Antariksh Industries Limited has successfully concluded its postal ballot process on December 18, 2025, with all six proposed resolutions receiving unanimous approval from shareholders. The company announced the results on December 19, 2025, marking significant changes in its board composition and operational structure.

Postal Ballot Results Overview

The postal ballot, conducted through remote e-voting, concluded at 5:00 PM IST on December 18, 2025. All resolutions were passed with 100.00% approval from participating shareholders, demonstrating strong shareholder confidence in the proposed changes.

Key Board Appointments Approved

Shareholders approved several critical board appointments that will reshape the company's leadership structure:

Executive Appointments

• Mrs. Ekta Shyamlal Haryani (DIN: 11308356) - Appointed as Managing Director
• Mr. Nilesh Hasmukhbhai Kothari (DIN: 10587794) - Appointed as Director (Non-Executive, Non-Independent)

Independent Director Appointments

Three new independent directors were appointed to strengthen corporate governance:

Major Operational Change

The most significant resolution approved the shifting of the company's registered office from Maharashtra to Gujarat, subject to necessary regulatory approvals. This strategic move includes alteration of the Memorandum of Association and represents a major operational restructuring.

Detailed Voting Results

The scrutinizer's report confirmed that all six resolutions received complete shareholder support:

Regulatory Compliance

The postal ballot process was conducted in accordance with:

• Section 108 and 110 of the Companies Act, 2013
• Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014
• Regulations 30 and 44 of SEBI Listing Regulations

The scrutinizer's report was prepared by Rajvirendra Singh Rajpurohit, Proprietor of M/s. RS Rajpurohit & Co. (FCS: 11346), confirming the validity and compliance of the voting process.

What This Means for Shareholders

The unanimous approval of all resolutions indicates strong shareholder support for the company's strategic direction. The new board composition brings fresh expertise and governance standards, while the proposed office relocation to Gujarat may offer operational advantages and cost efficiencies.

The voting results and scrutinizer's report are available on the company's website at http://antarikshindustries.com/shareholdersinfo.html for detailed review by stakeholders.

Antariksh Industries Limited has announced a significant corporate restructuring, seeking shareholder approval for multiple board appointments and a change in its registered office location. The company has issued a postal ballot notice outlining these proposed changes, which include the appointment of five new directors and the relocation of its registered office from Maharashtra to Gujarat.

Board Restructuring

The company is proposing to appoint five new directors to its board:

1. Mrs. Ekta Shyamlal Haryani (DIN: 11308356) as Managing Director
2. Mr. Nilesh Hasmukhbhai Kothari (DIN: 10587794) as Non-Executive, Non-Independent Director
3. Mr. Hardikkumar Dhirubhai Jetani (DIN: 11308376) as Independent Director
4. Mr. Harinarayan Ramanand Tripathi (DIN: 07725777) as Independent Director
5. Mr. Jigar Nemichand Jain (DIN: 11308370) as Independent Director

These appointments, if approved, will significantly reshape the company's leadership structure. Each proposed director brings a unique set of skills and experiences to the board:

• Mrs. Haryani has over 24 years of experience in the finance industry, with roles at various asset management companies.
• Mr. Kothari has more than 30 years of experience in international trade, warehousing, accounting, and finance.
• Mr. Jetani is a practicing company secretary with 10 years of experience in corporate legal and compliance functions.
• Mr. Tripathi is a practicing advocate and company secretary with expertise in real estate, financing, and corporate laws.
• Mr. Jain is pursuing Chartered Accountancy and has 8 years of experience in accounting, auditing, and taxation.

Registered Office Relocation

In addition to the board restructuring, Antariksh Industries is proposing to shift its registered office from Maharashtra to Gujarat. This move follows a change in control and management pursuant to an open offer under takeover regulations.

Voting Process

The company has scheduled a remote e-voting period for shareholders to cast their votes on these proposals. The voting will commence on November 19, 2025, at 9:00 A.M. (IST) and conclude on December 18, 2025, at 5:00 P.M. (IST).

Implications

These proposed changes, if approved, could have significant implications for Antariksh Industries' future direction and governance structure. The diverse expertise of the proposed board members may bring new perspectives to the company's strategy and operations. Additionally, the relocation of the registered office may have operational and regulatory implications that shareholders will need to consider.

Shareholders are advised to carefully review the postal ballot notice and consider the potential impact of these changes before casting their votes. The results of the postal ballot will be announced within two working days from the conclusion of the voting period and will be available on the company's website and the stock exchange.