Sansera Engineering Limited has initiated a postal ballot process to seek shareholder approval for the appointment of three independent directors. The company published the notice in Business Standard and Prajavani on June 16, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resolutions concern the appointment of Ms. Radhika Govind Rajan, Mr. Deepak Keshav Ghaisas, and Mr. Venkataram Mamillapalle as Non-Executive Independent Directors for a five-year term commencing May 20, 2026, and ending May 19, 2031.

The Board of Directors approved the proposal at its meeting on May 21, 2026. Shareholder consent is required to comply with SEBI regulations, which mandate approval within three months of the appointment of additional directors. The resolutions also seek approval for remuneration, which includes a fixed commission not exceeding ₹30 lakh per annum for each director, sitting fees, and reimbursement of expenses. The total amount payable to all Independent Directors shall not exceed 1% per annum of the net profits of the Company calculated in accordance with the provisions of section 198 of the Companies Act, 2013.

Appointment Details

The three nominees were appointed as Additional Directors designated as Non-Executive Independent Directors on May 20, 2026. A special resolution is specifically required for the continuance of Ms. Radhika Govind Rajan, as she will attain the age of seventy-five years during her tenure. The company has engaged MUFG Intima India Private Limited (formerly known as Link Intime India Private Limited) to provide the remote e-voting facility.

Voting Schedule and Process

The remote e-voting process is open to members whose names appear on the Register of Members or list of Beneficial Owners as on the Cut-off Date of Friday, June 12, 2026. The voting period begins on Wednesday, June 17, 2026, at 9.00 a.m. (IST) and ends on Thursday, July 16, 2026, at 5.00 p.m. (IST). The results of the postal ballot will be declared within two working days from the date of closing of e-voting.

The Board has appointed CS Pramod S/O or, in his absence, CS Biswajit Ghosh of M/s. BMP & Co., LLP, a Practicing Company Secretary firm, as the scrutinizer to ensure the e-voting process is conducted fairly and transparently. The notice and explanatory statement are available on the company’s website.

Sansera Engineering has closed its trading window for designated persons, employees, and their immediate relatives effective Wednesday, July 01, 2026. The window will remain shut until the expiry of 48 hours after the announcement of the company's financial results for the quarter ending June 30, 2026 (Q1FY27). This measure is implemented to ensure compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, including any amendments, and the company's internal Code of Conduct.

The restriction prevents insiders from trading in the company's securities during the period leading up to and immediately following the financial results disclosure. This is a standard procedure adopted by listed companies to prevent the misuse of unpublished price-sensitive information (UPSI) and maintain market integrity.

Board Meeting and Results Announcement

The company stated that the date of the Board of Directors' meeting to approve the financial results for Q1FY27 will be communicated separately in due course. The trading window closure is directly linked to this upcoming announcement, ensuring that no designated person can trade based on advanced knowledge of the quarterly performance.

The communication was formally addressed to the National Stock Exchange of India Ltd and BSE Limited on June 11, 2026. The circular was signed by Rajesh Kumar Modi, Company Secretary and Compliance Officer of Sansera Engineering Limited.

Key Dates and Details