Poddar Pigments Limited has officially commenced commercial production at its Chaksu manufacturing facility on March 27, 2026. The company informed the stock exchanges about this significant milestone as part of its regulatory disclosure obligations under SEBI Listing Regulations.

Production Capacity Enhancement

The new Chaksu plant represents a substantial expansion of the company's manufacturing capabilities. The facility details are outlined below:

Facility Location and Infrastructure

The Chaksu plant is strategically located at Unit-Chaksu, Greater Sitapura Industrial Park, NH-12, Jaipur Tonk Road, Brijpura, Jaipur- 303901 Rajasthan. This location provides the company with enhanced operational capabilities and positions it well for serving its customer base in the region.

Strategic Growth Initiative

This capacity addition forms an integral part of Poddar Pigments Limited's overall growth plan. The expansion demonstrates the company's commitment to scaling its operations and meeting increasing market demand for colour masterbatches. With the new facility operational, the company's total production capacity for colour masterbatches will increase significantly.

Regulatory Compliance

The announcement was made in compliance with Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Rajeev Kumar signed the official communication to both BSE and NSE, ensuring proper disclosure to all stakeholders and maintaining transparency in corporate communications.

Poddar Pigments Limited has confirmed the completion of dispatch of its postal ballot notice through newspaper advertisements, marking a significant milestone in the company's Independent Director appointment process.

Dispatch Completion Confirmation

The company has issued a formal communication dated March 13, 2026, to BSE Limited and National Stock Exchange of India Limited, confirming the completion of postal ballot notice dispatch to shareholders. The notification was published in "Business Standard" (English Edition) and "Nafa Nuksan" (Hindi Edition) newspapers on March 13, 2026.

Postal Ballot Process Details

The postal ballot seeks shareholder approval for the appointment of Shri Visvanathan Muthukumar (DIN: 00584405) as an Independent Director. The Board of Directors has already appointed him as an Additional Director in the Non-Executive Independent Director category, effective February 27, 2026.

Director Profile and Appointment Terms

Shri Muthukumar brings over four decades of extensive experience in Finance, Taxation, and Management Information Systems within the corporate sector. His proposed term extends from February 27, 2026 to September 30, 2030.

Voting Process and Compliance

The company has engaged CDSL for facilitating remote e-voting exclusively, with no physical voting facility available. The voting process will be conducted through www.evotingindia.com and the company website www.poddarpigmentsltd.com .

Key Voting Parameters:

• Eligible Shareholders: Those holding shares in physical or demat form as on March 06, 2026
• Resolution Type: Special Resolution required for approval
• Results Declaration: Within two working days from conclusion of e-voting period
• Communication: Results will be informed to stock exchanges and displayed on company website

Regulatory Framework

The appointment follows provisions of Sections 149, 150, 152, 160 and Schedule IV of the Companies Act, 2013, along with Regulation 17 of SEBI Listing Regulations. The company has received necessary declarations confirming that Shri Muthukumar meets independence criteria under applicable regulations.

Shareholders who have not registered their email addresses are requested to provide necessary details to the company at com.sec@poddarpigmentsltd.com or to the Registrar and Transfer Agent MUFG Intime India Pvt Ltd for participating in the e-voting process.