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:

Nagreeka Exports Ltd reported a net profit of ₹306.20 crore for the financial year ended March 31, 2026, a decline from ₹316.47 crore in the previous year. Revenue from operations for the period stood at ₹51,118.02 crore, down from ₹52,886.29 crore in FY25. The company’s Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, based on the recommendations of the Audit Committee and Nomination and Remuneration Committee. The statutory auditor, M/s B. Nath & Co, issued an unmodified opinion on the standalone financial results.

For the quarter ended March 31, 2026, the company reported a net profit of ₹42.93 crore, a turnaround from the net loss of ₹20.72 crore recorded in the corresponding quarter of the previous year. Revenue from operations for the quarter increased to ₹17,010.04 crore from ₹11,553.11 crore in Q4FY25. The company’s total expenditure for FY26 was ₹50,846.64 crore, slightly lower than the ₹52,569.78 crore incurred in the previous year. Finance costs decreased to ₹1,320.18 crore from ₹1,414.41 crore in FY25. The basic earnings per share (EPS) for FY26 was ₹0.98, compared to ₹1.01 in the prior year.

Financial Performance

Key Financial Metrics (₹ in Lacs)

Board Appointments and Approvals

The Board appointed M/s. B.N. Kedia & Co., Chartered Accountants, as Internal Auditors and M/s V. J. Talati & Co, Practicing Cost Accountants, as Cost Auditors for the financial year 2026-2027. Additionally, Mrs. Ranu Dey Talukdar was appointed as the Company Secretary and Compliance Officer effective April 16, 2026, under Section 203 of the Companies Act, 2013 and relevant SEBI regulations. The Board also decided to convene a postal ballot through e-voting, scheduled to start on June 18, 2026. The cut-off date to determine shareholder entitlement for voting was fixed as June 12, 2026. The meeting commenced at 4:45 p.m. and concluded at 7:00 p.m. on May 29, 2026.