Remsons Industries Limited has announced that its step-down subsidiary, Remsons Automotive Ltd. (UK), has been nominated by a global commercial vehicle OEM for a significant 10-year pedal box supply programme. The nomination, disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, was communicated to the stock exchanges on 8th May, 2026. The programme carries an estimated lifetime value of approximately ₹160 crores, marking another notable international contract win for the Group.

Programme Overview

The contract has been awarded by a leading global commercial vehicle OEM manufacturer and is international in nature. Remsons Automotive Ltd. (UK) will be responsible for the supply of pedal boxes — a structural, safety-critical assembly that integrates the brake and, where applicable, clutch pedals into a single mounted unit fitted to the vehicle's bulkhead — under this programme. The award follows an extended technical evaluation and competitive sourcing process in which Remsons was assessed on engineering capability, manufacturing readiness, quality systems, programme management, and total landed cost over the ten-year programme life. The programme is set to run for 120 months, with start of production scheduled for Q4 CY2028, and the full order value of ₹160 crores to be executed over the ten-year term.

The key details of the contract, as disclosed under Regulation 30(4) of the Listing Regulations, are summarised below:

Strategic Significance

The nomination is described as a significant milestone for the Remsons Group, materially expanding the company's commercial vehicle order book and deepening its position as a Tier-1 system supplier to global truck and bus manufacturers. The pedal box programme moves Remsons further up the value chain from individual components to integrated, safety-critical sub-assemblies, and reinforces the strategic role of the UK subsidiary as the Group's gateway to European OEM business. With SOP scheduled for Q4 CY2028, programme tooling, validation, and capacity planning will be progressed across the Group's UK and India operations over the coming quarters.

Davinder Bains, MD of Remsons Automotive Ltd., commented on the development:

"This nomination is a landmark moment for the Remsons Group. Securing a ten-year pedal box programme of this scale with a global commercial vehicle OEM validates the engineering depth, manufacturing capability and quality systems that we have built across our Indian and UK operations. It is a defining win for the entire Group and provides clear, multi-year revenue visibility into the next decade."

Regulatory Disclosure

The intimation was filed by Rohit Darji, Company Secretary & Compliance Officer of Remsons Industries Limited, in accordance with SEBI (LODR) Regulations, 2015, and the SEBI Master Circular dated 30th January, 2026. The company confirmed that neither the promoter, promoter group, nor any group companies have any interest in the entity that awarded the contract, and the order does not fall within the scope of related party transactions.

Remsons Industries Limited has announced a postal ballot process for shareholder approval on three critical special resolutions that will significantly enhance the company's financial operational capabilities. The remote e-voting period is scheduled from April 9, 2026 to May 8, 2026, with members holding shares as of the cut-off date of April 3, 2026 eligible to participate.

Special Resolutions Overview

The postal ballot encompasses three special business items requiring shareholder approval under the Companies Act, 2013:

Enhanced Financial Capabilities

The first resolution seeks authorization for the Board of Directors to create mortgages, charges, or dispose of company assets up to Rs. 200.00 Crores. This represents a substantial increase from the previous limit of Rs. 30.00 Crores approved in the Annual General Meeting held on September 30, 2014. The enhanced authority will enable the company to pledge movable and immovable assets, both present and future, to secure borrowings from lenders.

The second resolution proposes to expand borrowing powers to Rs. 200.00 Crores, significantly higher than the existing limit of Rs. 30.00 Crores established in 2014. This increased borrowing capacity is intended to support the company's future expansion plans and provide access to additional funds from banks, financial institutions, NBFCs, and other entities.

Investment and Lending Authority

The third resolution seeks approval for investment, lending, and guarantee activities up to Rs. 100.00 Crores under Section 186 of the Companies Act, 2013. This authority will enable the Board to:

• Provide loans to persons or body corporates
• Give guarantees or provide security for loans to other entities
• Acquire securities of other body corporates through subscription or purchase

These limits exceed the statutory thresholds of 60% of paid-up capital and free reserves or 100% of free reserves and securities premium account, whichever is higher.

Voting Process and Timeline

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process. CS Manish Baldeva, Practicing Company Secretary, has been appointed as the Scrutinizer to ensure fair and transparent conduct of the postal ballot.

The postal ballot notice has been distributed electronically to members whose email addresses are registered with the company, depositories, or the Registrar and Transfer Agent. The notice is also available on the company's website at www.remsons.com and on the websites of BSE, NSE, and CDSL.

Strategic Rationale

The proposed resolutions reflect the company's strategic planning for enhanced financial flexibility and long-term business objectives. The significant increase in borrowing and investment limits from the 2014 authorization demonstrates the company's growth trajectory and capital requirements for future expansion initiatives. All resolutions require special resolution approval, emphasizing the importance of these financial enhancements to the company's operational strategy.