Simplex Realty Limited informed BSE that Mr. Sabhapati Girijashankar Shukla will cease to be an Independent Director effective October 21, 2026. This change follows the completion of his second term on October 20, 2026.

The company stated that Mr. Shukla's membership in existing committees had already ceased since August 5, 2026, due to the reconstitution of those committees. The Board expressed deep appreciation for his valuable advice and guidance during his tenure.

Regulatory Disclosure Details

The intimation was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company enclosed the requisite disclosure details as required under the SEBI Master Circular dated January 30, 2026.

The information has been hosted on the company's website for public access.

Simplex Realty Limited concluded its 113th Annual General Meeting (AGM) on August 5, 2026, securing near-unanimous shareholder approval for key governance resolutions. The virtual meeting, held via Video Conferencing/Other Audio Visual Means (VC/OAVM), saw shareholders endorse the re-appointment of top leadership, the induction of two new directors, and a revision in executive remuneration. These outcomes solidify the company’s current governance structure and strategic direction for the coming year.

The proceedings were conducted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Nandan Damani, Chairman of Simplex Realty Limited, presided over the meeting, which began at 12:30 p.m. and concluded at 12:52 p.m. A total of 27 members attended the virtual gathering, representing both promoter and public categories. The Statutory Auditors and Secretarial Auditor were present via video conference to address queries regarding their reports dated May 20, 2026.

Voting Results Overview

Shareholders voted on seven ordinary and special resolutions concerning the company’s governance structure. The voting process was facilitated by National Securities Depository Limited (NSDL), with remote e-voting available from August 2 to August 4, 2026. The combined results of remote e-voting and voting during the AGM were scrutinized by Binit Kumar, Company Secretary in Practice.

Out of 3,080 shareholders on the record date of July 29, 2026, a total of 2,240,157 votes were polled across all resolutions, representing a 74.89% turnout on outstanding shares. Promoter and Promoter Group shareholders held 1,648,427 shares and polled 1,637,980 votes (99.37% participation), casting all votes in favor. Public institutional shareholders held 450,982 shares and polled 356,475 votes (79.04% participation), also voting unanimously in favor.

Board Resolutions and Appointments

Nandan Damani, who retires by rotation, was eligible and offered himself for re-appointment as a Director under an ordinary resolution. His role as Managing Director was also subject to a special resolution for re-appointment. Similarly, Sanjay N Damani, Joint Managing Director, sought re-appointment through a special resolution. Both resolutions received overwhelming support from all shareholder categories.

New Director Inductions

The board expanded with the appointment of Geeta Prabhakaran as a Director under an ordinary resolution. Additionally, Sita Sunil was appointed as an Independent Director via a special resolution, bringing her DIN (00041722) into the company’s governance framework. These appointments aim to strengthen the board’s oversight capabilities and independent perspective.

Remuneration Revision

A special resolution was passed to revise the terms of remuneration for Sandhya R Kini, who serves as the Whole-time Director of the company. This adjustment reflects the board’s decision to align executive compensation with current market standards and performance expectations. The resolution received 99.999% support from voters.

Compliance and Scrutiny

The voting process was scrutinized by Binit Kumar, Practicing Company Secretary, pursuant to Section 108 of the Companies Act, 2013 and Rule 20 of the Companies (Management and Administration) Rules, 2014. The Scrutinizer’s Report, dated August 6, 2026, confirms that no invalid votes were cast. The results have been made available on the company’s website and NSDL’s e-voting platform.