Krypton Industries Limited has announced a postal ballot notice to seek shareholder approval for key board appointments and remuneration matters through remote e-voting, as disclosed in its regulatory filing dated February 19, 2026.

Key Proposals for Shareholder Approval

The company has outlined three special business items requiring member consent through the postal ballot process:

E-Voting Timeline and Process

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process for shareholders. The voting mechanism follows statutory requirements under Section 110 of the Companies Act, 2013.

Regulatory Compliance and Communication

The postal ballot notice has been issued in compliance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published newspaper advertisements in Business Standard (English) and Duranta Barta (Bengali) to inform stakeholders about the postal ballot proceedings.

Shareholders whose email addresses are registered with the company or depositories will receive the postal ballot notice electronically. Members holding shares in dematerialised form who have not registered their email addresses are advised to update their contact details with respective Depository Participants.

Board Composition Changes

The regularisation of both independent directors represents significant additions to the company's board structure. Mr. Mukul Banerjee was initially appointed as an Additional Director on December 31, 2025, while Ms. Vaishnavi Gupta joined as an Additional Director on February 18, 2026. Both appointments require shareholder approval for conversion to regular Independent Director positions.

The remuneration proposal for Mr. Digvijay Singh Bardia seeks approval for payments exceeding statutory limits prescribed under the Companies Act, 2013, read with Schedule V provisions. This indicates the company's intention to provide competitive compensation packages for key management personnel.

Result Declaration Process

The results of the postal ballot will be announced following prescribed regulatory procedures and communicated to stock exchanges. The outcomes will also be published on the company's website and CDSL's platform, ensuring transparent disclosure to all stakeholders. Company Secretary and Compliance Officer Priya Agarwal has signed the regulatory filing on behalf of Krypton Industries Limited.

Krypton Industries Limited has clarified to the Bombay Stock Exchange (BSE) that the Escrow Payment Mechanism requirements under SEBI regulations are not applicable to the company. The clarification was submitted on February 12, 2026, in response to BSE's inquiry regarding escrow payment mechanism details.

Company's Position on Escrow Requirements

The company explicitly stated that the requirement for submission of Escrow Payment Mechanism details does not apply to Krypton Industries Limited. The key details of the clarification include:

Rationale for Non-Applicability

Krypton Industries Limited provided a clear rationale for the non-applicability of escrow payment mechanism requirements. The company confirmed that it has not issued any instruments or arrangements that would necessitate compliance with the escrow payment mechanism provisions under relevant SEBI regulations.

Regulatory Compliance Status

The company emphasized that no disclosure or submission is required regarding the Escrow Payment Mechanism. This clarification ensures transparency with the stock exchange and confirms the company's compliance status with respect to SEBI's escrow payment requirements.

Official Communication Details

The clarification was digitally signed by Priya Agarwal, Company Secretary and Compliance Officer, on February 12, 2026, at 12:09:49 +05'30'. The communication was addressed to BSE's Phiroze Jeejeebhoy Towers office in Mumbai and serves as an official record of the company's position on escrow payment mechanism applicability.