SIS Limited has announced the allotment of equity shares under its Employee Stock Option Plan, marking another step in its employee incentive program. The company informed stock exchanges about this development through an official communication on March 13, 2026.

Share Allotment Details

The Nomination and Remuneration Committee of SIS Limited approved the allotment of 25,739 equity shares under the company's Employee Stock Option Plan. The shares were allotted at a face value of INR 5 each on March 13, 2026.

Updated Share Capital Structure

Following the allotment, the company's share capital structure has been updated to reflect the new equity base. The paid-up share capital has increased accordingly to accommodate the newly allotted shares.

Regulatory Communication

The company has formally notified both major stock exchanges about this corporate action. The communication was sent to the National Stock Exchange of India Limited and BSE Limited, ensuring compliance with regulatory requirements for listed companies.

The official filing was signed by Pushpalatha Katkuri, Company Secretary and Compliance Officer, confirming the authenticity of the announcement and the company's commitment to transparent disclosure practices.

SIS Limited has successfully concluded its postal ballot process, with shareholders approving key board appointments through remote e-voting. The company announced the results on March 10, 2026, following the completion of the voting process on March 8, 2026, in compliance with Regulation 30 and 44 of SEBI Listing Regulations.

Postal Ballot Resolutions

The company sought shareholder approval for two special resolutions through the postal ballot notice dated January 29, 2026:

Both resolutions received requisite majority approval from shareholders, with the voting process conducted entirely through remote e-voting facilities provided by CDSL. The company formally notified both NSE and BSE about the results through official regulatory filings.

Voting Participation and Results

The postal ballot witnessed significant shareholder participation across different categories:

Resolution 1: Dr. Onkar Sharma's Appointment

The appointment of Dr. Onkar Sharma as Independent Director received overwhelming support:

Resolution 2: Mr. Deepak Kumar's Re-appointment

The re-appointment of Mr. Deepak Kumar also secured strong shareholder approval:

Director Appointment Details

Dr. Onkar Sharma has been appointed as an Independent Director for a term of 2 consecutive years effective January 29, 2026. He was initially appointed by the Board as an Additional Director on the same date and meets the independence criteria under Section 149(6) of the Companies Act, 2013.

Mr. Deepak Kumar has been re-appointed as an Independent Director for a second and final term of 2 years effective June 27, 2026. His re-appointment represents continuity in the company's board composition and governance structure.

Scrutinizer's Validation

Sudhir Vishnupant Hulyalkar, Company Secretary in Practice, served as the appointed scrutinizer for the postal ballot process. The scrutinizer confirmed that the voting process was conducted in accordance with the Companies Act, 2013, and related regulations. The voting period extended from February 7, 2026 (09:00 A.M. IST) to March 8, 2026 (5:00 P.M. IST), providing shareholders adequate time to participate.

The results demonstrate strong shareholder confidence in the proposed board appointments, with both resolutions achieving the required special resolution majority. The voting results and scrutinizer's report have been made available on the company's website and CDSL's e-voting platform for shareholder reference. Company Secretary Pushpalatha Katkuri signed the official regulatory filings submitted to stock exchanges.