Nagreeka Exports Limited has received shareholder approval to reappoint Pawan Kishore Harlalka as a Non-Executive Independent Director. The special resolution was passed through a postal ballot process on July 17, 2026, allowing Harlalka to continue his tenure despite attaining the age of 75 years on September 4, 2026. His current tenure is extended till September 30, 2030.

The voting process, conducted via remote e-voting from June 18, 2026, to July 17, 2026, saw participation from 109 shareholders. A total of 22,184,765 votes were polled, with the resolution securing 99.88% approval. The reappointment was subject to Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Breakdown

The scrutiny of the votes was overseen by Naveen Bardia, a Practicing Chartered Accountant appointed as the Scrutinizer. The results were declared based on the report generated from the NSDL e-voting system. The resolution received overwhelming support from both the promoter group and public shareholders.

Scrutinizer's Report

Naveen Bardia & Co, Chartered Accountants, confirmed that the e-voting process was conducted fairly and transparently. The report noted that the notice of the postal ballot was dispatched electronically on June 17, 2026, to members whose names appeared on the register of members as of the cut-off date of June 12, 2026. The votes were unblocked in the presence of witnesses Ashutosh Pandey and Debayan Mondal on July 17, 2026.

Nagreeka Exports Limited is seeking shareholder approval through a postal ballot to allow Mr. Pawan Kishore Harlalka to continue as a Non-Executive Independent Director beyond the age of 75 years. The company has stated that Mr. Harlalka will attain the age of 75 on September 4, 2026, and his current tenure extends until September 30, 2030. Under Regulation 17(1A) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, continuing the directorship of a non-executive director above this age requires a special resolution.

The Board of Directors at its meeting held on May 29, 2026, approved the proposal and recommended the special resolution for the approval of the members. The company has engaged National Securities Depository Limited (NSDL) to provide the remote e-voting facility. The process allows shareholders to cast their votes electronically, ensuring compliance with the Ministry of Corporate Affairs circulars regarding the conduct of postal ballots through electronic means only.

Mr. Pawan Kishore Harlalka (DIN: 08857189) was first appointed to the Board on October 1, 2020. The company highlighted his vast experience of over 40 years in the Insurance Department and his rich background in Industrial and Corporate Laws as key reasons for his continuation. The Board believes his long-standing experience and contribution are in the interest of the company.

Voting Schedule and Eligibility

Shareholders eligible to vote are those whose names appeared in the Register of Members or the Register of Beneficial Owners as on the cut-off date, Friday, June 12, 2026. The remote e-voting facility is available during the following period:

Mr. Naveen Bardia, a Practicing Chartered Accountant, has been appointed as the Scrutinizer to conduct the postal ballot voting process. The results of the postal ballot will be announced within two working days from the closure of the voting period and will be communicated to the stock exchanges and uploaded on the company’s website.

Director Details

The following table outlines the brief details of the director seeking continuation: