Kothari Industrial Corporation Limited has published newspaper advertisements confirming the dispatch of postal ballot notice, fulfilling its regulatory compliance requirements under SEBI listing regulations.

Regulatory Compliance

The company published the postal ballot notice advertisement in two newspapers on March 26, 2026, as required under Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Corporate Communication

The formal communication to BSE Limited was signed by Anil Kumar Padhiali, who serves as Company Secretary and Compliance Officer. The document was digitally signed on March 26, 2026, at 15:00:34 +05'30'.

Company Information

Kothari Industrial Corporation Limited operates with CIN No. L81100TN1970PLC005865. The company's registered office is located at Kothari Building - No.114/117, Mahatma Gandhi Salai, Nungambakkam, Chennai - 600034.

The newspaper publication serves to inform stakeholders about the dispatch of postal ballot notice, ensuring transparency in corporate governance processes. The company has requested BSE Limited to take note of this compliance action for their records.

Kothari Industrial Corporation Limited has issued a postal ballot notice dated March 25, 2026, seeking shareholder approval for key board appointments and promoter reclassification through remote e-voting. The company has set March 20, 2026 as the cut-off date for voting rights determination.

Postal Ballot Schedule and Key Dates

The company has announced a comprehensive voting schedule for shareholders to participate in the postal ballot process. The notice was dispatched electronically on March 25, 2026, to all eligible members.

Director Appointments Under Consideration

The postal ballot seeks approval for two significant board appointments that were previously approved by the board of directors during their meeting on March 19, 2026.

Women Independent Director Appointment

The company proposes to appoint Mrs. Priya Rao (DIN: 00717336) as Women Independent Director for a five-year term from February 16, 2026 to February 15, 2031. Mrs. Rao brings over 21 years of experience in process governance, property management, and clinical management across manufacturing, real estate, education, and healthcare sectors. She currently serves as Vice President of Portfolio Operations at NSEW Properties and holds a Post Graduate Diploma in Business Administration from NMIMS, Mumbai.

Non-Executive Director Appointment

Ms. Rafiq Ahmed Sulaiha Banu (DIN: 11609138) has been proposed for appointment as Non-Executive Non Independent Director effective March 20, 2026. She is currently pursuing Bachelor of Commerce in Corporate Secretaryship from M.O.P. Vaishnav College for Women, Chennai, and has completed an internship with the company's Company Secretary Department in May 2025.

Promoter Reclassification Proposal

The postal ballot also includes approval for reclassifying certain promoters from "Promoter/Promoter Group" to "Public Category" under SEBI LODR Regulations. The reclassification involves Asha Thayer (103,890 shares, 0.10% shareholding) and Govinddas Mohan Das (450 shares, 0% shareholding). The company has received no objection from BSE Limited for this reclassification, with board approval obtained on November 29, 2025.

Regulatory Compliance and Voting Process

The postal ballot process complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 and Companies Act 2013 provisions. Central Depository Services (India) Limited (CDSL) has been appointed to facilitate the e-voting system, with Mr. Santosh Kumar Senapati (Membership No. 11548, CP No. 16782) serving as the Scrutinizer.

Shareholders can access the postal ballot notice and vote through the company website at www.kotharis.in and CDSL's e-voting platform at www.evotingindia.com . The results will be declared within two working days after the voting period concludes on April 24, 2026.