Uday Jewellery Industries Limited has issued a Postal Ballot Notice dated April 22, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, signed by Company Secretary and Compliance Officer Riya Jindal on May 11, 2026, was electronically dispatched to all members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, May 08, 2026. Subsequently, in compliance with Regulation 30 and 47 of the SEBI Listing Regulations, the company published newspaper advertisements in the Financial Express (English) and Namaste Telangana (Telugu) on May 12, 2026, intimating members of the Postal Ballot Notice dispatch and remote e-voting information. Voting is restricted exclusively to remote e-voting through Central Depository Services (India) Limited (CDSL), in compliance with applicable MCA Circulars, including the latest circular No. 03/2025 dated September 22, 2025.

Remote e-Voting Schedule

The remote e-voting facility will be available during the following period, after which the e-voting module will be disabled by CDSL. Once a vote is cast, it cannot be subsequently changed.

Special Business Items

The Postal Ballot Notice places five resolutions before the members for approval. Four resolutions are proposed as Ordinary Resolutions and one as a Special Resolution. All resolutions, if passed by the requisite majority, shall be deemed to have been passed on June 14, 2026.

Item No. 1: Appointment of Shri. Sanjay Kumar Sanghi as Chairman and Managing Director (Corporate Affairs)

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee at its meeting held on April 22, 2026, has approved the appointment of Shri. Sanjay Kumar Sanghi (DIN: 00629693) as Chairman and Managing Director (Corporate Affairs) for a period of 5 (Five) years with effect from April 22, 2026, subject to member approval. Shri. Sanghi possesses 36 years of experience in corporate affairs, management, and business operations. His proposed monthly remuneration is as follows:

Item No. 2: Change in Designation of Shri. Ritesh Kumar Sanghi

The Board has approved the change in designation of Shri. Ritesh Kumar Sanghi (DIN: 00628033) from Managing Director to Joint Managing Director (Operations) with effect from April 22, 2026, without any change in the terms and conditions of his appointment, including remuneration. The proposed change is aimed at strengthening the operational leadership structure of the Company.

Item No. 3 & 4: Regularization and Appointment of Mrs. Bhavna Sanghi as Whole-Time Director

The Board appointed Mrs. Bhavna Sanghi (DIN: 02681438) as an Additional Director with effect from April 22, 2026. The Postal Ballot seeks member approval for her regularization as Director (Item No. 3) and her appointment as Whole-Time Director (Item No. 4) for a period of 5 (Five) years from April 22, 2026 to April 21, 2031. Her proposed monthly remuneration is as follows:

Item No. 5: Regularization of Ms. Donthineni Srilekha as Non-Executive Independent Director (Special Resolution)

The Board appointed Ms. Donthineni Srilekha (DIN: 11672235) as an Additional Director in the capacity of Independent Director with effect from April 22, 2026. Member approval is sought for her appointment as a Non-Executive Independent Director for a term of 5 (five) consecutive years from April 22, 2026. Ms. Srilekha is a qualified Company Secretary and practicing Advocate with experience in corporate law, regulatory compliance, and litigation before the High Court of Telangana and the National Company Law Tribunal (NCLT). She is also a certified Independent Director from the Indian Institute of Corporate Affairs (IICA). She shall be entitled to sitting fees of ₹1,50,000 per annum.

Director Profiles at a Glance

The following table summarizes key details of the directors proposed for appointment or designation change, as disclosed in the annexure to the Postal Ballot Notice:

Voting Results and Disclosure

The Scrutinizer, CS. Ajay Suman Shrivastava, will submit his report to the Chairman of the Company after completion of scrutiny of electronically cast votes. Results will be announced on or before June 16, 2026, within 48 hours from the date of completion of e-voting. The voting results along with the Scrutinizer's Report will be published on the Company's website at www.udayjewellery.com , communicated to BSE Limited, and posted on the CDSL website at www.evotingindia.com . Members with queries may contact Bigshare Services Private Limited, the Company's Registrar and Share Transfer Agent, or reach CDSL's helpdesk at helpdesk.evoting@cdslindia.com , call 022-23058542/43, or toll-free number 1800 22 55 33022.

Uday jewellery industries Limited has completed a significant equity allotment through warrant conversion, strengthening its capital base and expanding its investor network. The Board of Directors approved the allotment of 4,50,000 equity shares in their meeting held on May 01, 2026, marking a key milestone in the company's capital raising initiative.

Warrant Conversion Details

The allotment involves the conversion of warrants originally issued under a preferential issue on November 02, 2024, with BSE in-principle approval dated October 18, 2024. The conversion was executed in accordance with regulatory requirements and previous board approvals.

Allotment Distribution

The share allotment was distributed between promoter group and non-promoter categories, ensuring compliance with preferential issue regulations. The company allotted 1,50,000 equity shares to promoter group persons and 3,00,000 equity shares to non-promoter investors.

Promoter Group Allotment

The Board approved allotment of 1,50,000 equity shares to promoter group persons:

Non-Promoter Allotment

The company allotted 3,00,000 equity shares to non-promoter investors:

Impact on Share Capital

Following the warrant conversion, the company's capital structure has been significantly enhanced. The paid-up equity share capital now stands at Rs. 34,05,29,250, consisting of 3,40,52,925 equity shares of Rs. 10.00 each. This represents a substantial increase from the previous capital base, providing the company with additional financial resources for its operations and growth initiatives.

Warrant Structure and Timeline

The convertible warrants carry an 18-month tenure from the original allotment date, with each warrant providing the right to subscribe to one equity share. The warrant holders initially paid 25% of the warrant issue price at subscription, with the remaining 75% paid upon conversion. Any unexercised warrants beyond the 18-month period will lapse, and the amounts paid will be forfeited by the company.

Regulatory Compliance

The allotment was conducted pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The new equity shares allotted rank pari-passu with the existing equity shares of the company, ensuring equal rights and privileges for all shareholders.