Maheshwari Logistics Limited has appointed M/s. Shailendra Jain & Associates as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment during its meeting held on May 30, 2026. The firm will serve in this capacity for the duration of the upcoming financial year.

The appointment was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. M/s. Shailendra Jain & Associates brings experience in direct and indirect tax, internal audit, quality assurance, risk management, and compliance.

Details of Appointment

The following table outlines the key details regarding the new internal auditor:

The disclosure regarding the appointment was submitted to the National Stock Exchange of India Limited. Gaurav Rajesh Jhunhunwala, Company Secretary & Compliance Officer, signed the intimation on behalf of Maheshwari Logistics .

Maheshwari Logistics Limited has issued a Postal Ballot Notice dated April 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, seeking approval of its members through a remote e-voting process. The notice pertains to the regularisation of the appointment of Mr. Palash Maheshwari (DIN: 08307839) as a Non-Executive Director of the Company. The communication was dispatched to the National Stock Exchange of India Limited on May 04, 2026, and signed by Gaurav Rajesh Jhunjhunwala, Company Secretary and Compliance Officer.

Appointment Background and Regulatory Context

Mr. Palash Maheshwari was appointed as an Additional Director (Category: Non-Executive Director) of the Company with effect from February 15, 2026, based on the recommendation of the Nomination and Remuneration Committee and approval of the Board of Directors at their respective meetings held on February 14, 2026. The appointment was made under Section 161(1) of the Companies Act, 2013 and the Articles of Association of the Company.

In terms of Regulation 17(1C) of the SEBI Listing Regulations, any director appointed by the Board must receive shareholder approval at the next general meeting or within three months from the date of appointment, whichever is earlier. Since the three-month period from February 15, 2026 would expire before the convening of the ensuing Annual General Meeting, the Company is seeking member approval through the Postal Ballot route. If approved, Mr. Palash Maheshwari will be confirmed as a Non-Executive Director, liable to retire by rotation, for a period of five consecutive years from February 15, 2026 to February 14, 2031.

Profile of the Proposed Director

The following details regarding Mr. Palash Maheshwari have been disclosed in accordance with Regulation 36(3) of the SEBI Listing Regulations and Secretarial Standard on General Meetings (SS-2):

Mr. Palash Maheshwari completed his B.Tech from Narsee Monjee Institute of Management Studies (NMIMS) in 2022, following which he joined the Company and led a brownfield expansion project involving a monocarton manufacturing unit. He subsequently completed his MSc. in Management from London Business School, graduating in December 2025. The Nomination and Remuneration Committee and the Board of Directors have reviewed his profile and experience and recommended his appointment as Non-Executive Director.

Postal Ballot Process and Key Dates

The Company has engaged Bigshare Services Private Limited as the e-voting agency to facilitate the remote e-voting process. The Postal Ballot Notice has been sent exclusively through electronic mode to members whose email addresses are registered with the Company, its Registrar and Transfer Agent, or the Depositories, as on the cut-off date of May 01, 2026. Physical copies of the Postal Ballot Notice and forms are not being dispatched.

The following calendar of key events has been established for the Postal Ballot process:

Ms. Shilpi Thapar, Practicing Company Secretary (Membership No.: 5492, Certificate of Practice No.: 6779) of M/s. Shilpi Thapar & Associates, Ahmedabad, has been appointed as the Scrutinizer to oversee the Postal Ballot process in a fair and transparent manner. The voting results and Scrutinizer's Report will be submitted to the Stock Exchanges and uploaded on the Company's website at www.mlpl.biz within two working days of the conclusion of the e-voting period.

Interest of Directors and Key Managerial Personnel

Except Mr. Neeraj Maheshwari and Mr. Palash Maheshwari, none of the other Directors, Key Managerial Personnel of the Company, or their respective relatives are concerned or interested, financially or otherwise, in the proposed resolution. The Board of Directors has recommended the passing of the Ordinary Resolution as set out in the Postal Ballot Notice.