Simplex Castings Limited has authorized its Key Managerial Personnel (KMP) to determine the materiality of events and make disclosures to stock exchanges following the resignation of its Company Secretary and Compliance Officer, Ms. Sakshi Jain. The authorization, effective June 1, 2026, was communicated to BSE Limited and Calcutta Stock Exchange under Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors has designated four senior officials to handle these responsibilities. This step ensures compliance with regulatory requirements for timely and accurate disclosures to the exchanges after the departure of the previous compliance officer.

Authorized Personnel

The following KMPs are now authorized to determine materiality and make disclosures:

Ms. Jain resigned from her positions effective the close of business hours on June 1, 2026, to pursue other career opportunities. The company confirmed there were no other material reasons for her departure. The intimation regarding her resignation was submitted pursuant to Regulation 30 read with sub-para 7 of Para A of Part A of Schedule III of the SEBI (LODR) Regulations, 2015.

Simplex Castings Limited has announced a postal ballot to seek shareholder approval for the sub-division of its equity shares and the appointment of key personnel. The e-voting process is open from June 3, 2026, to July 2, 2026, allowing members to vote on four resolutions including a stock split and director appointments.

The Board of Directors has approved the sub-division of the existing 1 fully paid-up equity share of face value ₹10 into 5 fully paid-up equity shares of face value ₹2 each. This move aims to enhance liquidity and encourage wider shareholding participation. The authorized equity share capital will increase to 5,00,00,000 shares of ₹2 each, while the issued, subscribed, and paid-up capital will rise to 4,09,96,235 shares. Consequently, the company seeks approval to alter the capital clause of the Memorandum of Association to reflect this revised structure.

Director Appointments

The company proposes the appointment of Mr. Avinash Hariharno (DIN: 11689719) as a Whole-time Director designated as Executive Director (Finance) for a term of five years from May 28, 2026, to May 27, 2031. Mr. Hariharno, currently the Chief Financial Officer, brings over 26 years of experience in finance and corporate banking. His remuneration includes a basic salary of ₹1,00,000 per month along with perquisites and allowances as determined by the Board.

Additionally, the company seeks approval for the appointment of Mr. Palash Singhania (DIN: 06724674) as an Independent Director for a term of five years commencing May 28, 2026. Mr. Singhania, a Certified Financial Planner with over 11 years of experience in portfolio and asset management, has submitted the necessary declarations confirming his independence and eligibility.

Voting Details and Capital Structure

The remote e-voting facility, managed by Central Depository Services (India) Limited (CDSL), is available to shareholders whose names appear in the Register of Members or List of Beneficial Owners as of the cut-off date of May 22, 2026. The results of the postal ballot will be announced on or before July 4, 2026.

Ms. Meena Naidu, Practicing Company Secretary, has been appointed as the Scrutiniser to oversee the e-voting process. The notice and explanatory statement are available on the company's website.