Mamata Machinery Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the continuation of Mr. Subba Padubidri Bangera as Non-Executive Independent Director beyond the age of 75 years. The special resolution was deemed approved on April 04, 2026, following the completion of the remote e-voting period.

Official Regulatory Disclosure

The company formally disclosed the voting results to BSE Limited and National Stock Exchange of India Limited on April 06, 2026, in compliance with regulatory requirements. Company Secretary Madhuri Sharma submitted the comprehensive documentation including the scrutinizer's report, voting results pursuant to Regulation 44(3) of SEBI(LODR) Regulations, 2015, and certified true copy of the approved resolutions.

Voting Results and Process

The postal ballot witnessed exceptional shareholder participation and support for the resolution. The voting results demonstrated strong confidence in Mr. Bangera's continued leadership:

The remote e-voting facility was provided by National Securities Depository Limited (NSDL) and remained open from March 06, 2026 at 09:00 a.m. to April 04, 2026 at 05:00 p.m. The postal ballot notice was dispatched electronically on March 04, 2026 to members whose email addresses were registered with the company as of the cut-off date of February 27, 2026.

Shareholder Category Breakdown

The voting pattern across different shareholder categories revealed broad-based support:

Director Profile and Continuation Terms

Mr. Subba Padubidri Bangera, who will attain the age of 75 years on April 08, 2026, brings extensive expertise to the board. His key qualifications include:

• B.Sc. Tech in Plastics and post-graduation in Plastics Technology from UDCT
• Management studies from Bajaj Institute and leadership training at Sidel Academy
• Over 50 years of experience in the Indian Plastics Industry
• Previously led SIDEL India, revolutionizing PET machinery production

The continuation approval allows Mr. Bangera to serve until the expiry of his current term on April 11, 2029. His appointment terms and remuneration structure, including sitting fees as per company policy, remain unchanged from his original appointment dated April 12, 2024.

Regulatory Compliance and Scrutiny

The postal ballot process was conducted in compliance with Section 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nikunj Raval, Partner at Raval Mistry & Associates (FCS No. 4730), served as the scrutinizer for the voting process.

The scrutinizer's report confirmed that the resolution was passed with the requisite majority, and all procedural requirements were met. The company published advertisements in "Financial Express" on March 06, 2026, informing shareholders about the completion of postal ballot notice dispatch.

Strategic Significance

The Board of Directors, based on the Nomination and Remuneration Committee's recommendation, had endorsed Mr. Bangera's continuation, citing the immense benefit his association brings to the company. His continued presence on the board ensures continuity of strategic guidance, particularly given his deep expertise in plastics machinery and industry leadership experience.

The overwhelming shareholder approval reflects confidence in the company's governance decisions and Mr. Bangera's valuable contribution to the organization's strategic direction in the competitive plastics machinery sector.

Mamata Machinery Limited has been recognized with a prestigious export performance award from EEPC India, highlighting the company's excellence in international trade. The company received EEPC India's Western Regional Export Performance Award as 'Star Performer' for 2023-24, marking a significant achievement in its export operations.

Award Recognition Details

The award was presented under the 42nd Western Regional Export Performance Awards program conducted by EEPC India. The company was specifically recognized in the heavy industries category for its performance in industrial machinery exports.

Company's Export Excellence Legacy

This recognition adds to a long list of awards that Mamata Machinery has received from EEPC India since 1995, demonstrating the company's sustained export excellence. The achievement validates Mamata's notable position as one of India's foremost exporters of engineering and flexible packaging machinery solutions.

Mamata Machinery Limited is a leading global provider of total flexible packaging machinery solutions, offering a comprehensive range of products across the value-chain. With over 35 years of industry experience, the company has established itself as a trusted engineering enterprise, boasting more than 5,000 machine installations in 80 countries worldwide.

Regulatory Compliance and Disclosure

Mamata Machinery Limited disclosed this achievement to the stock exchanges on April 02, 2026, in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made to both BSE Limited and The National Stock Exchange of India Limited through an official press release.

About EEPC India

EEPC India, formerly known as Engineering Export Promotion Council, is sponsored by the Ministry of Commerce & Industry, Government of India. The organization operates as an ISO 9001:2015 certified entity and works towards promoting engineering exports from India. The council recognizes outstanding export performance across various engineering sectors through its annual award programs.

The formal award presentation ceremony is planned for May 2026, with EEPC India communicating detailed program information to award recipients in due course.