Rama Phosphates Limited has issued a postal ballot notice to seek shareholder approval for the re-appointment of Mr. Ratneshwar Prasad as an Independent Director. The company announced this development through a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Re-appointment Details

The postal ballot seeks approval for the re-appointment of Mr. Ratneshwar Prasad (DIN - 10625105) as an Independent Director for a second term. The proposed re-appointment covers a period of 5 consecutive years commencing from May 30, 2026 up to May 29, 2031.

E-voting Process and Timeline

The company has engaged Central Depository Services (India) Limited (CDSL) to provide remote e-voting facility to its members. The voting process will be conducted entirely through electronic mode in compliance with MCA and SEBI circulars.

Director Profile and Experience

Mr. Ratneshwar Prasad brings extensive experience from his distinguished career in public service. He holds a B. Tech (Hons.) in Mechanical Engineering from IIT Kharagpur, a Bachelor of Laws degree from Magadh University, and an M.Sc Finance from University of Strathclyde Glasgow UK.

His professional experience includes:

• 38 years in Indian Revenue Service (IRS): Joined in 1970 after clearing Civil Services Examination in 1969
• Leadership roles: Served as Commissioner, Chief Commissioner, and Chairman of Central Board of Direct Taxes (CBDT)
• Geographic exposure: Posted in Kolkata, Patna, Mumbai, Baroda, Indore and Delhi
• Post-retirement role: Founding member of Competition Commission of India (CCI) after retiring in 2008

Board Committees and Governance

Mr. Prasad currently serves as a Member of the Audit Committee, Nomination and Remuneration Committee, and Independent Director Committee. The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee at its meeting held on January 14, 2026, proposed his re-appointment.

Regulatory Compliance

The postal ballot notice has been sent only through electronic mode to members whose email addresses are registered with the company or depositories. The company has appointed Mr. Sanjay Dholakia (Mem. No. FCS 2655), Proprietor of M/s. Sanjay Dholakia & Associates, as the Scrutinizer for conducting the e-voting process.

The resolution requires approval by special resolution, and voting rights will be proportionate to shares held by members in the paid-up equity share capital as on the cut-off date. The postal ballot notice is available on the company's website at www.ramaphosphates.com and CDSL's website at www.evotingindia.com .

Rama Phosphates has announced the renewal of its Single Super Phosphate (SSP) contract with Hindustan Urvarak & Rasayan Limited (HURL) for the financial year 2026. This strategic contract renewal marks an important milestone for the fertilizer company, reinforcing its business partnerships and revenue streams.

Contract Renewal Details

The renewed agreement with HURL focuses on Single Super Phosphate products, a key segment in the fertilizer industry. This partnership continuation demonstrates the confidence that HURL places in Rama Phosphates' manufacturing capabilities and product quality.

Business Impact and Revenue Stability

The contract renewal is expected to provide enhanced revenue stability for Rama Phosphates, offering predictable business flows for the upcoming financial year. This development strengthens the company's position in the fertilizer market and provides a solid foundation for its operational planning.

The partnership with HURL, being a significant player in the fertilizer sector, adds credibility to Rama Phosphates' business operations and demonstrates the company's ability to maintain long-term business relationships with key industry participants.

Strategic Significance

This contract renewal represents more than just a business transaction; it reflects the ongoing trust and collaboration between the two companies. For Rama Phosphates, securing this renewal provides operational certainty and supports the company's revenue forecasting for FY26.

The SSP segment remains a crucial component of India's fertilizer industry, and this contract positions Rama Phosphates to continue serving this important market segment through its established partnership with HURL.