eClerx Services Limited has announced the re-appointment of M/s. Mahajan & Aibara Chartered Accountants LLP as its Internal Auditors for the financial year 2026-27. The decision was approved by the company's Board of Directors during their meeting held on March 12, 2026, following a recommendation from the Audit Committee.

Board Meeting Details

The Board of Directors convened on Thursday, March 12, 2026, with the meeting commencing at 1:00 p.m. and concluding at 3:45 p.m. The primary agenda item was the re-appointment of the Internal Auditor, which was approved based on the Audit Committee's recommendation.

Internal Auditor Profile

Mahajan & Aibara Chartered Accountants LLP brings significant expertise to the role, with over 40 years of specialized experience in providing internal audit services. The firm has established a strong presence across India and the Middle East, serving multiple Indian corporates, multinational companies, and large business houses.

Firm Capabilities

The chartered accountancy firm demonstrates substantial operational capacity:

• Leadership Structure: Led by 10 partners
• Staff Strength: Over 300 multidisciplinary professionals across the country
• Industry Experience: Significant expertise in both service industry and manufacturing sector
• Client Base: Wide spectrum of clients across various business segments

The company noted that the firm's capability and prior experience with the group will enable smooth integration into their system while adding tangible value to the organization.

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements outlined in SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The communication was signed by Pratik Bhanushali, VP-Legal & Company Secretary of eClerx Services Limited, and submitted to both BSE Limited and National Stock Exchange of India Limited for regulatory compliance and investor information.

eClerx Services Limited has successfully concluded its postal ballot process and subsequently announced the record date for bonus share allotment. The company declared postal ballot results on March 6, 2026, with all three proposed resolutions receiving overwhelming shareholder support, followed by fixing March 13, 2026, as the record date for bonus share issuance.

Postal Ballot Results Overview

The company conducted the postal ballot with January 30, 2026, as the record date, covering a total of 69,796 shareholders. All three agenda items were successfully passed with requisite majority support from shareholders across different categories, with 482 shareholders participating in the e-voting process for each resolution.

Key Resolution Approvals

The bonus share issuance resolution received approval from 98.67% of the votes cast, with promoters showing complete support for the capital restructuring initiative. The special resolution for re-appointment of Mr. Srinjay Sengupta as Non-Executive Independent Director achieved 99.09% approval, while the Employee Stock Scheme amendment garnered 99.25% support.

Bonus Share Allotment Timeline

Following the successful postal ballot approval, eClerx Services has fixed Friday, March 13, 2026, as the record date for determining shareholder eligibility for bonus share issuance. The bonus shares will be issued in the proportion of 1:1, meaning one new fully paid-up equity share of ₹10 each for every existing equity share held. Trading of the bonus shares will commence from March 17, 2026.

Regulatory Compliance and Next Steps

The company has communicated the record date intimation to BSE Limited and National Stock Exchange of India Limited pursuant to Regulation 42 of SEBI Listing Regulations. In accordance with SEBI circular CIR/CFD/PoD/2024/122 dated September 16, 2024, the deemed date of allotment will be March 16, 2026, with bonus shares available for trading from the next working day.

CS Savita Jyoti confirmed that all resolutions met the required majority thresholds, with special resolutions receiving more than three times the votes in favour compared to votes against. The postal ballot process was conducted through KFin Technologies Limited's e-voting platform, ensuring compliance with all regulatory requirements under the Companies Act, 2013, and SEBI Listing Regulations.