director Mr. Gaurav Luthra, effective March 17, 2026. The company informed the Bombay Stock Exchange about this board composition change in compliance with Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Mr. Gaurav Luthra (DIN: 08023492) tendered his resignation from the position of Independent Director with effect from the close of business hours on March 17, 2026. Following his resignation, he has also stepped down from all Board Committees where he served as Chairman or Member.

Reasons for Resignation

In his resignation letter dated March 17, 2026, Mr. Luthra cited specific reasons for his decision to step down:

• Geographical Distance: Mr. Luthra is based in Agra while the company's operations are primarily conducted from Surat
• Professional Commitments: As a Practicing Chartered Accountant, he finds it increasingly difficult to devote adequate time required for effectively discharging his duties
• Proximity-based Oversight: He believes stepping down would allow the company to induct an Independent Director who can provide better proximity-based oversight

Mr. Luthra confirmed in his resignation letter that there are no other material reasons for his resignation beyond those mentioned above.

Regulatory Compliance

The company has fulfilled its regulatory obligations by filing the necessary disclosures with the Bombay Stock Exchange under Regulation 30 of SEBI Listing Regulations. The announcement was signed by Ayush Dharmendrabhai Jasani, Vice Chairman & Managing Director (DIN: 09842741), and includes all required annexures as per SEBI guidelines.

Professional Acknowledgment

In his resignation letter, Mr. Luthra expressed sincere appreciation for the cooperation and support extended by the Board members and management during his tenure. He wished the company continued success in all its future endeavors and requested the company to arrange necessary filings with the Registrar of Companies and BSE Limited in accordance with applicable provisions.