Neo Infracon Limited has issued a formal Notice of Postal Ballot to its members, seeking shareholder approval through remote e-voting for the appointment of two directors to its Board. Both individuals were initially appointed as Additional Directors by the Board of Directors on the recommendation of the Nomination and Remuneration Committee, effective March 27, 2026, and their appointments are now subject to member ratification in accordance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Proposed Director Appointments

The postal ballot covers two special resolutions pertaining to director appointments. The key details of each proposed appointment are summarised below:

Ms. Honey Deepak Jain, upon appointment, shall also serve as a member of the Audit Committee, Nomination & Remuneration Committee, and Stakeholders Relationship Committee of the Company. Mr. Darshik Dilip Mehta has no proposed committee memberships at this stage.

Regulatory and Compliance Framework

The postal ballot process is being conducted pursuant to Section 110 of the Companies Act, 2013, read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014, and in compliance with the latest Ministry of Corporate Affairs circular No. 09/2024 dated September 19, 2024. Under Regulation 17(1C) of SEBI (LODR) Regulations, 2015, the appointment of an Independent Director by a listed company must receive shareholder approval within three months from the date of appointment.

Both appointees have submitted their consent to act as Directors in Form DIR-2, declarations confirming they meet the independence criteria under Section 149(6) of the Companies Act, 2013 and Regulation 16 of SEBI LODR, and confirmations that they are neither disqualified under Section 164 of the Act nor debarred by SEBI or any other statutory authority.

E-Voting Schedule and Process

Voting will be conducted exclusively through remote e-voting; physical postal ballot forms are not being dispatched to members. The key dates and process details are as follows:

Only members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of May 8, 2026, are eligible to cast their votes. The Postal Ballot Notice will be dispatched electronically to members whose email addresses are registered with the Company or their respective Depository Participants.

Voting Access for Shareholders

Shareholders holding securities in demat mode can access the e-voting facility through their CDSL or NSDL demat accounts. Individual shareholders with CDSL accounts may use the Easi/Easiest facility at www.cdslindia.com , while NSDL account holders may access the IDeAS portal at https://eservices.nsdl.com or the NSDL e-voting website at https://www.evoting.nsdl.com . Shareholders holding shares in physical form or non-individual shareholders in demat mode may access the PURVA e-Voting system at https://evoting.purvashare.com .

For queries related to e-voting, shareholders may contact Ms. Sonal Kanabar, Company Secretary and Compliance Officer, at cs@neoinfraconltd.com or at Cell No. 9820155191. Grievances related to the e-voting platform may be addressed to Ms. Deepali Dhuri, Compliance Officer, Purva Sharegistry (India) Private Limited, at evoting@purvashare.com or at 022-49614132 and 022-35220056. The results of the postal ballot, along with the Scrutinizer's Report, will be communicated to the stock exchange and published on the Company's website at www.neoinfraconltd.com on or before June 13, 2026.

Neo Infracon Limited has received a regulatory disclosure from promoter group member Darshik D. Mehta regarding his recent acquisition of additional shares in the company. The disclosure, filed with BSE Limited on March 31, 2026, provides details of the share purchase transaction completed under SEBI regulations.

Transaction Details

The acquisition involved 7,500 equity shares of Neo Infracon Limited, representing 0.05% of the company's total share capital. The shares were purchased through open market transactions on March 30, 2026.

Shareholding Position

Prior to this acquisition, Mehta held 3,69,550 shares in Neo Infracon Limited, representing 6.96% of the company's total voting capital. Following the purchase of additional shares, his total shareholding has increased to 3,77,050 shares, constituting 7.11% of the total voting capital.

Company Information

Neo Infracon Limited's equity share capital remains unchanged at 53,06,800 equity shares before and after this transaction. The company's shares are listed on BSE Limited, where this regulatory disclosure has been filed.

Regulatory Compliance

The disclosure has been made in accordance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Mehta, identified as a member of the promoter group, submitted the required documentation to BSE Limited's Department of Corporate Services on March 31, 2026. The disclosure confirms that no encumbrances, voting rights other than equity shares, or convertible securities are involved in this transaction.