Qualitek Labs has withdrawn the proposal to increase the overall managerial remuneration limit to 35% from its Eighth Annual General Meeting (AGM) notice. The board approved this withdrawal via a circular resolution on September 7, 2026.

The company scheduled its AGM for September 25, 2026, at Avanta Business Centre in New Delhi. Shareholders can participate via remote e-voting from September 22 to September 24, 2026. The cut-off date for e-voting eligibility is September 18, 2026.

Withdrawal of Remuneration Proposal

The original draft notice, approved on August 29, 2026, included Item No. 4 as a Special Resolution to raise the remuneration payable to Directors, including the Managing Director and Whole-Time Directors, from 28% to 35% of net profits. This calculation is based on Section 198 of the Companies Act, 2013.

Following the board’s decision on September 7, 2026:

• Item No. 4 will not be considered, discussed, or put to vote at the AGM.
• No remote e-voting or voting at the AGM will be conducted for this item.
• The existing approval of members regarding the 28% managerial remuneration limit, approved at the Seventh AGM, remains in force.

Other Board Approvals

The withdrawal of Item No. 4 does not affect other businesses proposed in the AGM notice. The board previously considered several governance matters during its meeting at the Noida corporate office:

• AGM Notice: Approved the draft notice for FY26, including ordinary and special business items.
• Directors' Report: Approved the draft report along with annexures for member consideration.
• Tax Auditor: Re-appointed M/s J Madan & Associates as Tax Auditor for FY27 (Assessment Year 2027-28).
• Scrutinizer: Appointed CS Ronak Jhuthawat as scrutinizer for the e-voting process.
• E-voting Agency: Appointed Central Depository Services (India) Limited (CDSL) to facilitate voting.

Director Re-appointment

The board recommended the re-appointment of Antaryami Nayak, who retires by rotation at the ensuing AGM. Nayak, who has served as Managing Director since May 2, 2023, brings extensive experience in the Testing, Inspection and Certification (TIC) sector, finance, and business strategy.

Related Party Transactions

The board approved entering into material Related Party Transactions during FY27, subject to Audit Committee approval and shareholder consent. These transactions will comply with Section 188 of the Companies Act, 2013, and Regulation 23 of SEBI Listing Regulations.

Qualitek Labs has accepted the resignation of Mohit Kumar as its Company Secretary and Compliance Officer, effective July 30, 2026. The Board of Directors confirmed that Kumar tendered his resignation due to pre-occupation and health issues, stating there are no other material reasons for his exit. This leadership change affects a Key Managerial Personnel role under the Companies Act, 2013.

The resignation was communicated to the Bombay Stock Exchange pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Circular SEBI/HO/CFD/CFD-Po D-1/P/CIR/2023/123 dated July 13, 2023, regarding disclosures for changes in key managerial personnel. Kumar will cease to be a Key Managerial Personnel w.e.f. close of business hours on Thursday, July 30, 2026.

In his resignation letter dated July 30, 2026, Kumar stated he is leaving to pursue career opportunities outside the company. He expressed gratitude to the Board of Directors, CFO, Senior Management, and colleagues for their support during his tenure. His professional registration number is ACS-38142.

The Board has taken the resignation on record and indicated it will complete necessary formalities in due course. The disclosure confirms that Kumar has no other material grievances or reasons for leaving beyond those specified in his letter.

Resignation Details

This transition marks a change in compliance leadership for Qualitek Labs Limited, requiring the board to appoint a successor to ensure continued regulatory adherence.