Netweb Technologies India Limited successfully concluded its postal ballot process on March 20, 2026, with shareholders approving the reappointment of four key directors for five-year terms. The company announced the voting results along with the scrutinizer's report, demonstrating strong shareholder participation in the governance process.

Postal Ballot Process Overview

The e-voting process was conducted through MUFG Intime India Private Limited from February 19, 2026 at 9:00 A.M. (IST) to March 20, 2026 at 5:00 P.M. (IST). The postal ballot notice was dated January 17, 2026, with February 13, 2026 as the cut-off date for determining eligible shareholders.

Director Reappointment Results and Terms

All four special resolutions for director reappointments were approved by requisite majority, with appointments effective from August 14, 2026 to August 13, 2031. The reappointments were based on recommendations from the Nomination and Remuneration Committee and the Board of Directors.

Sanjay Lodha - Chairman and Managing Director

The reappointment of Sanjay Lodha (DIN: 00461913) as Chairman and Managing Director received overall approval with 95.72% votes in favor.

Navin Lodha - Whole Time Director

Navin Lodha's (DIN: 00461924) reappointment as Whole Time Director received the highest approval rate at 99.96%.

Vivek Lodha and Niraj Lodha - Whole Time Directors

Vivek Lodha (DIN: 00461917) and Niraj Lodha (DIN: 00747601) received approval rates of 92.63% and 91.11% respectively. Both faced significant opposition from public institutional investors, with approval rates of 48.68% and 38.12% respectively from this category.

Regulatory Compliance and Disclosure

The company filed the intimation under Regulation 30 of SEBI (LODR) Regulations, 2015, confirming compliance with all applicable provisions. As per the regulatory disclosure, none of the directors have been debarred from holding the office of Director pursuant to any SEBI Order or any other such authority.

Scrutinizer's Report

Nikhil Jain of M/s Nikhil Jain and Associates (FCS No 13835, CP No. 17727) served as the scrutinizer for the postal ballot process. The report confirmed that 589 members cast valid votes through remote e-voting, with 4 members abstaining. Several institutional shareholders exercised partial voting rights, voting differently on various resolutions.

The successful completion of the postal ballot process ensures continuity in Netweb Technologies' leadership structure, with all four directors securing five-year terms despite varying levels of institutional investor support.

Netweb Technologies India Limited has announced its participation in an investor and analyst roadshow scheduled for March 19-20, 2026, in the United States. The company filed the regulatory intimation on March 16, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Roadshow Details

The company will conduct a no-deal roadshow across two days, meeting with various investors and analysts during the scheduled period. The roadshow represents part of the company's investor outreach activities in international markets.

Regulatory Compliance and Information Sharing

Netweb Technologies has emphasized that all discussions during the roadshow will be based exclusively on publicly available information. The company has specifically stated that no unpublished price-sensitive information will be shared during the meetings, ensuring compliance with regulatory requirements.

The company has also noted that the dates and locations of meetings are subject to change due to potential exigencies on the part of hosts or the company. This flexibility clause allows for adjustments based on operational requirements or unforeseen circumstances.

Corporate Communication

The regulatory filing was signed by Lohit Chhabra, Company Secretary and Compliance Officer, who digitally authenticated the document on March 16, 2026. The intimation was simultaneously filed with both BSE Limited and National Stock Exchange of India Limited, maintaining transparency with all relevant stock exchanges where the company's shares are listed.