Paushak Limited has completed the dispatch of its postal ballot notice for the appointment of a new Whole-time Director, as communicated to BSE Limited and National Stock Exchange of India Limited on March 18, 2026.

Postal Ballot Notice Details

The company has dispatched the postal ballot notice dated March 10, 2026, through National Securities Depository Limited (NSDL) via email on March 17, 2026. The notice seeks shareholder approval for the appointment of Mr. Jain Parkash (DIN: 10922687) as Whole-time Director of the company.

Regulatory Compliance and Publication

In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Paushak Limited published newspaper advertisements on March 18, 2026. The advertisements appeared in Indian Express (English Edition) and Financial Express (Gujarati Edition) to inform members about the completion of postal ballot notice dispatch.

The postal ballot process follows provisions of Sections 108 and 110 of the Companies Act, 2013, along with Companies (Management and Administration) Rules, 2014, and various MCA circulars including the latest General Circular No. 03/2025 dated September 22, 2025.

E-Voting Schedule and Process

The company has engaged NSDL to provide e-voting facilities to members for casting their votes electronically. The e-voting timeline has been established as follows:

Voting rights will be proportionate to equity shares held in the paid-up equity share capital as on the cut-off date of March 13, 2026. Members who become shareholders after the cut-off date should treat the postal ballot notice for information purposes only.

Member Communication and Access

The postal ballot notice is being sent only through electronic mode to members whose email addresses are registered with the company or depositories. The notice is available on multiple platforms including the company's website at www.paushak.com , BSE Limited's website at www.bseindia.com , National Stock Exchange's website at www.nseindia.com , and NSDL's website at www.evoting.nsdl.com .

Members who have not registered their email addresses are requested to do so either with their Depository Participants for demat shares or with MUFG Intime India Private Limited, the company's Registrar and Transfer Agents, by submitting KYC details in prescribed ISR-1 format.

Contact Information for Queries

For e-voting related queries or grievances, members can refer to FAQs and user manuals available on NSDL's website, call the toll-free number 022-4886 7000, or contact Ms. Pallavi Mhatre, AVP, NSDL at evoting@nsdl.com . The communication was signed by Sagar Gandhi, Company Secretary of Paushak Limited.

Paushak Limited has submitted its postal ballot notice to stock exchanges for the special resolution to approve the appointment of Mr. Jain Parkash as Whole-time Director. The company filed the notice on March 17, 2026, with BSE Limited and National Stock Exchange of India Ltd under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Postal Ballot Filing and E-voting Timeline

The company has made necessary arrangements for shareholders to vote exclusively through remote e-voting process, with no physical postal ballot forms being distributed. The postal ballot notice has been uploaded on the company's website at www.paushak.com and will be available on stock exchange websites.

Director Appointment Details

Following the Board meeting held on March 10, 2026, the company seeks shareholder approval for appointing Mr. Jain Parkash (DIN: 10922687) as Whole-time Director and Key Managerial Personnel. This appointment follows the resignation of Mr. Chintan Gosaliya, the outgoing Whole-time Director & COO, effective March 31, 2026.

Professional Background and Remuneration

Mr. Jain Parkash, aged 59 years, brings over 35 years of experience in specialty chemicals, agro-chemicals, and pharmaceutical API/intermediates. He holds a Bachelor of Engineering in Industrial Engineering with Honours from Thapar University, Patiala, along with a Post Graduate Diploma in Human Resources Development and Diploma in Management from IGNOU.

Regulatory Compliance and Voting Process

The company has engaged National Securities Depository Limited (NSDL) as the e-voting service provider. Shareholders whose names appear on the Register of Members as on the cut-off date of March 13, 2026, will be eligible to participate in the e-voting process. The resolution requires approval through special resolution, and if approved, will be deemed passed on April 17, 2026.

The company confirmed that Mr. Jain Parkash is not debarred from holding directorship by SEBI or any regulatory authority and satisfies all conditions under Section 196(3) of the Companies Act, 2013, and Part-I of Schedule V to the Act for his appointment.