Emergent Industrial Solutions Limited has issued a postal ballot notice dated 24th February 2026, seeking shareholder approval for material related party transactions worth ₹1,650 crores with three international entities for the financial year 2026-27. The company's board approved the postal ballot notice on 12th February 2026.

Proposed Related Party Transactions

The company seeks approval for three separate material related party transactions, all involving the purchase of raw materials including coal, coke, steel, iron ore, ferro alloys, oil, ores and minerals including manganese ore.

E-Voting Schedule and Process

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. The voting timeline has been structured as follows:

Regulatory Compliance and Rationale

Under Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, transactions exceeding ₹1,000 crores or 10% of annual consolidated turnover (whichever is lower) require prior shareholder approval through ordinary resolution. The proposed transactions represent 94.22%, 62.81%, and 50.25% of the company's annual consolidated turnover respectively.

The company justifies these transactions by stating that the related parties, by virtue of their procurement quantities, are better positioned to negotiate favorable rates and pricing from global suppliers and miners, making the transactions commercially beneficial.

Related Party Details and Previous Transactions

All three entities are related parties through Mr. Tarun Somani, a promoter of the company, who along with his relatives holds indirect shareholding in these entities. The transactions will be conducted at arm's length basis and in the ordinary course of business.

Corporate Governance Measures

The Audit Committee, consisting of majority independent directors, has unanimously approved these transactions after reviewing all necessary information. Mr. Neeraj Sharma, Practicing Company Secretary (CP No: 23057), has been appointed as scrutinizer for the postal ballot process.

As per regulatory requirements, related parties will not be permitted to vote on these resolutions. The company has confirmed that all transactions will be based on prevailing market prices, with alternative arm's length pricing methods where market prices are unavailable.

Source: None/Company/INE668L01013/6207d764-f908-4b60-957e-9095ae6bd6fb.pdf

Emergent industrial solutions Limited has announced a scheduled board meeting to review its quarterly financial performance, marking an important milestone in the company's regulatory compliance and financial reporting cycle.

Board Meeting Details

The company has informed the Bombay Stock Exchange that its Board of Directors will convene on Thursday, February 12, 2026. The primary agenda of this meeting will be to consider and approve both standalone and consolidated unaudited financial results for the quarter ended December 31, 2025.

Regulatory Compliance

The announcement was made in strict adherence to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

The notification was formally submitted to the Bombay Stock Exchange on February 3, 2026, providing adequate advance notice to investors and market participants. The company's scrip code on the exchange is 506180.

Company Information

Emergent Industrial Solutions Limited, formerly known as Emergent Global Edu and Services Limited, operates under CIN L80902DL1983PLC209722. The company's registered office is located at 8-B, 'Sagar', 6, Tilak Marg, New Delhi – 110 001.

The compliance notification was signed by Sabina Nagpal, serving as the company's Compliance Officer, who digitally authenticated the document on February 3, 2026, at 17:33:23 +05'30'.