Lodha Developers Limited has announced a postal ballot to seek shareholder approval for key board appointments through remote e-voting. The company published newspaper advertisements in Business Standard and Navshakti on April 29, 2026, informing shareholders about the upcoming voting process.

Board Appointment Proposals

The postal ballot includes two special resolutions for shareholder consideration:

Both resolutions require approval through special resolutions, indicating their significance for the company's governance structure.

E-Voting Process and Timeline

The company has implemented a fully electronic voting system in compliance with regulatory requirements. The postal ballot notice was sent electronically on April 28, 2026, to members whose email addresses are registered with the company or its registrar, MUFG Intime India Private Limited.

Key Voting Dates

Regulatory Compliance and Documentation

The postal ballot process adheres to multiple regulatory frameworks, including Section 108 and 110 of the Companies Act, 2013, SEBI Listing Regulations, and various MCA circulars. The company has appointed Mr. Shravan A. Gupta of M/s. Shravan A. Gupta & Associates as the Scrutinizer to ensure fair and transparent conduct of the voting process.

Shareholders can access the complete postal ballot notice on the company's website at www.lodhagroup.com , stock exchange websites, and MUFG's platform at https://instavote.linkintime.co.in . The notice includes detailed instructions for e-voting and procedures for shareholders who need to register or update their email addresses.

Shareholder Eligibility and Rights

Only shareholders whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date of April 24, 2026, are eligible to participate in the voting process. Voting rights will be proportionate to shareholding in the company's paid-up equity share capital as of the cut-off date. Once cast, votes cannot be changed, and the e-voting module will be disabled immediately after the voting period ends on May 28, 2026.

Lodha Developers Limited has issued a postal ballot notice seeking shareholder approval for key board appointments through special resolutions. The company announced the postal ballot process for the appointment of Mr Akhil Gupta and re-appointment of Mr Lee Polisano as Independent Directors, with e-voting scheduled from April 29, 2026 to May 28, 2026.

Postal Ballot Process Details

The company has issued the postal ballot notice pursuant to Regulation 30 of SEBI Listing Regulations, with the following key timelines:

Special Resolutions for Approval

Shareholders will vote on two special resolutions through remote e-voting:

Director Appointment Details

The Board of Directors had previously approved these appointments on April 24, 2026, based on recommendations from the Nomination and Remuneration Committee:

Mr Akhil Gupta - New Independent Director

Mr Akhil Gupta has been appointed as Additional (Non-Executive, Independent) Director for a five-year term from April 24, 2026 to April 23, 2031. His extensive background includes:

Mr Gupta has received numerous prestigious awards including the Tele.Net Outstanding Contribution to Infrastructure and Telecom Development Award, ET Telecom Lifetime Achievement Award, Voice & Data Lifetime Contribution Award, EY Entrepreneur of the Year Award, and CA Lifetime Achievement Award by ICAI.

Mr Lee Polisano - Re-appointment for Second Term

Mr Lee Polisano will serve his second term as Independent Director from July 30, 2026 to July 29, 2031. He brings extensive expertise as an internationally recognised architect and urban designer, serving as the Founding Partner and President of PLP Architecture (UK). His professional credentials include:

• Over 45 years of professional experience
• Fellow of the American Institute of Architects (FAIA)
• Member of the Royal Institute of British Architects (RIBA)
• Global governing trustee of the ULI

Mr Polisano has led significant developments in London and internationally across Europe, the Middle East and Asia, including major commercial, residential and institutional projects.

Regulatory Compliance and Voting Process

The postal ballot notice complies with SEBI Listing Regulations under Regulation 30, with detailed disclosures provided as per regulatory requirements. The notice is being sent only through electronic mode to members whose email addresses are registered with the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited.

Both appointments reflect Lodha Developers' commitment to strengthening its board with experienced professionals who bring diverse expertise in architecture, urban planning, telecommunications, and strategic business transformation. The company has confirmed that neither director is related to existing board members and both are eligible to hold directorship positions without any regulatory restrictions.