Frontier Springs Limited has announced its proposal for voluntary delisting of equity shares from The Calcutta Stock Exchange Limited (CSE) only, while maintaining its listing on BSE Limited. The company submitted newspaper clippings to both exchanges on March 03, 2026, as part of the regulatory disclosure requirements.

Board Approval and Regulatory Compliance

The Board of Directors of Frontier Springs Limited approved the voluntary delisting proposal at their meeting held on January 22, 2026. The decision was made pursuant to Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021 and subsequent amendments.

The company has fulfilled its disclosure obligations under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by notifying both BSE Limited and The Calcutta Stock Exchange Limited.

Rationale for Delisting Decision

The company cited specific operational and financial reasons for the delisting decision. There has been no trading in the equity shares of Frontier Springs Limited on the CSE for many years, making the listing redundant. Additionally, the company incurs extra operational costs for maintaining the CSE listing without corresponding benefits.

Key factors influencing the decision:

• Absence of trading activity on CSE for extended period
• Additional operational costs without trading benefits
• Streamlined compliance requirements
• Focus on active trading platform (BSE)

Newspaper Publication Requirements

As mandated by SEBI regulations, Frontier Springs Limited published the delisting notice in multiple newspapers to ensure wide dissemination of information. The advertisements appeared in Financial Express (English), Jansatta (Hindi), and Arthik Lipi (Bengali) on March 03, 2026.

Impact on Shareholders

The company has clarified that the delisting from CSE will not be prejudicial to or affect the interests of investors. All shareholders will continue to benefit from listing and trading facilities as the equity shares will remain listed on BSE, which operates a recognized stock exchange with nationwide trading terminals.

The delisting proposal does not include any exit opportunity for equity shareholders since the shares will continue trading on BSE Limited. The company's capital structure will remain unchanged following the delisting from CSE.

Frontier Springs Limited has issued a corrigendum to its postal ballot notice, revising the record date for its bonus issue from March 06, 2026 to March 13, 2026. The company communicated this revision to BSE Limited on February 10, 2026, ensuring shareholders are informed of the updated timeline.

Postal Ballot Timeline and Voting Details

The company's postal ballot process follows a structured timeline with specific dates for various activities:

The remote e-voting facility allows shareholders to participate in the postal ballot process electronically, with the voting period spanning approximately one month from commencement to conclusion.

Record Date Revision Details

The key change in the corrigendum relates to the bonus issue record date modification:

This revision affects the eligibility criteria for shareholders to receive bonus shares, with the new record date being March 13, 2026, instead of the previously announced March 06, 2026.

Compliance and Documentation

Frontier Springs Limited has ensured compliance with regulatory requirements in issuing this corrigendum. The company has:

• Dispatched the original postal ballot notice to all shareholders in compliance with the Companies Act, 2013
• Followed rules and circulars issued by the Ministry of Corporate Affairs
• Adhered to Securities Exchange Board of India guidelines
• Informed BSE Limited (Scrip Code: 522195) about the revision

Legal Framework and Integration

The corrigendum forms an integral part of the original postal ballot notice dated January 22, 2026. All other contents of the original notice remain unchanged, except for the specific revision to the bonus issue record date. Shareholders must read the original postal ballot notice in conjunction with this corrigendum to understand the complete terms and conditions.

The document was signed by Dhruv Bhasin, Company Secretary & Compliance Officer, on February 10, 2026, from the company's registered office in Kanpur, ensuring proper authorization and documentation of the revision.