Competent Automobiles Co. Limited has issued a comprehensive postal ballot notice to seek shareholder approval for key board appointments, marking a significant governance milestone for the automotive dealership company.

Proposed Director Appointments

The company seeks approval for two interconnected resolutions regarding Mr. Kamal Kant Kumar (DIN: 11366068). The first resolution proposes his appointment as a Director of the company, while the second seeks his designation as Whole Time Director with the title of Executive Director for a five-year term effective November 14, 2025.

E-Voting Schedule and Process

The company has established a comprehensive timeline for the postal ballot process, utilizing electronic voting mechanisms exclusively. Skyline Financial Service Pvt. Ltd. and National Securities Depository Limited will facilitate the e-voting process for all eligible members.

Shareholders whose names appear in the Register of Members as of the cut-off date and have registered email addresses will receive the postal ballot notice electronically. The company emphasizes that physical copies will not be distributed, aligning with digital governance practices.

Candidate Profile and Experience

Mr. Kamal Kant Kumar brings extensive automotive industry expertise to the board position. At 60 years of age, he holds a graduate degree and a Diploma in Marketing and Sales, complementing his four decades of experience with Maruti Suzuki dealership operations.

Professional Background:

• Over 40 years of experience with Maruti Suzuki dealership
• Graduated in 1985 with specialized marketing and sales credentials
• Extensive operational experience across Delhi, Uttar Pradesh, Haryana, Himachal Pradesh, and Jammu & Kashmir
• Current oversight of Sales, Services, and True Value divisions
• Strategic involvement in geographical expansion initiatives

Compensation Structure and Benefits

The proposed compensation package reflects the company's commitment to attracting experienced leadership while maintaining competitive remuneration standards.

Key Compensation Elements:

• Monthly salary of ₹10.00 lakh (₹1.20 crore annually)
• Free use of company car with driver for official purposes
• Mobile facility for business communications
• Minimum remuneration guarantee during loss or inadequate profit periods

Governance and Compliance Framework

The appointments comply with multiple regulatory requirements, including provisions under the Companies Act, 2013, and SEBI Listing Regulations. The Board of Directors, based on recommendations from the Nomination and Remuneration Committee, has endorsed both appointments.

Shri Pramod Prasad Agarwal, Practicing Company Secretary, has been appointed as Scrutiniser to ensure transparent and fair conduct of the postal ballot process. The scrutiniser will submit the final report to the Chairman & Managing Director following the completion of vote counting.

Shareholder Participation Details

Voting rights will be calculated proportionate to the paid-up value of equity shares held as of the cut-off date. The company has made the postal ballot notice available on its website at www.competent-maruti.com , along with the websites of BSE Limited, Skyline Financial Services Private Limited, and National Securities Depository Limited.

Members holding shares in both physical and dematerialized form as of January 9, 2026, will be eligible to participate in the e-voting process. The resolutions, if approved with requisite majority, will be deemed passed on the last date of remote e-voting.

Competent Automobiles Co. Ltd. , an authorized Maruti Suzuki dealer, announced the sad demise of its Whole Time Director, Kanwal Krishan Mehta, on September 20, 2025. The company disclosed this information in a regulatory filing to the BSE Limited.

A Long-Standing Association

Mr. Mehta had been an integral part of Competent Automobiles for over 26 years, having joined the company on March 15, 1999. His long-standing association with the firm underscores the significant role he played in the company's growth and operations over more than two and a half decades.

Company's Response

The Board of Directors and employees of Competent Automobiles have expressed their condolences to Mr. Mehta's bereaved family. In their official statement, they prayed for strength for the family to bear this irreparable loss.

Regulatory Compliance

In compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Competent Automobiles provided details of Mr. Mehta's passing to the BSE. The company's Company Secretary, Dinesh Kumar, digitally signed the intimation, which included an annexure with specific details as required by SEBI regulations.

About Competent Automobiles Co. Ltd.

Competent Automobiles Co. Ltd. is a prominent authorized dealer for Maruti Suzuki, with its registered office located at Competent House, F-14, Connaught Place, New Delhi. The company plays a significant role in the automobile retail sector.

The passing of Kanwal Krishan Mehta marks the end of an era for Competent Automobiles, reflecting on the impact long-serving executives can have on a company's journey and culture.