Talbros appoints Pratham Mittal as Independent Director

Talbros Automotive Components Limited has appointed Mr. Pratham Mittal as an Independent Director for a period of five years, following the approval of shareholders through a postal ballot. The resolution received 99.99% approval, with 38.9 million votes cast in favour out of the total votes polled. The appointment is not liable to retire by rotation.

The postal ballot was conducted exclusively through e-voting from June 16, 2026, to July 15, 2026. A total of 56,222 shareholders were eligible to participate as on the record date of June 9, 2026. The voting results were scrutinized by M/s. Kiran Sharma & Co., Company Secretaries, who confirmed the resolution was passed with the requisite majority.

Voting Results

The special resolution secured strong support across all shareholder categories. Promoters and the Promoter Group cast 100% of their votes in favour, while public shareholders also overwhelmingly approved the appointment.

Category	Shares Held	Votes Polled	Votes In Favour	Votes Against	% In Favour
Promoters and Promoters Group	36,070,183	36,070,183	36,070,183	0	100
Public-Institutional	1,012,209	181,111	181,111	0	100
Public-Others	24,645,758	2,677,791	2,673,589	4,202	99.84
Total	61,728,150	38,929,085	38,924,883	4,202	99.99

Procedural Details

The e-voting facility was provided by National Securities Depository Limited (NSDL). The scrutinizer’s report, dated July 16, 2026, confirmed that the process was conducted in a fair and transparent manner. The results have been submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 44(3) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.15%	+4.70%	+12.35%	+62.65%	+41.36%	+547.50%

Talbros Automotive Components executed a Joint Venture Agreement with Lohum Cleantech Private Limited on July 2, 2026, to establish Lohum Talbros CarbonTech Private Limited. The joint venture will focus on the business of trading, manufacturing, producing, and refining of recovered Carbon Black (rCB) and devulcanized rubber. This strategic partnership aims to combine Lohum Cleantech's technology and expertise in producing high-quality recovered materials with Talbros Automotive Components' strong OEM relationships and market access.

Joint Venture Structure

The ownership structure and shareholding of the newly formed joint venture have been detailed in the regulatory filing. The joint venture company is incorporated as a domestic entity.

Parameter	Details
Joint Venture Name	Lohum Talbros CarbonTech Private Limited
Joint Venture Partners	Talbros Automotive Components & Lohum Cleantech Private Limited
Focus Areas	Recovered Carbon Black (rCB), allied by-products, and devulcanized rubber
Talbros Automotive Components Stake	49%
Lohum Cleantech Private Limited Stake	51%

Under this arrangement, Lohum Cleantech Private Limited holds the majority stake at 51%, while Talbros Automotive Components holds a 49% shareholding. The initial consideration paid towards the paid-up equity share capital is INR 1,00,000, comprising Rs. 51,000 by Lohum Cleantech Private Limited and Rs. 49,000 by Talbros Automotive Components.

Governance and Board Composition

The joint venture's Board shall comprise five Directors. Lohum Cleantech Private Limited shall nominate three Directors, while Talbros Automotive Components is entitled to nominate two Directors to the Board. The subscribers to the Memorandum of Association include Lohum Cleantech Private Limited with 5,100 equity shares of Rs. 10 each and Talbros Automotive Components with 4,900 equity shares of Rs. 10 each. The companies confirmed that they are independent entities and not part of the same promoter group, and the transaction does not fall within related party transactions.