Vishnu Chemicals Limited has completed the dispatch of its postal ballot notice on March 23, 2026, seeking shareholder approval for the re-appointment of Mr. Ch. Siddartha as Joint Managing Director. The company announced through a regulatory filing that the notice has been dispatched exclusively through electronic mode to shareholders whose email addresses are registered with the company, depositories, or Registrar and Share Transfer Agent.

Postal Ballot Process and E-Voting Schedule

The company has engaged Central Depository Services (India) Limited (CDSL) as the agency to facilitate remote e-voting for shareholders. The detailed e-voting schedule provides a 30-day window for shareholder participation in the decision-making process.

The company has appointed Mr. L Dhananjay Reddy (CP No: 3752) as the Scrutinizer for conducting the postal ballot process. Results will be announced within 2 working days of the conclusion of the voting process.

Re-appointment Details and Remuneration Structure

The special resolution seeks approval for Mr. Ch. Siddartha's re-appointment as Joint Managing Director for a five-year term from May 02, 2026 to May 01, 2031. The proposed remuneration package includes multiple components designed to align with regulatory requirements and company performance.

The remuneration structure also includes various perquisites such as medical reimbursement, leave travel concession, club fees, company car with chauffeur, and telephone reimbursement. The aggregate remuneration will remain subject to provisions of Section 197 read with Schedule V of the Companies Act, 2013.

Leadership Background and Regulatory Compliance

Mr. Ch. Siddartha brings substantial experience and educational credentials to his role as Joint Managing Director. His academic background includes an MS in Biotechnology from Northumbria University and an MBA from Saginaw University.

The postal ballot process adheres to requirements under Sections 108 and 110 of the Companies Act, 2013, and various MCA circulars. The notice is available on the company website at www.vishnuchemicals.com , stock exchange websites, and CDSL's e-voting platform at www.evotingindia.com . The proposed resolution, if passed by requisite majority, will be deemed to have been passed on April 22, 2026, being the last day of remote e-voting.

Vishnu chemicals Limited has announced that its Board of Directors approved a postal ballot process through a circular resolution dated March 12, 2026, seeking shareholder approval for the re-appointment of its Joint Managing Director.

Board Resolution Details

The board resolution encompasses several key decisions related to the postal ballot process:

Appointment and Remuneration

The postal ballot will seek shareholder approval through a Special Resolution for Mr. Ch. Siddartha's re-appointment as Joint Managing Director. The proposed appointment includes provisions for remuneration payment during the five-year tenure. The cut-off date of Friday, March 20, 2026, has been established for dispatching postal ballot notices and determining e-voting rights eligibility.

Service Providers and Process Management

The company has appointed specialized service providers to ensure a transparent and efficient postal ballot process:

E-voting Facility

• Agency: Central Depository Services (India) Limited (CDSL)
• Purpose: Providing e-voting facility for shareholders

Scrutinizer Appointment

• Firm: M/s L.D. Reddy & Co, Practicing Company Secretaries
• Representative: Mr. L Dhanamjaya Reddy (CP No: 3752)
• Role: Conducting postal ballot process in fair and transparent manner

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Vibha Shinde signed the regulatory filing, ensuring compliance with disclosure requirements for both BSE Limited and National Stock Exchange of India Limited.

The postal ballot process represents a standard corporate governance practice for seeking shareholder approval on significant appointments, particularly for key management positions requiring special resolutions.