Uniparts India Limited has successfully concluded its postal ballot process, with shareholders overwhelmingly approving the revision in managerial remuneration for Ms. Tanushree Bagrodia, Whole Time Director. The company announced the voting results on January 27, 2026, demonstrating strong shareholder support for the proposed changes.

Voting Results Overview

The postal ballot process yielded decisive results, with shareholders showing strong confidence in the management's proposal. The voting statistics reflect broad-based support across different shareholder categories.

Category-wise Voting Breakdown

The voting pattern across different shareholder categories demonstrated varying levels of participation but consistent support for the resolution.

Promoter and Promoter Group

• Shares Held: 29,739,540
• Votes Polled: 29,695,090 (99.85% participation)
• Support: 100.00% in favour
• Opposition: 0.00%

Public Institutions

• Shares Held: 3,319,437
• Votes Polled: 1,365,827 (41.15% participation)
• Support: 1,143,122 votes (83.69%)
• Opposition: 222,705 votes (16.31%)

Public Non-Institutions

• Shares Held: 12,075,826
• Votes Polled: 457,119 (3.79% participation)
• Support: 456,518 votes (99.87%)
• Opposition: 601 votes (0.13%)

Resolution Details

The special resolution focused on approving the revision in managerial remuneration for Ms. Tanushree Bagrodia (DIN: 06965596), who serves as Whole Time Director of the company. The resolution required special majority approval, which was achieved with the overwhelming support received.

Postal Ballot Process

The postal ballot was conducted in accordance with regulatory requirements and corporate governance best practices. Key process details included:

Regulatory Compliance

The postal ballot process was conducted in full compliance with Section 110 of the Companies Act, 2013, and relevant SEBI regulations. The company followed MCA circulars and ensured transparent voting procedures through electronic means. Scrutinizer Neelesh Kumar Jain confirmed that all regulatory requirements were met and the resolution was passed with requisite majority.

The successful completion of this postal ballot demonstrates effective corporate governance and strong shareholder confidence in the company's management decisions. The high approval rate reflects shareholders' trust in the proposed remuneration revision for the Whole Time Director.

Uniparts India Limited has announced a postal ballot notice for seeking shareholder approval on revision in managerial remuneration of Ms. Tanushree Bagrodia, Whole Time Director of the company. The notice, dated December 05, 2025, has been issued in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

E-Voting Schedule and Process

The company has engaged MUFG Intime India Private Limited as the Registrar and Share Transfer Agent to provide remote e-voting facility to shareholders. The e-voting process will be conducted exclusively through electronic mode, with no physical postal ballot forms being used.

Proposed Remuneration Revision

The special resolution seeks approval for revision in remuneration of Ms. Tanushree Bagrodia, who was appointed as Whole Time Director with effect from November 25, 2024. The proposed revision will be effective from January 01, 2026, for the remaining period of her tenure ending on November 24, 2027.

The revised remuneration represents an increase from the previously approved CTC of ₹2,96,72,000. Additionally, Ms. Bagrodia will be entitled to up to 10% annual increase in remuneration, subject to recommendation of the Nomination and Remuneration Committee and Board approval.

Key Terms and Conditions

The remuneration package includes several additional benefits and entitlements:

• Company's contribution to statutory funds, personal and medical insurance, and leave encashment as per company rules
• Stock options under Employee Stock Option Scheme based on annual performance
• Reimbursement of business travel expenses and provision of company car
• Insurance coverage for business travel as per company policy
• No sitting fees for attending Board/Committee/General meetings

Company's Financial Performance

The explanatory statement provides the company's financial performance over the preceding three years to justify the remuneration revision:

Standalone Results:

Consolidated Results:

Director Profile and Justification

Ms. Tanushree Bagrodia holds a Bachelor's degree in Computer Engineering and an MBA from INSEAD. She has over two decades of experience across financial services, automotive, and startup sectors. The company has elevated her to the position of Group Chief Executive Officer with effect from December 05, 2025, recognizing her strategic vision and executional capabilities.

The Board and Nomination and Remuneration Committee have evaluated the proposed remuneration considering industry benchmarks, company size, and her profile and responsibilities. The company expects that her leadership will guide Uniparts into its next phase of growth.

Voting Instructions

Shareholders whose email addresses are registered with the company, registrar, or depositories as on the cut-off date will receive the postal ballot notice electronically. Only members appearing in the Register of Members as on December 19, 2025, will be eligible to vote. The resolution requires approval by special resolution, and if passed, will be deemed effective from January 26, 2026.