Indo Farm Equipment Limited, a key player in the agricultural equipment sector, has reported a significant change in its shareholding structure. Mr. Shubham Khadwalia, a member of the company's promoter group, has increased his stake in the firm through an open market purchase.

Transaction Details

The transaction, which took place on November 18, 2025, involved the acquisition of 40,000 equity shares. This move has resulted in a notable increase in the aggregate shareholding of the Promoter and Promoter Group.

The increase, albeit modest, represents a show of confidence in the company's future prospects by its promoter group.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Indo Farm Equipment Limited promptly disclosed this information to the stock exchanges. The company filed the necessary intimation on November 20, 2025, two days after the transaction took place.

Market Implications

While the increase in promoter holding is relatively small, it could be viewed positively by the market. Typically, an increase in promoter shareholding is interpreted as a sign of confidence in the company's future performance and growth prospects.

Additional Corporate Actions

In a separate announcement on the same day, Indo Farm Equipment Limited also informed the exchanges about a forthcoming postal ballot and e-voting process. The company has published advertisements in Financial Express (English) and Jansatta (Hindi) newspapers, providing information to its members about the postal ballot notice and e-voting procedures.

Investors and stakeholders are advised to keep an eye on further developments and participate in the upcoming voting process as per the instructions provided by the company.

As always, market participants should conduct their own research and consider seeking professional advice before making investment decisions based on this corporate action.

Indo Farm Equipment Limited , a leading manufacturer of tractors and construction equipment, has initiated a postal ballot to seek shareholder approval for the appointment of Mr. Amit Kumar as a Director and Whole-Time Director of the company. This move comes as part of the company's efforts to strengthen its leadership team and drive future growth.

Key Details of the Proposed Appointment

• Candidate: Mr. Amit Kumar (DIN: 11371053)
• Proposed Role: Director and Whole-Time Director
• Tenure: Three years, effective from November 12, 2025
• Remuneration: Monthly salary of Rs. 2,00,000 plus perquisites

Voting Process

The company has announced that the remote e-voting process for this postal ballot will commence on November 20, 2025, and conclude on December 19, 2025. Shareholders are encouraged to participate in this decision-making process.

About Amit Kumar

Mr. Amit Kumar brings extensive experience to Indo Farm Equipment:

• Over 14 years of diverse experience in manufacturing, operations, and strategic procurement
• Strong background in organizational leadership
• Holds an MBA (2012) and a bachelor's degree in engineering (2010) from Maharshi Dayanand University, Rohtak
• Demonstrated expertise in managing plant operations, vendor development, and supply chain efficiency
• Proven track record in ensuring adherence to ISO/IATF quality systems and statutory compliance

Proposed Responsibilities

If appointed, Mr. Kumar will oversee the Tractor and Construction Equipment Division of Indo Farm Equipment Limited. His role will be crucial in managing day-to-day operations and driving strategic initiatives in these key business areas.

Company Performance

To provide context for this appointment, here's a snapshot of Indo Farm Equipment's recent financial performance:

The company has shown consistent growth in total income and profitability over the past three years, indicating a strong financial foundation for future expansion and leadership appointments.

Shareholder Considerations

The Board of Directors recommends the approval of Mr. Kumar's appointment, citing his expertise and proven track record as valuable assets for the company's future growth. Shareholders are advised to review the detailed postal ballot notice, which includes comprehensive information about Mr. Kumar's background, proposed remuneration, and the company's rationale for this appointment.

As Indo Farm Equipment Limited continues to navigate the dynamic automotive and construction equipment markets, the proposed appointment of Mr. Amit Kumar as Director and Whole-Time Director represents a strategic move to enhance the company's operational capabilities and drive long-term value for shareholders.