MTAR Technologies Limited has successfully concluded its postal ballot process, with shareholders approving all three special resolutions through remote e-voting. The voting period extended from February 19, 2026, at 9:00 a.m. to March 20, 2026, at 5:00 p.m., with results announced on March 20, 2026.

Postal Ballot Overview

The postal ballot process was conducted in accordance with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. S. Sarweswara Reddy of S.S. Reddy & Associates served as the scrutinizer for the voting process, with the cut-off date for voting eligibility set as February 13, 2026.

Resolution Results Summary

All three special resolutions received overwhelming support from shareholders across different categories. The voting demonstrated strong confidence in the company's strategic initiatives and governance framework.

Resolution 1: Borrowing Limit Enhancement

The first resolution to increase borrowing limits under Section 180(1)(c) of the Companies Act, 2013, received exceptional support with 99.998% votes in favor.

Resolution 2: Asset Mortgage Authorization

The second resolution seeking approval for creation of mortgage or charge on company assets under Section 180(1)(a) achieved 99.969% approval.

Resolution 3: Director Commission Structure

The third resolution regarding payment of commission up to 1% on net profits to independent directors secured 99.964% approval.

Shareholder Participation Analysis

The voting pattern showed strong institutional support, with both promoter groups and public institutions demonstrating unanimous approval across all resolutions. Public non-institutional shareholders also showed substantial support, though with lower participation rates.

Regulatory Compliance and Process

The postal ballot process was conducted entirely through electronic means, with notices sent via email to registered shareholders. The company utilized services from Central Depository Services Limited (CDSL) and KFin Technologies Limited for the remote e-voting facility. No invalid votes were recorded across any resolution, indicating the effectiveness of the electronic voting system.

The scrutinizer confirmed that all procedural requirements under the Companies Act, 2013, and SEBI regulations were properly followed. The results have been communicated to both BSE Limited and National Stock Exchange of India Limited, with detailed voting records maintained for regulatory compliance.

MTAR Technologies Limited has announced a scheduled group meeting and plant visit for analysts and institutional investors, demonstrating the company's commitment to maintaining transparent communication with the investment community.

Meeting Details and Schedule

The company has formally communicated the event details to both stock exchanges through a regulatory filing dated March 14, 2026. The comprehensive engagement is structured to provide investors with direct access to management and operational insights.

Regulatory Compliance

The announcement has been made in strict compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically under Regulation 30(6). This regulation mandates companies to inform stock exchanges about scheduled meetings with analysts and institutional investors.

The formal communication was addressed to both major Indian stock exchanges, ensuring comprehensive market disclosure. The company maintains its listing presence on BSE with scrip code 543270 and on NSE with the symbol MTARTECH.

Corporate Communication

The official intimation was signed by Priyanka Agarwal, who serves as the Company Secretary and Compliance Officer for MTAR Technologies Limited. The document was digitally signed on March 14, 2026, at 15:10:28 +05'30', reflecting the company's adoption of digital processes for regulatory communications.

This scheduled interaction represents part of the company's ongoing investor relations activities, providing stakeholders with opportunities for direct engagement with management and firsthand observation of operational facilities in Hyderabad.