Rane Holdings Limited has successfully concluded its postal ballot process with shareholders overwhelmingly approving the special resolution for payment of commission to Non-Executive Directors and Independent Directors. The company announced the results on March 26, 2026, marking the completion of the e-voting process that commenced on February 25, 2026.

Voting Results and Participation

The postal ballot witnessed strong shareholder participation across different categories, with the resolution receiving decisive approval from the company's stakeholders.

Resolution Outcome

The special resolution for approving commission payment to Non-Executive Directors and Independent Directors received overwhelming support from shareholders across all categories.

Category-wise Voting Pattern

The voting results demonstrated strong support across different shareholder categories, with promoters showing unanimous approval and institutional investors providing substantial backing.

Promoter and Promoter Group

• Shares Held: 66,46,534
• Votes Polled: 59,69,026 (89.81% participation)
• Support: 100.00% in favor

Public Institutions

• Shares Held: 12,49,622
• Votes Polled: 11,89,222 (95.17% participation)
• Support: 87.84% in favor, 12.16% against

Public Non-Institutions

• Shares Held: 63,81,653
• Votes Polled: 5,39,823 (8.46% participation)
• Support: 88.57% in favor, 11.43% against

Scrutinizer Report and Process Compliance

A.K. Jain & Associates, represented by Mr. Balu Sridhar, served as the scrutinizer for the e-voting process. The scrutinizer's report confirmed that the postal ballot was conducted in accordance with Section 108 and 110 of the Companies Act 2013, along with SEBI LODR Regulations. The company dispatched the postal ballot notice via email on February 24, 2026, to shareholders whose email addresses were registered with the company or depositories.

The e-voting platform was provided by Central Depository Services (India) Limited (CDSL), with votes being unblocked on March 26, 2026, at 5:16 PM in the presence of independent witnesses Ms. Hemalatha and Mr. Akshar Gulecha. The company also published advertisements in Business Standard (English) and Hindu Tamizh Thisai (Tamil) newspapers on February 24, 2026, ensuring proper communication to all stakeholders.

Regulatory Compliance and Documentation

Rane Holdings Limited has submitted the voting results and scrutinizer's report to both BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44(3) of SEBI LODR. The documents have also been uploaded on the company's website and CDSL's e-voting portal for public access. The scrutinizer confirmed that no invalid votes were recorded during the process, with all 127 participating members casting valid votes totaling 76,98,071 shares.

Rane Holdings Limited announced significant changes in its Key Managerial Personnel following a Board of Directors meeting held on March 26, 2026. The board approved a transition in the Company Secretary position, effective June 1, 2026, based on recommendations from the Nomination and Remuneration Committee.

Leadership Transition Details

The company disclosed changes involving two key personnel in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The transition involves the departure of the current Company Secretary and the appointment of his successor.

New Appointee Profile

Ms. S Subha Shree brings substantial experience to her new role as Company Secretary and Compliance Officer. She holds a commerce degree from University of Madras and is an Associate Member of the Institute of Company Secretaries of India. Additionally, she possesses a Masters degree in Business Laws from National Law School of India University, Bangalore.

Her professional background includes:

• Over 22 years of experience in secretarial compliance domain
• Association with Rane Group since 2010
• Current position as Company Secretary of Rane (Madras) Limited
• Appointment pursuant to reassignment of responsibilities within the group company

Board Meeting Proceedings

The Board of Directors meeting commenced at 10:00 hrs (IST) and concluded at 12:59 hrs (IST) on March 26, 2026. During the meeting, the board acknowledged Mr. Siva Chandrasekaran's contributions, taking on record its appreciation for his valuable service during his tenure with the company.

Regulatory Compliance

The announcement was made in compliance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2//3762/2026 dated January 30, 2026. The company has fulfilled its disclosure obligations under the relevant SEBI regulations, ensuring transparency in the management transition process.

The seamless transition reflects Rane Holdings Limited's commitment to maintaining continuity in its corporate governance and compliance functions while leveraging internal talent from within the Rane Group ecosystem.