Shankar lal rampal dye chem Limited has published newspaper advertisements for its postal ballot notice seeking shareholder approval for the appointment of Mr. Sumit Jain as Independent Director. The company submitted the advertisement copies to stock exchanges on April 16, 2026, following the board changes announced after its meeting held on April 9, 2026.

Newspaper Advertisement Publication

The company published the postal ballot advertisement in two newspapers on April 16, 2026, as part of its regulatory compliance under SEBI (LODR) Regulations, 2015:

Postal Ballot Process Details

The postal ballot notice was originally sent on April 15, 2026, seeking shareholder approval for Mr. Sumit Jain's appointment as Independent Director:

E-Voting Schedule and Process

The company has announced detailed timelines for the postal ballot process with voting restricted to electronic mode only:

Shareholders holding shares in physical or dematerialized form as on the cut-off date of April 10, 2026, are eligible to vote electronically. The notice has been sent to members whose email IDs are registered with the company or depository participants.

Board Composition and Background

Mr. Sumit Jain's appointment follows the resignation of Mr. Murli Atal as Independent Director with effect from March 26, 2026. The appointment brings technical expertise in health sciences and business dynamics to the board:

Due to the board composition change, three key committees were reconstituted effective April 9, 2026, including the Audit Committee and Stakeholders' Relationship Committee.

Regulatory Compliance

The newspaper advertisement publication represents the company's continued compliance with regulatory requirements. The company had earlier filed a corrigendum on April 9, 2026, to correct typographical errors in the original board meeting outcome, specifically addressing committee reconstitution dates and postal ballot cut-off dates.

Shankar lal rampal dye chem Limited has informed stock exchanges about the resignation of Mr. Murli Atal from his position as Independent Director, effective from close of business hours on March 26, 2026. The company filed the intimation under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Director Resignation Details

Mr. Murli Atal, holding Director Identification Number 08150205, submitted his resignation citing professional commitments and time constraints as primary reasons. The resignation affects his position as Independent Director and his membership in all board committees where he served.

Resignation Background

In his resignation letter, Mr. Atal explained that his decision stems from evolving professional engagements in the financial advisory and assurance domain. He stated that prioritizing his professional role in accounts and accuracy would prevent him from dedicating necessary time required for directorial responsibilities. The director emphasized his commitment to avoiding any potential overlap with his professional duties.

Regulatory Compliance

As per SEBI regulations, Mr. Atal provided mandatory confirmations in his resignation letter:

• Material Reasons: He confirmed no other material reasons exist for his resignation beyond those stated
• Other Directorships: He declared holding no directorships in any other listed entity
• Committee Memberships: He confirmed no memberships in board committees of other listed entities

Board Composition Impact

The company assured that following Mr. Atal's resignation, the board composition and its committees continue to comply with applicable legal requirements. Management indicated that the vacancy will be filled in due course, subject to shareholder approval through proper procedures.

Transition Arrangements

Mr. Atal expressed gratitude to the board and management team for their support during his tenure since 2018. He committed to providing necessary assistance during the transition period to ensure smooth handover of responsibilities. The company will complete required formalities with the Registrar of Companies and inform stock exchanges within prescribed timelines.