Subex Limited has completed the electronic dispatch of its postal ballot notice seeking shareholder approval for the appointment of Mr. Stephane Raymond Marie Le Letty as a Non-Executive and Non-Independent Director. The company has also published the required newspaper notifications in compliance with regulatory requirements.

Postal Ballot Completion Update

The company informed stock exchanges on April 17, 2026, that it has completed the electronic dispatch of the postal ballot notice on April 16, 2026. The notice has been published in Financial Express and Vishva Vani newspapers as required under regulatory provisions.

E-Voting Process Details

The postal ballot notice seeks member approval for appointing Mr. Stephane Raymond Marie Le Letty (DIN: 11628981) as a Non-Executive and Non-Independent Director. The company has engaged National Securities Depository Limited (NSDL) to provide the e-voting facility for this corporate action.

Proposed Director Profile

Mr. Stephane Raymond Marie Le Letty brings extensive experience in telecommunications and enterprise technology sectors. He was appointed as an Additional Director on March 25, 2026, pursuant to Section 161 of the Companies Act, 2013.

Professional Background

Mr. Le Letty's career spans over two decades in leadership roles across global technology companies. At Hewlett Packard Enterprise, he served as Director of Communication and Media Services Research and Development for Europe, the Middle East, and Africa. His responsibilities included managing a mission-critical portfolio covering mobile core networks, 5G technologies, operations support systems, and service assurance solutions deployed with over 350 telecommunications service providers worldwide.

Regulatory Compliance

The postal ballot is being conducted in compliance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The notice has been distributed exclusively through electronic mode to members whose email addresses are registered with the company, registrar and transfer agent, or depositories.

Members holding shares as of the cut-off date (April 10, 2026) are eligible to participate in the e-voting process. The voting rights will be proportionate to their shareholding in the company's paid-up equity share capital. The postal ballot notice and related documents are available on the company's website, stock exchange websites, and NSDL's e-voting portal for member reference.

Subex Limited has submitted its quarterly compliance certificate under SEBI regulations, demonstrating adherence to mandatory reporting requirements for securities transactions. The company filed the certificate with stock exchanges on April 8, 2026, covering the quarter ended March 31, 2026.

Regulatory Compliance Filing

The compliance certificate was submitted pursuant to Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. This regulation mandates companies to report details of securities dematerialized and rematerialized during each quarter to relevant stock exchanges and depositories.

Registrar Certification Process

KFin Technologies Limited, acting as Subex's Registrar and Transfer Agent, issued the necessary certificates on April 2, 2026. The certificates were addressed to both major depositories in India, confirming that all required information regarding securities transactions had been furnished to stock exchanges where Subex shares are listed.

Rajitha Cholleti, Vice President at KFin Technologies Limited, signed the certificates on behalf of the registrar. The certificates were sent to:

• National Securities Depository Limited (NSDL)
• Central Depository Services (India) Limited (CDSL)

Stock Exchange Notification

Subex formally notified both BSE Limited and National Stock Exchange of India Limited about the compliance filing. The company's shares trade under different identifiers on each exchange, facilitating investor access across multiple trading platforms.

Corporate Information

Subex Limited maintains its registered operations at Pritech Park SEZ in Bengaluru, with KFin Technologies Limited providing registrar services from multiple locations including Hyderabad and Mumbai. The compliance filing represents part of the company's ongoing regulatory obligations as a publicly listed entity, ensuring transparency in securities transactions and maintaining investor confidence through proper documentation and reporting procedures.