Manaksia Steels Limited has successfully concluded its postal ballot process on March 17, 2026, with all four ordinary resolutions receiving overwhelming approval from shareholders. The company conducted the voting exclusively through electronic means, with the e-voting period running from February 13, 2026, at 9:00 A.M. to March 14, 2026, at 5:00 P.M.

Postal Ballot Process and Administration

The postal ballot was conducted under the supervision of Ms. Pammy Jaiswal, Partner at Vinod Kothari & Company, Practising Company Secretaries, who was appointed as the scrutinizer by the Board of Directors on January 31, 2026. National Securities Depository Limited (NSDL) served as the authorized e-voting agency, facilitating the electronic voting process for shareholders.

The company issued the postal ballot notice on January 31, 2026, to shareholders whose names appeared in the register of members as on the cut-off date of February 6, 2026. The notice was distributed electronically to registered email addresses and made available on the company's website and stock exchange platforms.

Voting Results Summary

All four resolutions achieved remarkable consensus among public shareholders, with each resolution securing over 99.58% approval rates:

Shareholder Participation Details

The voting statistics reveal significant participation from public non-institutional shareholders:

Notably, promoter and promoter group shareholders, who hold 48985319 shares, abstained from voting as they are interested parties in these related party transactions. The voting was exclusively conducted by public shareholders, ensuring independent decision-making on these material transactions.

Resolution Details

The four approved resolutions cover material related party transactions for Financial Year 2026-27 with the following entities:

• MINL Limited: A related party of the company
• Manaksia Limited: A related party of the company
• Sumo Steels Limited: A related party of the company
• Manaksia Ferro Industries Limited: A related party of the company

Each resolution received similar voting patterns, with 183-184 members voting in favour and 17-18 members voting against across the four resolutions. Invalid votes remained consistent at 404 votes across all resolutions, cast by 5 members in each case.

Regulatory Compliance

The postal ballot process was conducted in compliance with the Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and relevant circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India. The company published newspaper advertisements on February 13, 2026, in "Ekdin" (Bengali) and "Business Standard" (English) to inform shareholders about the postal ballot.

The scrutinizer's report, dated March 17, 2026, confirms that all resolutions were passed with the requisite majority, and the detailed voting results have been made available on the company's website at www.manaksiasteels.com .

Manaksia steels Limited has announced the completion of postal ballot notice dispatch to shareholders for transacting special business resolutions. The company completed the dispatch on February 12, 2026, through electronic mode to members who have registered their email addresses with the Depository Participant(s)/Company/Registrar and Share Transfer Agent.

E-Voting Process and Timeline

The company has engaged National Securities Depository Limited (NSDL) to provide e-voting facility to all members. The postal ballot process will be conducted entirely through electronic voting, with no physical copies of notices or ballot forms being sent to shareholders.

Scrutinizer Appointment and Eligibility

The Board of Directors has appointed Ms. Parvny Jaiswal (Membership No. A48046), Partner of M/s. Vinod Kothari & Company, Practising Company Secretaries, as the scrutinizer for conducting the postal ballot process. Ms. Jaiswal will ensure the e-voting process is conducted in a fair and transparent manner.

Only persons whose names are recorded in the Register of Members or Register of Beneficial Owners maintained by the Depositories as on the cut-off date of February 6, 2026 will be entitled to participate in the e-voting process. Voting rights will be proportional to the equity shares held in the company's paid-up equity share capital as on the cut-off date.

Notice Availability and Results Declaration

The postal ballot notice has been made available on multiple platforms for shareholder access:

• Company website: www.manaksia.com
• BSE Limited website: www.bseindia.com
• National Stock Exchange of India Limited website: www.nseindia.com
• NSDL website: www.evoting.nsdl.com

The results of the postal ballot, along with the scrutinizer's report, will be published on the company's website and NSDL's website. The results will also be communicated to BSE and NSE, where the company's equity shares are listed, and placed on the notice board at the registered office.

Shareholder Support and Compliance

For queries related to the e-voting process, shareholders can refer to the Frequently Asked Questions (FAQs) and user manual available on NSDL's website or contact the helpline at 022-4866 7000. The postal ballot process is being conducted in compliance with Sections 110 and 108 of the Companies Act, 2013, and applicable SEBI regulations.