Sterling Tools Limited Announces Postal Ballot Results for Director Re-appointments

Sterling Tools Limited officially announced the successful completion of its postal ballot process on March 28, 2026, with shareholders demonstrating overwhelming support for the re-appointment of key directors. The company informed stock exchanges that both special resolutions were passed with requisite majority, reflecting strong confidence in its leadership team.

Voting Results Overview

The postal ballot process addressed two critical appointments through special resolutions. Both proposals received exceptional support from shareholders, with the e-voting period concluding on March 27, 2026, at 05:00 PM IST.

Resolution Details:	Resolution 1	Resolution 2
Subject:	Re-appointment of Mr. Anil Aggarwal as Chairman cum Whole Time Director	Re-appointment of Mr. Atul Aggarwal as Managing Director
Total Votes Received:	141 members	140 members
Shares Represented:	23782049	23781989
Votes in Favor:	23779982 (99.99%)	23779922 (99.99%)
Votes Against:	2067 (0.01%)	2067 (0.01%)

Director Re-appointments Approved

The first resolution concerned the re-appointment of Mr. Anil Aggarwal (DIN: 00027214) as Chairman and Whole Time Director, including payment of remuneration. This resolution received support from 119 out of 141 voting members, representing 23779982 shares or 99.99% of the total votes cast.

The second resolution addressed the re-appointment of Mr. Atul Aggarwal (DIN: 00125825) as Managing Director with remuneration approval. This proposal was supported by 118 out of 140 voting members, covering 23779922 shares, also achieving 99.99% approval.

Regulatory Compliance and Process

The postal ballot was conducted in compliance with Regulations 30 and 44(3) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The remote e-voting process was conducted through National Securities Depository Limited (NSDL) platform, commencing on February 26, 2026, at 09:00 AM and concluding on March 27, 2026, at 05:00 PM.

Shareholder Category:	Shares Held	Votes Polled	Participation Rate
Promoter and Promoter Group:	23573478	23573478	100.00%
Public Institutions:	140015	31792	22.71%
Public Non-Institutions:	12470825	176779	1.42%
Total:	36184318	23782049	65.72%

Scrutinizer's Report and Documentation

The process was scrutinized by Mr. Santosh Kumar Pradhan, a practicing company secretary appointed by the board. The scrutinizer's report confirmed that all regulatory requirements were fulfilled, including proper notice dispatch to shareholders whose names appeared on the register as of the cut-off date of February 20, 2026.

The company has made the voting results and scrutinizer's report available on its website at stlfasteners.com/investors, ensuring transparency and accessibility for all stakeholders. Both resolutions required special majority approval and successfully met the regulatory thresholds with substantial shareholder support.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-5.83%	-12.86%	-27.65%	-49.12%	-51.32%	-16.61%

Sterling Tools Limited has announced the appointment of Ms. Pragya Saxena as Company Secretary & Compliance Officer, designated as Key Managerial Personnel (KMP), effective March 23, 2026. The appointment was formalized during a Board of Directors meeting held on March 23, 2026, based on recommendations from the Nomination and Remuneration Committee.

Board Meeting Outcome

The Board meeting commenced at 10:30 A.M. and concluded at 01:25 P.M. on March 23, 2026, where directors approved Ms. Saxena's appointment to the critical compliance role. The company has communicated this decision to both NSE and BSE under Regulation 30 and 33 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Parameter:	Details
Position:	Company Secretary & Compliance Officer
Designation:	Key Managerial Personnel (KMP)
Effective Date:	March 23, 2026
ICSI Membership:	F9640 (Fellow Member)
Board Meeting Time:	10:30 A.M. to 01:25 P.M.
Appointment Type:	New Appointment

Updated Key Managerial Personnel List

Following the appointment, Sterling Tools Limited has provided an updated list of authorized Key Managerial Personnel in accordance with Regulation 30(5) of the SEBI Listing Regulations. The updated KMP list includes personnel authorized to determine the materiality of events or information for stock exchange disclosures.

S.No.:	Name	Designation	Contact Details
1	Mr. Atul Aggarwal	Managing Director	csec@stlfasteners.com
2	Ms. Pragya Saxena	Company Secretary and Compliance Officer	Tel No.: 0129-2270621-25

Professional Qualifications and Experience

Ms. Pragya Saxena brings substantial expertise to Sterling Tools Limited with her comprehensive background in corporate governance and regulatory compliance. She holds Fellowship membership of the Institute of Company Secretaries of India with membership number F9640, demonstrating her advanced qualifications in the field.

Her professional credentials include over 14 years of specialized experience in listed company governance, extensive expertise in SEBI LODR compliances and regulatory affairs, and proven track record in Board and Committee management. She has independently led end-to-end compliance frameworks for listed entities, ensuring timely disclosures and statutory filings.

Regulatory Compliance Framework

The appointment strengthens Sterling Tools Limited's corporate governance framework and compliance capabilities. The company has fulfilled all disclosure requirements under SEBI regulations, with the updated KMP details made available on the company website at stlfasteners.com/investors/contact-detail-under-regulation-30. This appointment reflects Sterling Tools Limited's commitment to maintaining robust governance practices and regulatory compliance standards.