MRF Limited has filed its quarterly compliance report for securities dematerialization activities for the quarter ended March 31, 2026. The tire manufacturer submitted the mandatory filing to both the National Stock Exchange of India and Bombay Stock Exchange on April 8, 2026, in compliance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018.

Quarterly Dematerialization Summary

During Q4FY26, MRF processed a total of 1,163 shares for dematerialization across both major depositories in India. The breakdown shows significant activity through both channels:

NSDL Dematerialization Activity

The National Securities Depository Limited processed 881 shares during the quarter, with the majority of transactions involving the Investor Education and Protection Fund. Key dematerialization dates included January 7, 2026, February 6, 2026, February 17, 2026, and March 30, 2026.

Significant individual shareholder transactions included:

• Shanthi Theodore: 10 shares dematerialized on January 19, 2026
• Ulhas Manu Salunke: 14 shares across multiple certificates on February 6, 2026
• Pritha Mukerjee: 33 shares across six certificates on February 6, 2026
• Govindrao Pralhadrao Deshmukh: 25 shares across two certificates on February 17, 2026

CDSL Dematerialization Details

Central Depository Services (India) Limited processed 282 shares during the quarter, involving several individual shareholders:

Regulatory Compliance

The company confirmed that all security certificates received for dematerialization were properly mutilated and cancelled after due verification by the respective Depository Participants. The names of the depositories have been substituted as registered owners in the Register of Members, ensuring complete compliance with regulatory requirements.

Company Secretary S Dhanvanth Kumar digitally signed the compliance documents on April 9, 2026. The filing included detailed certificates for both NSDL and CDSL, confirming that no shares were rematerialized during the quarter ended March 31, 2026.

MRF Limited shareholders have approved remuneration revisions for five key directors through a postal ballot conducted on March 28, 2026. The tire manufacturing company announced the results on March 30, 2026, confirming that all proposed resolutions were passed with requisite majority through electronic voting.

Postal Ballot Overview

The postal ballot covered remuneration revisions for five directors across one special resolution and four ordinary resolutions. The voting process was conducted entirely through remote e-voting, with participation from 80.95% of the company's total shareholding.

Resolution Results

All five resolutions relating to director remuneration revisions were approved by shareholders. The special resolution for Chairman and Managing Director K M Mammen (DIN: 00020202) received 87.45% votes in favor, while the four ordinary resolutions for other directors achieved approval rates between 87.72% and 87.87%.

Resolution 1 - Special Resolution

The revision in remuneration terms for K M Mammen, Chairman and Managing Director, was approved with 3,002,250 votes in favor (87.45%) against 430,960 votes (12.55%). This resolution required a three-fourths majority and was successfully passed.

Ordinary Resolutions (2-5)

Four ordinary resolutions covering remuneration revisions for other directors were approved:

Voting Pattern Analysis

The voting results showed strong support from promoter and promoter group shareholders, who voted 100% in favor of all resolutions. Public non-institutional shareholders also demonstrated overwhelming support with approval rates exceeding 99% across all resolutions.

Process and Compliance

The postal ballot process was conducted in accordance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. N S Vivek, Partner at Jagannathan & Sarabeswaran, Chartered Accountants, served as the scrutinizer for the process.

The company utilized National Securities Depository Limited (NSDL) for facilitating electronic voting, with the remote e-voting facility remaining open from February 27, 2026 (9:00 AM) to March 28, 2026 (5:00 PM). No invalid votes were recorded across any of the five resolutions, indicating a smooth electronic voting process.