Monind Limited has issued a postal ballot notice dated February 13, 2026, seeking shareholder approval for two key board appointments through remote e-voting facility. The company is proposing significant changes to its board composition with the appointment of a new independent director and re-appointment of an existing whole-time director.

Key Resolutions for Shareholder Approval

The postal ballot covers two main resolutions requiring shareholder consent:

E-Voting Schedule and Process

The company has established a comprehensive timeline for the voting process, with all voting to be conducted electronically:

Shareholders whose names appear in the Register of Members as on the cut-off date and have registered email addresses with the company or depository participants will be eligible to vote. The notice is being sent electronically only, in compliance with MCA circulars.

Director Appointment Details

Mr. Sandeep Kumar - Independent Director Appointment

Mr. Sandeep Kumar brings significant corporate governance expertise to the board:

• Qualification: Qualified Company Secretary with over 11 years of post-qualification experience
• Previous Experience: Worked with Diamond Group of Industries (2014-2023) and Service Easy Technology Private Limited
• Current Roles: Company Secretary with MPCL Industries & Onward Solar Group, Independent Director at MPDL Limited
• Term: 5 consecutive years from February 13, 2026 to February 12, 2031
• Remuneration: No remuneration except sitting fees for board meetings

Mr. Mahesh Kumar Sharma - Whole-time Director Re-appointment

Mr. Mahesh Kumar Sharma's re-appointment reflects his continued contribution to the company:

• Current Tenure: Associated with the company since May 07, 2016
• Qualification: Post-Graduate with extensive experience in accounting and taxation
• Additional Role: Currently serving as Chief Financial Officer (CFO)
• New Term: May 07, 2026 to May 06, 2031
• Remuneration: No remuneration to be paid during the tenure

Voting Process and Compliance

The postal ballot process follows strict regulatory compliance under the Companies Act, 2013, and SEBI Listing Regulations. The company has engaged National Securities Depository Limited (NSDL) to provide remote e-voting facility. Institutional shareholders must submit relevant board resolutions and authority letters to the scrutinizer.

The notice is available on the company's website at www.monnetgroup.com and NSDL's e-voting portal at www.evoting.nsdl.com . Material documents related to the postal ballot are available for inspection at the company's registered office during business hours until the result declaration date.

Monind Limited has announced its unaudited financial results for the quarter ended December 31, 2025, revealing continued operational challenges with widening losses and zero revenue generation. The Board of Directors approved these results during their meeting held on February 13, 2026.

Financial Performance Overview

The company's financial performance for Q3 FY26 showed deteriorating conditions across key metrics:

Nine-Month Performance Analysis

The nine-month period ended December 31, 2025, reflected similar trends with increased losses:

Expense Breakdown

The company's expense structure for Q3 FY26 was dominated by finance costs, which represented the largest component:

• Finance Costs: ₹62.92 lacs (increased from ₹55.85 lacs in Q3 FY25)
• Employee Benefits: ₹3.45 lacs (up from ₹3.30 lacs)
• Other Expenses: ₹1.58 lacs (down from ₹1.95 lacs)
• Legal & Professional Fees: ₹0.46 lacs (down from ₹0.63 lacs)

Regulatory Compliance

Pursuant to Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, the company has completed the mandatory newspaper publication of its financial results. The results were published in Financial Express (All Edition, English Daily) and Raj Express (Raipur Edition, Hindi Daily), both dated February 14, 2026.

The published newspapers included Quick Response Code and webpage details where complete financial results are accessible to investors. Company Secretary & Compliance Officer Ritika Ahuja signed the compliance communication to stock exchanges.

Auditor's Concerns

The statutory auditors, O P Bagla & Co LLP, issued an emphasis of matter in their limited review report highlighting significant concerns about the company's financial position. The auditors noted that the company has accumulated losses resulting in erosion of net worth and has incurred net cash losses in the current period and immediately preceding financial year. Additionally, current liabilities exceeded current assets significantly, raising doubts about the company's ability to continue as a going concern.

Corporate Governance

The financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors on February 13, 2026. The company maintains its paid-up equity share capital at ₹368.13 lacs across all reported periods. The results comply with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.