Krypton Industries Limited has announced a comprehensive 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 23, 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.

Financial Performance and Business Context

The company operates in the manufacturing sector, specializing in wheelchairs, wheelchair parts and other medical equipment and assistive devices since commercial production commenced on April 6, 1990.

Board Composition Changes

The regularisation of both independent directors represents significant additions to the company's board structure. Mr. Mukul Banerjee possesses extensive experience in corporate governance and strategic management, while Ms. Vaishnavi Gupta is a B.Com graduate with specialization in accountancy, bringing finance and accounting expertise to board deliberations.

The remuneration proposal for Mr. Digvijay Singh Bardia, son of the Managing Director, seeks approval for doubling his annual compensation from ₹6,00,000 to ₹12,00,000. The increase reflects his expanded responsibilities in strategic planning, production oversight and overall company management.

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 and will make the notice available on its website at www.kryptongroup.com , BSE Limited website, and CDSL's e-voting platform.

Shareholders whose email addresses are registered with the company or depositories will receive the postal ballot notice electronically. The results will be announced following prescribed regulatory procedures and communicated to stock exchanges, ensuring transparent disclosure to all stakeholders.

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.