Sundram Fasteners Limited has successfully concluded its 17th postal ballot with shareholders decisively approving the re-appointment of Sri Suresh Krishna as Non-Executive Director. The company announced the voting results on April 25, 2026, following the completion of the remote e-voting process that ran from March 26, 2026, to April 24, 2026.

Voting Results and Participation

The postal ballot witnessed significant shareholder participation, with detailed voting statistics across different categories:

The special resolution received overwhelming support with 99.83% of valid votes cast in favor of the proposal, while only 0.17% voted against it.

Director Re-appointment Details

The approved resolution pertains to the re-appointment of Sri Suresh Krishna (DIN: 00046919) as a Non-Executive Director for another term of five consecutive years from July 1, 2026, to June 30, 2031. The appointment was processed as a special resolution, indicating its significance for the company's governance structure.

Voting Process and Compliance

The postal ballot was conducted in full compliance with regulatory requirements:

• Cut-off Date: March 20, 2026, for determining eligible voters
• Total Shareholders: 79,212 on the cut-off date
• Notice Dispatch: Completed on March 25, 2026, to 75,649 members with registered email addresses
• Scrutinizer: G. Karthikeyan, Practising Company Secretary, oversaw the voting process
• E-voting Platform: National Securities Depository Limited (NSDL) with Event Number 138898

Share Capital and Voting Rights

As of the cut-off date, the company's paid-up equity share capital consisted of 21,01,28,370 equity shares of Re.1/- each. Certain shares had frozen voting rights, including 4,35,678 equity shares in the Unclaimed Suspense Account and 12,28,247 equity shares transferred to the Investor Education and Protection Fund Authority.

Regulatory Filings and Announcements

The company fulfilled all regulatory obligations by filing the voting results with the National Stock Exchange of India Limited and BSE Limited under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot notice was also published in Makkal Kural (Tamil) and Business Standard (English) newspapers on March 26, 2026.

The successful completion of this postal ballot demonstrates strong shareholder confidence in the company's leadership decisions and governance practices, with the overwhelming approval reflecting broad-based support across all shareholder categories.

Sundram Fasteners Limited has received formal requests for reclassifying three promoter group entities to public category status following recent corporate mergers. The requests, dated April 22, 2026, involve entities that have been dissolved through amalgamation schemes approved by regulatory authorities.

Corporate Restructuring Details

The reclassification requests stem from two separate merger transactions completed in recent months. The first involved Lakshminarayana Ancillaries Private Limited (LNL) and Upasana Properties Private Limited (UPP), which merged with UFL Properties Private Limited on October 16, 2025, following approval from the Regional Director, Ministry of Corporate Affairs, Southern Region, Chennai.

The second transaction involved Upasana Private Limited (UPL), which merged with TVS Sundram Fasteners Private Limited on March 27, 2026, pursuant to an order from the Hon'ble National Company Law Tribunal, Chennai Bench dated February 18, 2026.

Shareholding Impact and Compliance

Following the merger of LNL and UPP with UFL Properties Private Limited, the combined shareholding was transferred to UFL. LNL's 9,656 equity shares were vested with UFL, bringing UFL's total holding to 1,09,830 equity shares, representing 0.05% of the paid-up equity share capital.

Both requesting entities have provided comprehensive declarations under Regulation 31A(3)(b) of SEBI Listing Regulations, confirming that the dissolved entities do not hold shares, exercise control, have special rights, or maintain any management representation in Sundram Fasteners.

Regulatory Process and Next Steps

The company has informed both NSE and BSE about the reclassification requests through formal intimation letters. The requests will be placed before the forthcoming Board of Directors meeting for approval under Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key compliance confirmations provided include:

• No shareholding or voting rights in the company
• No direct or indirect control over company affairs
• No special rights through formal or informal arrangements
• No nominee directors or key managerial personnel
• Clean status regarding wilful defaulter and fugitive economic offender classifications

Upon Board approval, Sundram Fasteners will submit applications to BSE Limited and National Stock Exchange of India Limited seeking no-objection certificates for the reclassification from 'Promoter Group' category to 'Public' category. The company has committed to taking appropriate steps in compliance with SEBI Listing Regulations and will make relevant information available on its website at www.sundram.com .