Siddhant Commercials Private Limited, a member of the promoter group of network18 media & investments , has declared that no encumbrance was created on the shares of the company during the financial year 2025-26. This disclosure was submitted to the National Stock Exchange of India Limited and BSE Limited on April 09, 2026. The declaration assures shareholders that the promoters have not pledged their shares, a factor that could otherwise impact corporate stability and stock price.

The filing was made in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This regulation mandates promoters to disclose any encumbrance on their holdings to ensure transparency in the capital markets. The confirmation was signed by Director Dinesh Kumar Parihar and addressed to the exchanges, the Company Secretary, and the Audit Committee of Network18 Media & Investments Limited.

The declaration covers multiple promoter entities. These entities hold a substantial stake in the company, and their confirmation of unencumbered shares provides a clear picture of the shareholding structure. The list includes major entities such as Reliance Industries Limited, Independent Media Trust, and various private limited companies associated with the media conglomerate.

The following table lists the promoter entities that made the declaration:

The filing confirms that all shares held by these entities, directly or indirectly, remain free of any encumbrance throughout the specified financial year. This compliance ensures that the regulatory requirements are met and that the interests of the shareholders are safeguarded.

Network18 Media & Investments Limited has issued a Postal Ballot Notice dated April 18, 2026, seeking shareholder approval for the appointment of Mr. Raj Kumar Jain (DIN: 01741527) as an Independent Director of the Company. The Board of Directors, at its meeting held on March 25, 2026, appointed Mr. Jain as an Additional Director designated as an Independent Director, effective the same date, subject to member approval. The appointment requires passing of a Special Resolution under the applicable provisions of the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Postal Ballot Notice was filed with the stock exchanges on May 11, 2026, under Regulation 30 of the Listing Regulations.

Proposed Resolution and E-Voting Schedule

The Postal Ballot Notice proposes a single Special Resolution for the appointment of Mr. Raj Kumar Jain as an Independent Director for a term of 5 consecutive years from March 25, 2026, not liable to retire by rotation. Members whose names appear in the register of members as on the Cut-Off Date of Friday, May 8, 2026, are eligible to participate in the e-voting process. The e-voting facility is being provided by KFin Technologies Limited (KFinTech). The key dates and parameters for the e-voting process are outlined below:

Profile of Mr. Raj Kumar Jain

Mr. Raj Kumar Jain is a veteran corporate professional and entrepreneur with extensive experience in Sales, Marketing, and Supply Chain. He holds an Engineering Degree from Delhi College of Engineering and an MBA from Kellogg School of Business. Aged 67, Mr. Jain previously served as Chief Executive Officer of The Times of India Group (Bennett Coleman & Co. Ltd.), one of India's oldest and largest media companies, before embarking on his entrepreneurial journey in 2020.

His professional background spans several prominent organisations and roles:

• Hindustan Lever Ltd.: Started his career here, with over 16 years at Unilever India and U.K. across Sales, Marketing, and Supply Chain.
• Whirlpool Corporation: Served as APAC Head, Marketing & Supply Chain, based in Shanghai, China, and also as MD & CEO of Whirlpool India Ltd., where he launched the Whirlpool brand in India.
• Walmart Inc. / Bharti Group: In 2006, spearheaded the joint venture to establish a pan-India wholesale cash & carry, multi-format retail, and supply chain business.
• Bounce Inc.: Founded in 2020, a boutique management and operations consulting firm focused on India market entry, operating efficiency, and 'phygital' transformation.
• Clicktech Retail Private Limited: Serves as Managing Director.

Mr. Jain also served as Ex-Chairperson of the Board of American Chamber of Commerce & Industry (AMCHAM), on the advisory board of HOPE Foundation, and on the Board of ASCI (The Advertising Standards Council of India).

Director Profile at a Glance

The following table summarises key details of Mr. Raj Kumar Jain as disclosed in the Postal Ballot Notice:

Board and Committee Memberships in Other Companies

As on the date of the Postal Ballot Notice, Mr. Jain holds directorships in the following entities:

• SRF Limited
• JK Agri Genetics Limited
• Relaxo Footwears Limited
• J.K. Fenner (India) Limited
• Clicktech Retail Private Limited
• New Trends Commerce Private Limited
• Sabhyata Foundation

His committee memberships across listed entities are as follows:

Voting Process and Result Declaration

The Postal Ballot Notice has been sent exclusively through electronic mode to members whose e-mail addresses are registered with the Company's Registrar and Transfer Agent, KFinTech, or their Depository Participants, as on the Cut-Off Date of May 8, 2026. Members holding shares in physical mode who have not updated their e-mail addresses are requested to do so as per the instructions provided in the Notice. The Scrutiniser, Mr. Neelesh Kr. Jain, will submit his report to the Chairman after completion of scrutiny, and the results will be displayed on the Company's website at www.nw18.com and on KFinTech's website at https://evoting.kfintech.com on or after Thursday, June 11, 2026. The resolution, if passed by the requisite majority, shall be deemed to have been passed on Wednesday, June 10, 2026, the last date of remote e-voting.