Signpost India Limited Completes Reclassification of Promoter Shareholders to Public Category

Signpost India Limited has completed the reclassification of certain promoter and promoter group shareholders to public category shareholders, following regulatory approval and postal ballot resolution. The company informed stock exchanges BSE and NSE about the completion of this corporate restructuring on January 22, 2026.

Regulatory Approval and Implementation

The reclassification process was approved by company members through a postal ballot conducted on January 20, 2026, with the requisite majority voting in favor of the proposal. The company had previously informed the exchanges about the member approval on January 21, 2026. The actual reclassification was subsequently effected in the depository system and confirmed by KFin Technologies Limited, the company's Registrar and Share Transfer Agent, on January 22, 2026.

Post-Reclassification Shareholding Structure

Following the reclassification, the updated shareholding pattern shows a clear distribution between promoter and public categories:

Category	Number of Shares	Percentage Holding
Promoter and Promoter Group	3,22,73,698	60.38%
Public	2,11,76,302	39.62%
Total Share Capital	5,34,50,000	100%

Key Promoter Holdings

The promoter and promoter group category now comprises 25 individuals and entities, with varying shareholding percentages. The major promoter shareholders include:

Shareholder Name	Category	Shares Held	Percentage
Shripad Pralhad Ashtekar	Promoter	1,57,17,957	29.41%
Sushil Premprakash Pandey	Promoter	29,56,817	5.53%
Dipankar Chatterjee	Promoter	84,30,526	15.77%
Rajesh Narayanprasad Batra	Promoter	11,76,196	2.20%
Rajesh Arvind Awasthi	Promoter	10,84,848	2.03%

Compliance and Regulatory Framework

The reclassification has been conducted in compliance with Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fulfilled the requirement under Regulation 31A(3)(a)(vii) by informing the stock exchanges about the completion of the reclassification process. This regulatory compliance ensures transparency in shareholding patterns and maintains adherence to corporate governance standards.

Market Listings and Trading Details

Signpost India Limited shares are listed on both major Indian stock exchanges. The company trades on BSE Limited under stock code 544117 and on the National Stock Exchange of India Limited under the symbol SIGNPOST. The completion of this reclassification process provides clarity to investors regarding the updated ownership structure and shareholding distribution within the company.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.70%	+1.43%	-8.80%	-15.72%	-46.60%	-37.63%

Signpost India Limited has successfully concluded its postal ballot voting process, announcing results on January 21, 2026, that demonstrate strong shareholder confidence in the company's strategic decisions. The voting process, conducted entirely through remote e-voting via the NSDL platform, addressed two critical corporate governance matters with overwhelming approval from shareholders.

Postal Ballot Process Overview

The postal ballot notice was issued on December 17, 2025, with the company completing dispatch of notices electronically to shareholders on December 19, 2025. The e-voting period commenced on December 22, 2025, at 9:00 AM IST and concluded on January 20, 2026, at 5:00 PM IST. As of the cut-off date of December 12, 2025, the company had 17,101 total shareholders eligible to participate in the voting process.

Parameter:	Details
Postal Ballot Notice Date:	December 17, 2025
E-voting Period:	December 22, 2025 to January 20, 2026
Cut-off Date:	December 12, 2025
Total Eligible Shareholders:	17,101
Scrutinizer:	CS Hitesh J. Gupta

Resolution Results and Voting Details

Both resolutions presented to shareholders achieved remarkable approval rates, reflecting strong alignment between management proposals and shareholder interests. The voting results were scrutinized by CS Hitesh J. Gupta, who was appointed as the scrutinizer at the Board Meeting held on November 11, 2025.

Resolution 1: Independent Director Appointment

The special resolution for appointing Mr. Sanidhya Mittal (DIN: 06579890) as an Independent Director received exceptional support from shareholders across all categories.

Voting Category:	Shares Held	Votes Polled	Polling %	Votes in Favor	Votes Against	Approval %
Promoter Group:	36,206,549	31,819,187	87.88%	31,819,187	0	100.00%
Public Institutions:	57,508	11,519	20.03%	11,519	0	100.00%
Public Non-Institutions:	17,185,943	1,515,213	8.82%	1,513,890	1,323	99.91%
Total:	53,450,000	33,345,919	62.39%	33,344,596	1,323	99.9960%

Resolution 2: Promoter Reclassification

The ordinary resolution for reclassifying certain persons from 'Promoter and Promoter Group' category to 'Public' category also received strong shareholder endorsement.

Voting Category:	Shares Held	Votes Polled	Polling %	Votes in Favor	Votes Against	Approval %
Promoter Group:	36,206,549	27,886,336	77.02%	27,886,336	0	100.00%
Public Institutions:	57,508	11,519	20.03%	11,519	0	100.00%
Public Non-Institutions:	17,185,943	1,515,213	8.82%	1,513,890	1,323	99.91%
Total:	53,450,000	29,413,068	55.03%	29,411,745	1,323	99.9955%

Scrutinizer's Confirmation and Compliance

CS Hitesh J. Gupta, the appointed scrutinizer, confirmed that both resolutions were passed with the requisite majority as per the Companies Act, 2013, and SEBI Listing Regulations. The scrutinizer's report, dated January 21, 2026, validates the integrity of the e-voting process and compliance with all regulatory requirements. The voting results and consolidated scrutinizer's report have been made available on the company's website at www.signpostindia.com and on NSDL's e-voting portal at www.evoting.nsdl.com , ensuring transparency and accessibility for all stakeholders.