Kotyark Industries Limited has published newspaper advertisements for its postal ballot notice in compliance with SEBI regulations, while maintaining its comprehensive e-voting process for key corporate appointments. The company continues its structured approach to shareholder engagement following its migration to the main board.

Regulatory Compliance and Advertisement Publication

The company has fulfilled its regulatory obligations by publishing postal ballot advertisements in newspapers on March 25, 2026. This publication ensures wider shareholder awareness and compliance with listing requirements.

E-Voting Timeline and Process

The remote e-voting process maintains its established timeline to ensure comprehensive shareholder participation. The company has engaged National Securities Depository Limited (NSDL) as the e-voting service provider for seamless digital voting.

Key Resolutions for Approval

The postal ballot contains two significant resolutions requiring shareholder approval, both aligned with the company's corporate governance enhancement strategy following main board migration.

Director Appointment Resolution

The first resolution seeks approval for Mr. Viral Mukeshbhai Mamtora's appointment as Non-Executive Independent Director, bringing valuable finance and accounts expertise to the board.

Secretarial Auditor Appointment

The second resolution addresses the appointment of M/s. Mittal V. Kothari & Associates as Secretarial Auditor for a five-year term, ensuring regulatory compliance following the company's main board listing.

Corporate Governance Framework

These appointments represent Kotyark Industries' systematic approach to strengthening corporate governance following its main board transition. The five-year secretarial auditor term provides stability in compliance oversight, while the independent director appointment enhances board expertise in financial matters.

The postal ballot process demonstrates the company's commitment to transparent shareholder engagement and regulatory compliance. The electronic voting system ensures accessibility for all shareholders while maintaining the integrity of the approval process for these crucial appointments.

Gaurang R Shah HUF, a member of the promoter group of Kotyark Industries Limited, has disclosed a substantial reduction in its shareholding through an open market transaction. The HUF disposed of 2,00,000 equity shares, representing 1.95% of the company's total share capital, on March 12, 2026.

Transaction Details

The disposal was executed through an open market sale and disclosed under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The transaction details are as follows:

Impact on Shareholding Pattern

The disposal has resulted in a significant change in the shareholding pattern of the promoter group. Gaurang R Shah HUF's individual holding in Kotyark Industries has decreased from 6.41% to 4.47% following this transaction.

Promoter Group Holdings

The total promoter group holding has also been impacted by this transaction. The promoter group, which includes Gaurang R Shah HUF along with 17 other entities and individuals, saw its collective shareholding reduce from 66.88% to 64.94%.

Key promoter group members and their current holdings include:

• Mr. Gaurang Rameshchandra Shah: 51,66,135 shares (50.26%)
• Mrs. Bhaviniben Gaurang Shah: 8,83,887 shares (8.60%)
• Gaurang R Shah HUF: 4,59,200 shares (4.47%)
• Mr. Brijkumar Gaurang Shah: 97,500 shares (0.95%)
• Mr. Vandan Gaurang Shah: 67,500 shares (0.66%)

Company Capital Structure

Kotyark Industries Limited's equity share capital remains unchanged following this transaction. The company's capital structure consists of ₹10,27,91,160 divided into 1,02,79,116 equity shares of ₹10.00 each. The company's shares are listed on both the National Stock Exchange of India Limited and BSE Limited.

This disclosure reflects the regulatory compliance requirements for substantial acquisitions and disposals, ensuring transparency in shareholding changes among promoter group entities.