TTI Enterprise Limited , a company listed on both the Bombay Stock Exchange (BSE) and the Calcutta Stock Exchange (CSE), has announced significant changes in its listing status and board composition. The company's board of directors has approved several key decisions that will impact its market presence and governance structure.

Voluntary Delisting from CSE

The board has approved a proposal for voluntarily delisting the company's equity shares from the Calcutta Stock Exchange. This decision aligns with Regulations 5 and 6 of the SEBI (Delisting of Equity Shares) Regulations, 2021. The company cites two primary reasons for this move:

1. Negligible trading volume on the CSE platform
2. The need to reduce administrative compliance burdens and associated costs

TTI Enterprise will continue to maintain its listing on the BSE, which provides nationwide trading terminals. As a result, the company is not required to offer an exit opportunity to shareholders under Regulation 6(1)(a) of the Delisting Regulations.

Board Changes

The board meeting also addressed significant changes in the company's directorship:

Director Disqualification

Mr. Valath Sreenivasan Ranganathan (DIN: 02786224) has been disqualified from the office of Director. This disqualification is pursuant to Section 167 read with Section 164 of the Companies Act, 2013. As a result, Mr. Ranganathan's directorship has ceased with immediate effect.

New Executive Director

The board has initiated steps to regularize Mr. Hemant Agarwal (DIN: 11363521) as an Executive Director of the company. This appointment, along with the fixation of Mr. Agarwal's remuneration, will be subject to shareholder approval through a postal ballot.

Additional Corporate Actions

The board meeting also resulted in the following decisions:

1. Registered Office Relocation: Approval for shifting the registered office of the company within Kolkata, effective December 3, 2025.

2. Postal Ballot: Approval of a Postal Ballot Notice to seek shareholder approval for the regularization and remuneration fixation of Mr. Hemant Agarwal as Executive Director.

3. Scrutinizer Appointment: Ms. Prity Bishwakarma, Proprietor of M/s. Prity Bishwakarma & Co., Practising Company Secretary, has been appointed as the Scrutinizer for the postal ballot voting process.

These corporate actions reflect TTI Enterprise's efforts to streamline its operations, reduce compliance costs, and make necessary changes to its board structure. Shareholders and potential investors should take note of these developments as they may impact the company's governance and market presence going forward.

TTI Enterprise Limited has successfully completed its postal ballot process, with shareholders overwhelmingly approving key resolutions related to Mr. Hemant Agarwal's appointment as Executive Director. The voting results, announced on January 8, 2026, demonstrate strong shareholder confidence in the company's leadership decisions.

Postal Ballot Results Overview

The postal ballot process concluded on January 6, 2026, with shareholders voting on two critical resolutions through remote e-voting. The voting details are summarized below:

Resolution Outcomes

Both resolutions received overwhelming support from shareholders, with 99.98% of votes cast in favour:

Resolution 1: Regularisation of Executive Director

Resolution 2: Remuneration Fixation

Shareholding Pattern and Participation

The voting participation showed strong engagement from public non-institutional shareholders:

Executive Director Profile

Mr. Hemant Agarwal (DIN: 11363521) brings significant expertise to his role as Executive Director:

Regulatory Compliance

The postal ballot process was conducted in full compliance with regulatory requirements. The company engaged National Securities Depository Limited (NSDL) for the remote e-voting facility, ensuring transparency and accessibility for all shareholders. The process adhered to Section 108 and 110 of the Companies Act, 2013, and relevant SEBI regulations.