Simmonds Marshall Limited has successfully concluded its postal ballot process, with shareholders approving the appointment of Ms. Sophie Yunus Moochhala as an Independent Director of the company. The resolution was passed with overwhelming shareholder support through a remote e-voting process that concluded on February 11, 2026.

Postal Ballot Results

The voting results demonstrate strong shareholder confidence in the proposed appointment. Out of 24 members who participated in the e-voting process, the resolution received substantial support from the shareholder community.

E-Voting Process Timeline

The postal ballot process was conducted in accordance with regulatory requirements under the Companies Act, 2013, and SEBI regulations. The company dispatched the postal ballot notice by email on January 09, 2026, to members who had registered their email addresses with the company or depositories.

Scrutinizer Appointment and Report

GMJ & Associates, Company Secretaries, represented by CS Mahesh Soni (Partner), served as the scrutinizer for the postal ballot process. The scrutinizer was appointed on November 13, 2025, and conducted the entire process in compliance with applicable regulations.

The scrutinizer's report, dated February 13, 2026, confirmed that the special resolution for appointing Ms. Sophie Yunus Moochhala (DIN: 00105995) as an Independent Director was passed with the requisite majority. The votes were unblocked in the presence of two independent witnesses, Ms. Sumriddhi Kabra and Mr. Adnan Halai, who are not employees of the company.

Regulatory Compliance

The postal ballot process was conducted through Central Depository Services (India) Limited (CDSL) e-voting platform, ensuring secure and transparent voting. The process adhered to provisions under Sections 108 and 110 of the Companies Act, 2013, along with the Companies (Management and Administration) Rules, 2014, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company has made all relevant documents available on its website at www.simmondsmarshall.com and has informed BSE Limited about the successful completion of the postal ballot process.

Simmonds Marshall Limited , a prominent player in the manufacturing sector, has announced significant corporate developments that are set to shape its future trajectory.

Board Approval of Q2 Financial Results

The Board of Directors of Simmonds Marshall Limited has approved the unaudited financial results for the quarter and half-year ended September 30, 2025. This approval comes as part of the company's commitment to transparency and regulatory compliance under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment of New Independent Director

In a move to strengthen its corporate governance, the company has appointed Ms. Sophie Moochhala as an Additional Independent Director. Her tenure is set for a period of five years, effective from November 13, 2025, subject to shareholder approval.

Key Corporate Actions

1. Postal Ballot Notice: The company has approved a postal ballot notice to seek shareholder approval for the appointment of Ms. Moochhala as an Independent Director.

2. Sub-lease Agreement: The Board has considered a sub-lease agreement with MIDC (Maharashtra Industrial Development Corporation) for execution with J.N. Marshall Company. This strategic move could potentially impact the company's operational capabilities and financial standing.

Financial Performance Highlights

The LODR data reveals insights into the company's consolidated financial performance:

Note: All figures are in Rs. lakhs

These figures include the performance of the company's subsidiary, Stud India (partnership firm).

Audit Review

Lodha & Co. LLP, the company's chartered accountants, have conducted a limited review of the financial statements. They have not found any material misstatements in the unaudited standalone and consolidated financial results prepared in accordance with applicable Indian Accounting Standards (IND AS) and other recognized accounting practices and policies.

These developments indicate Simmonds Marshall Limited's commitment to corporate governance, financial transparency, and strategic growth. The appointment of a new independent director and the consideration of a sub-lease agreement suggest that the company is positioning itself for future opportunities while maintaining regulatory compliance.