Palash Securities Limited has announced a postal ballot notice for shareholder approval on key director appointments, with the cut-off date set for Friday, April 17, 2026. The company seeks member consent for appointing Mr. Suraj Kumar Agrawal as both Director and Managing Director through remote e-voting.

Postal Ballot Details and Timeline

The postal ballot notice, dated March 30, 2026, outlines a comprehensive e-voting process managed by National Securities Depository Limited (NSDL). The voting timeline and key dates are structured as follows:

Shareholders whose names appear in the Register of Members or Register of Beneficial Owners as on the cut-off date and have registered email addresses will be eligible to participate in the remote e-voting process.

Proposed Director Appointments

The postal ballot seeks approval for two interconnected resolutions regarding Mr. Suraj Kumar Agrawal's appointment:

Mr. Agrawal was initially appointed as Additional Director by the Board of Directors on March 30, 2026, and now requires shareholder approval for his formal appointment and elevation to Managing Director.

Professional Background and Qualifications

Mr. Suraj Kumar Agrawal brings substantial expertise to the company's leadership. His professional credentials include:

• Experience: Over 21 years in finance and accounting domains
• Qualification: Chartered Accountant and Fellow Member of ICAI
• Age: 48 years (Date of Birth: March 1, 1978)
• Specialized Training: Forensic Audit & Fraud Detection, Financial Risk Analysis

His core competencies span Financial Planning & Analysis, Budgeting and Forecasting, Financial Reporting, Variance Analysis, Risk Management, Cost Accounting, Statutory Compliance, Audit, and Internal Controls.

Current Directorships and Shareholding

Mr. Agrawal currently serves as director in several other entities:

• Glasseye Agro Products Private Limited
• Bhawanipur Properties Private Limited
• Arrowspace Properties Private Limited
• Nopany Educational and Research Foundation

He holds no shares in Palash Securities Limited and has no relationships with other Directors or Key Managerial Personnel of the company.

E-voting Process and Accessibility

The company has implemented a comprehensive e-voting system accessible through multiple channels. Individual shareholders holding securities in demat mode can vote through their depository accounts with NSDL or CDSL. The postal ballot notice will be available on the company's website at www.birla-sugar.com , stock exchange websites, and NSDL's e-voting portal at www.evoting.nsdl.com .

Shareholders who have not registered their email addresses are advised to update their contact information with their respective Depository Participants or the company's Registrar and Share Transfer Agent, MUFG Intime India Private Limited, to participate in the voting process.

Palash Securities Limited has submitted its quarterly compliance certificate to stock exchanges, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and confirms the company's adherence to dematerialisation procedures.

Regulatory Compliance Filing

Company Secretary Vikram Kumar Mishra filed the certificate with both National Stock Exchange of India Limited and BSE Limited on April 3, 2026. The submission includes documentation from the company's registrar and share transfer agent, MUFG Intime India Private Limited, confirming compliance with Regulation 74(5) requirements.

Exchange Submissions

The compliance certificate was submitted to both major Indian stock exchanges where Palash Securities maintains its listing. The company trades under specific identifiers on each platform, ensuring proper regulatory oversight of its depository operations.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, issued the compliance certificate on April 2, 2026. Vice President – Corporate Registry Ashok Shetty confirmed that all securities received from depository participants during the quarter were properly processed according to regulatory timelines.

The registrar's certificate confirms that securities received for dematerialisation were appropriately accepted or rejected, with security certificates being mutilated and cancelled after verification. The depository names were substituted in the register of members as registered owners within prescribed timelines, ensuring complete compliance with SEBI regulations.

Corporate Information

Palash Securities Limited operates from its registered office in Hargaon, District Sitapur, Uttar Pradesh. The company maintains its corporate identification number L74120UP2015PLC069675 and provides investor services through established communication channels including dedicated phone lines and email support.