Indian toners & developers Ltd held a board meeting on February 2, 2026, addressing key corporate developments including quarterly results approval and senior management changes. The meeting, which commenced at 11:30 a.m. and concluded at 2:15 p.m. in New Delhi, covered several important agenda items under regulatory compliance requirements.

Quarterly Results Approval

The board approved unaudited financial results for the quarter and nine months ended December 31, 2025, in compliance with Regulation 33 of the SEBI (LODR) Regulations, 2015. The company also took on record the Limited Review Report for the same period.

Senior Management Changes

The board approved the resignation of Surya Pratap Singh from his position as Chief Financial Officer, effective February 7, 2026. This represents a significant change in the company's senior management structure.

Trading Window Guidelines

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Prevention of Insider Trading, the trading window for company shares will reopen on February 16, 2025. This applies to directors, key managerial personnel, designated employees, and connected persons of the company.

Regulatory Compliance

The company demonstrated adherence to multiple regulatory frameworks during this board meeting. The approval of quarterly results follows mandatory disclosure requirements, while the trading window announcement ensures compliance with insider trading prevention measures. The meeting outcomes will be communicated to all stakeholders as per regulatory requirements.

Indian Toners & Developers Limited has successfully secured shareholder approval for alteration of its Memorandum of Association through postal ballot, with results declared on January 19, 2026. The special resolution to insert new main object clauses received overwhelming support from shareholders, reflecting strong confidence in the company's strategic direction.

Voting Results Overview

The postal ballot process demonstrated exceptional shareholder participation and support. The voting results show comprehensive backing for the proposed changes:

Detailed Voting Breakdown

The resolution received strong support across all shareholder categories. The promoter and promoter group showed complete unanimity, while public shareholders also demonstrated significant backing:

E-Voting Process Details

The company conducted the postal ballot exclusively through electronic voting means, ensuring transparency and efficiency. The e-voting period remained open from December 19, 2025 to January 17, 2026, providing adequate time for shareholder participation.

Key process highlights include:

• Participation: 47 members voted through electronic means
• Total votes cast: 7,201,396 votes
• Invalid votes: Zero across all categories
• Scrutinizer: Varanasi Hari of V. Hari & Co., Company Secretaries

Resolution Details

The special resolution focused on "Approval for Alteration of the Memorandum of Association to Insert New Main Object Clauses." This amendment requires special resolution approval under company law provisions, necessitating support from at least 75% of votes cast.

Regulatory Compliance

The postal ballot process was conducted in full compliance with Section 110 of the Companies Act, 2013 and Rule 22 read with Rule 20 of the Companies (Management and Administration) Rules, 2014. The company also adhered to Regulation 44 of SEBI (LODR) Regulations, 2015 for listed companies.

The scrutinizer's report confirmed that all procedural requirements were met, including proper notice dispatch on December 17, 2025, website uploads, and transparent vote counting process. The resolution has been declared passed with the requisite majority, enabling the company to proceed with the proposed amendments to its Memorandum of Association.