Olatech Solutions Limited has successfully concluded its postal ballot voting process for the approval of material related party transactions, with the ordinary resolution passing with unanimous support from participating shareholders.

Postal Ballot Overview

The postal ballot was conducted in accordance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company issued the postal ballot notice on February 16, 2026, seeking shareholder approval for one agenda item related to material related party transactions with M/s Zumra Infra Services Private Limited.

Voting Process and Timeline

The remote e-voting process was facilitated by NSDL (National Securities Depository Limited) as the service provider, with Skyline Financial Service Private Limited serving as the Registrar and Share Transfer Agent. The voting period extended from February 18, 2026 (9.00 a.m. IST) to March 19, 2026 (5.00 p.m. IST), providing shareholders with a month-long window to cast their votes electronically.

CS Nikunj Kanabar & Associates was appointed as the scrutinizer by the Board of Directors on February 16, 2026, to ensure the voting process was conducted in a fair and transparent manner in compliance with Section 110 of the Companies Act, 2013.

Voting Results Analysis

The resolution for approval of material related party transactions with M/s Zumra Infra Services Private Limited received overwhelming support from participating shareholders. The detailed voting results demonstrate strong shareholder confidence in the proposed transaction.

Scrutinizer's Findings

The scrutinizer's report confirmed that 5 members participated in the remote e-voting process, casting a total of 260485 votes in favor of the resolution. No votes were cast against the resolution, and there were no invalid or abstained votes recorded. The voting was conducted exclusively through the postal ballot method for public non-institutional shareholders, while promoter and promoter group shareholders did not participate in the voting process.

Regulatory Compliance

The postal ballot process was conducted in full compliance with:

• Section 110 of the Companies Act, 2013
• Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014
• SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015
• MCA General Circulars, including the latest General Circular No.03/2025 dated September 22, 2025

The company has submitted the voting results to BSE SME Platform for record and dissemination, with Managing Director Amit Kumar Singh (DIN: 06582830) signing off on the disclosure on March 20, 2026. The successful completion of this postal ballot enables Olatech Solutions Limited to proceed with the approved material related party transaction with M/s Zumra Infra Services Private Limited.

Olatech Solutions Limited has announced the resignation of Mr. Navneet Kakkar from his position as Executive Director, effective January 13, 2026. The resignation was communicated to BSE SME Platform under Regulation 30 of SEBI (LODR) Regulations, 2015.

Resignation Details

Mr. Navneet Kakkar (DIN: 08329635) submitted his resignation letter on January 13, 2026, citing personal reasons for his decision to step down from the Board of Directors. The company confirmed that there are no other material reasons for his resignation beyond those mentioned.

Continued Role as CEO

While resigning from his Executive Director position, Kakkar will continue to serve as Chief Executive Officer of Olatech Solutions Limited. This arrangement allows him to maintain his operational responsibilities while stepping back from board duties.

Company Response

The company has formally accepted Kakkar's resignation and confirmed that he will be relieved from his Executive Director responsibilities effective January 13, 2026. In their official communication, Olatech Solutions Limited expressed sincere gratitude for Kakkar's valuable contributions, insights, and dedicated service during his tenure as Executive Director.

Regulatory Compliance

The resignation disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The announcement was signed by Amit Kumar Singh, Managing Director (DIN: 06582830), ensuring proper regulatory compliance and transparency with stakeholders.

The transition reflects the company's commitment to maintaining operational continuity while respecting individual career decisions of its leadership team.