Meghmani Organics Limited has completed the newspaper publication of its postal ballot notice for the reappointment of three independent directors, with electronic voting scheduled from March 19, 2026 to April 17, 2026. The company submitted the newspaper publication compliance under Regulation 47 on March 19, 2026.

Regulatory Compliance and Publication

The company filed submission MOL/2025-26/72 with both National Stock Exchange of India Limited and BSE Limited, confirming the newspaper advertisement was published on March 18, 2026, in Financial Express (English and Gujarati editions). This submission was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, regarding the completion of dispatch of the Postal Ballot Notice to shareholders.

E-Voting Details and Process

The company has engaged MUFG Intime India Private Limited to provide e-voting facilities to shareholders. The electronic voting process will be conducted exclusively through remote e-voting, with no physical postal ballot forms being distributed.

Directors Proposed for Reappointment

The postal ballot seeks approval for reappointment of three independent directors for second terms of three consecutive years each:

Item No. 1: Mr. Manubhai Patel (DIN: 00132045)

Mr. Manubhai Patel, aged 75 years, is proposed for reappointment as Independent Director. He has been serving since May 5, 2021, with his current term expiring on May 4, 2026. A member of the Institute of Chartered Accountants of India since 1976, he brings over 45 years of experience in corporate finance, taxation, treasury management, and foreign exchange.

Item No. 2: Prof. (Dr) Ganapati Yadav (DIN: 02235661)

Prof. (Dr) Ganapati Yadav, aged 73 years and Padma Shri awardee (2016), is an eminent engineering scientist and academic leader. He served as Vice-Chancellor of the Institute of Chemical Technology, Mumbai for 10.5 years and is an elected Fellow of the U.S. National Academy of Engineering. His expertise spans green chemistry, sustainable chemical processes, and innovation leadership.

Item No. 3: Ms. Urvashi Shah (DIN: 07007362)

Ms. Urvashi Shah, aged 69 years, brings 21 years of legal practice experience, particularly before the Income-Tax Appellate Tribunal. She holds a Bachelor of Arts degree in Economics (First Class First) from Gujarat University and provides expertise in taxation law, legal compliance, and regulatory matters.

Board Recommendations and Governance

The Nomination & Remuneration Committee, at its meeting held on January 31, 2026, evaluated the performance of all three directors during their first terms and recommended their reappointment. The Board of Directors subsequently approved these recommendations at their meeting on the same date.

Scrutinizer and Compliance

Mr. Kaushik Shah, Practicing Company Secretary (FCS No 2420 CP No 1414) of K. J. Shah & Company, Ahmedabad, has been appointed as the scrutinizer for conducting the postal ballot process. Mr. Utkarsh Shah has been designated as the alternate scrutinizer.

The resolutions, if passed by requisite majority, shall be deemed to have been passed on April 17, 2026. Results will be displayed at the company's registered office, posted on the company website at www.meghmani.com , and communicated to stock exchanges.

Shareholder Eligibility and Instructions

Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of March 13, 2026, are eligible to vote. The notice is being dispatched electronically to members whose email addresses are registered with the company or depositories. Detailed e-voting instructions have been provided for shareholders holding securities in both demat and physical modes through various depository platforms including NSDL and CDSL.

Meghmani Organics Limited has informed stock exchanges about credit ratings issued to its subsidiary company Kilburn Chemicals Limited by India Rating & Research, a Fitch Group Company. The disclosure was made on February 27, 2026, in compliance with regulatory requirements under SEBI listing regulations.

Regulatory Disclosure Details

The company filed the disclosure pursuant to Regulation 30(6) read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary & Compliance Officer Jayesh Patel communicated the rating information to both National Stock Exchange of India Limited and BSE Limited through official letters.

The rating letter from India Rating & Research was addressed to GS Chahal, CFO of Kilburn Chemicals Limited, and referenced a rating action commentary released on February 23, 2026. The communication confirmed that while bank-wise facilities were revised, the overall facilities remained unchanged.

Credit Rating Breakdown

India Ratings issued ratings for Kilburn Chemicals Limited's bank facilities with HDFC Bank Limited across two categories:

The total outstanding/rated amount across both facilities stands at INR 2,742.00 million. Both instruments carry the 'Rating Watch with Negative Implications' designation, indicating potential downward pressure on the ratings.

Rating Agency Methodology

India Rating & Research outlined its comprehensive approach to rating assessment in the communication. The agency conducts factual investigations and obtains reasonable verification from independent sources, with the scope varying based on the nature of the rated security and issuer requirements.

Key aspects of the rating methodology include:

• Reliance on factual information from issuers, underwriters, and credible sources
• Reasonable investigation procedures in accordance with established rating methodology
• Verification from independent sources where available
• Consideration of various factors including public information access and third-party reports

The rating agency emphasized that ratings are inherently forward-looking and embody assumptions about future events that cannot be verified as facts. Users are advised that ratings should not be viewed as investment recommendations or financial advice.

Ongoing Monitoring Requirements

India Ratings highlighted the importance of continuous information sharing for maintaining appropriate ratings. The agency noted that ratings may be raised, lowered, withdrawn, or placed on Rating Watch due to changes in information accuracy or adequacy, or for any other reason deemed sufficient by the rating agency.

Kilburn Chemicals Limited is required to promptly provide all material information that may impact the ratings to ensure their continued appropriateness. The rating communication was signed by Abhishek Bhattacharya, Senior Director at India Ratings.