Sarla Performance Fibers Limited has announced the successful completion of its postal ballot process, with shareholders approving two critical special resolutions through remote e-voting. The company disclosed the voting results on March 14, 2026, following regulatory requirements under Regulation 44 of SEBI Listing Regulations.

Postal Ballot Process Overview

The remote e-voting process was conducted exclusively through National Securities Depositories Limited (NSDL) platform, commencing at 9:00 A.M. (IST) on Thursday, February 12, 2026 and concluding at 5:00 P.M. (IST) on Friday, March 13, 2026. The postal ballot notice was dispatched electronically on February 11, 2026 to shareholders whose email addresses were registered as of the cut-off date of February 06, 2026.

Resolution Results and Voting Details

Both special resolutions received overwhelming shareholder support, demonstrating strong confidence in the company's strategic initiatives. The voting results showed exceptional approval rates across all shareholder categories.

Resolution 1: Charge Creation Approval

The first special resolution sought approval for creation of charge/security on the assets of the company, receiving 99.99% approval from voting shareholders.

Resolution 2: Borrowing Limits Increase

The second special resolution addressed the increase in overall borrowing limits under Section 180(1)(c) of the Companies Act, 2013, also achieving 99.99% approval from voting shareholders.

Scrutinizer Certification and Regulatory Compliance

Ms. Vyoma Desai, Managing Partner of M/s. Abbas Lakdawalla and Associates LLP, Practicing Company Secretaries (FCS No. 11166 and CP No. 23010), served as the scrutinizer for the postal ballot process. The scrutinizer confirmed that both resolutions were passed with the requisite majority, with votes in favor being not less than three times the votes cast against each resolution.

The postal ballot process was conducted in full compliance with Section 108 and 110 of the Companies Act, 2013, Companies (Management and Administration) Rules, 2014, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized MUFG Intime India Private Limited (formerly Link Intime India Private Limited) as its Registrar and Share Transfer Agent.

Corporate Communication and Filing

The company has filed the voting results with BSE Limited (Security Code: 526885) and National Stock Exchange of India Limited (Symbol: SARLAPOLY), where its equity shares are listed. The results have been made available on the company's website at www.sarlafibers.com and will remain accessible for stakeholder reference.

Both resolutions are deemed to have been passed on Friday, March 13, 2026, the last date of the remote e-voting period. The successful completion of this postal ballot process enables the company to proceed with its strategic initiatives related to asset security creation and enhanced borrowing capabilities.

Sarla Performance Fibers Limited has announced a postal ballot process to seek shareholder approval for critical corporate resolutions that will enhance the company's financial flexibility and operational capabilities.

E-Voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process, with remote e-voting being the exclusive method for shareholder participation.

The postal ballot notice, dated February 04, 2026, has been sent electronically to members whose email addresses are registered with the company or depositories. Physical postal ballot forms will not be accepted, in compliance with MCA circulars.

Special Resolution 1: Enhanced Borrowing Authority

The first special resolution seeks to increase the company's borrowing limits significantly to support business expansion and working capital requirements.

The previous borrowing authorization was granted at the 25th Annual General Meeting held on September 28, 2018. The enhanced limit of ₹550 crores will provide the company with greater financial flexibility to meet expanding business requirements, working capital needs, and future growth plans as recommended by the Board of Directors at their meeting on February 04, 2026.

Special Resolution 2: Asset Security Creation

The second resolution authorizes the Board to create charges, mortgages, or encumbrances on the company's movable and immovable properties to secure the enhanced borrowing limits.

This co-extensive authority aligns with the proposed borrowing limit increase and enables the company to:

• Mortgage, pledge, or hypothecate company assets
• Create charges on present and future properties
• Secure borrowings including loans, debentures, and other debt instruments
• Cover interest, costs, charges, and related expenses

Corporate Governance and Compliance

The company has appointed NSDL to provide remote e-voting facilities, ensuring secure and transparent shareholder participation. Members holding shares in physical mode who have not registered their email addresses are requested to update their details with the company.

The scrutinizer will submit the voting results within two working days of the e-voting period's conclusion. Results will be communicated to BSE Limited and National Stock Exchange of India Limited, and published on the company's website and NSDL's e-voting portal.

Shareholder Information

Voting rights will be proportionate to shareholding in the paid-up equity share capital as of the cut-off date. The resolutions require special resolution approval, and if passed, will be deemed effective from March 13, 2026. The Board has confirmed that no directors, key managerial personnel, or their relatives have any financial interest in these resolutions beyond their shareholding and directorship positions.