Singer India Limited has initiated the e-voting process for its postal ballot to seek shareholder approval for the remuneration of Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director. The resolution proposes to continue the existing remuneration structure for the remaining period of his tenure from April 5, 2026 to April 4, 2028. The e-voting facility is open from June 26, 2026, to July 25, 2026, and the company has stated that no physical ballot forms will be dispatched or accepted for this process.

The proposed remuneration includes a base pay of up to ₹4,50,00,000 per annum, along with other perquisites and benefits. The company stated that this remuneration is in accordance with the provisions of Sections 196, 197, and Schedule V of the Companies Act, 2013. The Board of Directors has recommended the resolution for approval, noting that the remuneration structure remains unchanged from the previously approved terms for the period April 5, 2023 to April 4, 2026.

M/s. Varuna Mittal & Associates has been appointed as the Scrutinizer to conduct the postal ballot and e-voting process in a fair and transparent manner. National Securities Depository Limited (NSDL) has been engaged to facilitate the e-voting facility. Members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of June 19, 2026 are eligible to vote.

Key Corporate Action Dates

The results of the postal ballot will be announced not later than two working days from the conclusion of the e-voting. The resolution will be deemed to be passed on the last date specified for the e-voting, July 25, 2026, if the requisite majority of members assent to the resolution. The results will be published on the company's website and communicated to the stock exchanges.

Singer India Ltd has fixed July 31, 2026, as the record date to determine shareholder eligibility for a final dividend of ₹0.40 per equity share. The dividend, recommended by the Board of Directors on May 27, 2026, is for the financial year ended March 31, 2026, and is subject to approval by shareholders at the 48th Annual General Meeting (AGM). If approved, the payment will be made within 30 days from the date of the AGM, after deduction of tax at source where applicable.

The Board, meeting on June 25, 2026, approved the closure of the Register of Members and Share Transfer Books from August 01, 2026, to August 07, 2026, for the purpose of the AGM and the dividend payment. The 48th AGM is scheduled for August 07, 2026.

In a separate decision, the Board approved the remuneration payable to Mr. Rakesh Khanna, Executive Vice Chairman and Managing Director, for the remaining period of his tenure from April 5, 2026, to April 4, 2028. This approval is based on the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval.

The company will conduct a postal ballot to seek shareholder approval for the remuneration payable to Mr. Rakesh Khanna. The notice for the postal ballot will be sent to members in due course. The Board meeting was conducted in compliance with Regulation 30 and 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.