Somi Conveyor Beltings Limited convened an Extra-Ordinary General Meeting (EGM) on Wednesday, May 6, 2026, at its registered office located at 4F-15, "Oliver House", New Power House Road, Jodhpur, Rajasthan. The meeting commenced at 11:30 A.M. and concluded at 12:30 Noon on the same day. The proceedings were disclosed to the stock exchanges in compliance with Regulation 30(6) read with Para A of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Overview

Mr. Om Prakash Bhansali, Managing Director of the Company, was elected as Chairman of the meeting. With the requisite quorum present, the Chairman formally commenced the proceedings and delivered his address to the members. Clarifications were provided to queries raised by shareholders during the course of the meeting. The total number of shareholders on the record date (cut-off date) stood at 7,866, with 07 promoter and promoter group members and 26 public shareholders present at the meeting either in person or through proxy. Video conferencing was not arranged as no request was received.

The key details of the EGM are summarised below:

Re-appointment of Independent Director

The sole agenda item at the EGM was the re-appointment of Mr. Santosh Kumar Joshi (DIN: 08950339) as a Non-Executive Independent Director for a second term of five consecutive years. The appointment is effective from February 22, 2026, to February 21, 2031 (both days inclusive). The resolution was classified as a Special Resolution, and promoters or promoter group members were not interested in the agenda.

Voting Results

In accordance with the provisions of the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the Company facilitated remote e-voting through CDSL from May 3, 2026 (9:00 A.M.) to May 5, 2026 (5:00 P.M.), as well as poll-based voting at the meeting venue for members who had not cast their votes electronically. The Special Resolution for re-appointment of Mr. Santosh Kumar Joshi was passed with requisite majority, with all 8,927,822 votes cast entirely in favour and zero votes against.

The category-wise voting summary for Resolution No. 1 is presented below:

The mode-wise breakdown of votes, as reported by the Scrutinizer, is as follows:

Scrutinizer's Report

Mrs. Ira Baxi (FCS: 5456, CP No.: 4712), Practicing Company Secretary, was appointed as Scrutinizer by the Board of Directors to oversee and scrutinize both the remote e-voting process and voting through poll in a fair and transparent manner. The cut-off date for determining voting rights of shareholders was April 29, 2026. The votes were unblocked on May 6, 2026 at approximately 1:25 P.M. in the presence of two independent witnesses — Ms. Rashmi Dansinghani and Ms. Seema Bamaniya — both residents of Jodhpur and not in employment of the Company. No poll papers were found invalid. The Scrutinizer confirmed that the Special Resolution for re-appointment of Mr. Santosh Kumar Joshi as Non-Executive Independent Director for the second term of five consecutive years has been passed with requisite majority.

The proceedings were signed and submitted by Amit Baxi, Company Secretary and Compliance Officer (FCS: 8314), on behalf of Somi Conveyor Beltings Limited.

Somi Conveyor Beltings Limited has submitted mandatory promoter declarations to stock exchanges under SEBI's Substantial Acquisition of Shares & Takeovers Regulations for the financial year ended March 31, 2026. The Jodhpur-based conveyor belt manufacturer filed the declarations on April 2, 2026, ensuring compliance with regulatory requirements.

Regulatory Compliance Framework

The declarations were submitted pursuant to Regulation 31(4) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011, as amended by the Second Amendment Regulations introduced on July 29, 2019. This regulatory framework mandates annual declarations from promoters and persons acting in concert regarding their shareholdings and any encumbrances.

Promoter Shareholding Details

The company's promoters collectively hold 6960757 equity shares as of March 31, 2026. The declarations confirm that none of the promoters or persons acting in concert made any encumbrances, directly or indirectly, during the financial year ended March 31, 2026.

Declaration Process

Seven promoter entities submitted individual declarations to both BSE Limited and National Stock Exchange of India Limited. Each declaration was signed and dated April 1, 2026, from Jodhpur, confirming their respective shareholdings and absence of any encumbrances during the financial year.

Company Information

Somi Conveyor Beltings Limited, an ISO 9001 certified company, manufactures fabric, steel cord, and bucket elevator belts. The company operates from Oliver House, New Power House Road, Jodhpur, Rajasthan, and maintains its corporate identity number as L25192RJ2000PLC016480.

Stock Exchange Communication

Company Secretary and Compliance Officer Amit Baxi digitally signed the covering letter dated April 2, 2026, transmitting all promoter declarations to both stock exchanges. The submissions fulfill the company's annual regulatory obligations under SEBI's substantial acquisition regulations.