Emmbi Industries Limited has issued a comprehensive postal ballot notice dated February 14, 2026, seeking shareholder approval for a related party transaction involving the continued employment of Mr. Yash Ravi Punjabi as Vice President – Operations. The notice has been dispatched to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Key Transaction Details

The postal ballot seeks approval for Mr. Yash Ravi Punjabi's continued employment at a monthly remuneration of ₹5,98,000 (Rupees Five Lakh Ninety-Eight Thousand only). This transaction has become necessary following Mr. Punjabi's marriage to Ms. Maithili Appalwar on January 19, 2026, which resulted in his classification as a related party under the Companies Act, 2013.

E-voting Schedule and Process

The company has established a comprehensive e-voting schedule for shareholder participation through National Securities Depository Limited (NSDL). The cut-off date for determining eligible shareholders has been set as February 13, 2026.

Related Party Transaction Background

Mr. Yash Ravi Punjabi has been serving as Vice President – Operations since 2024, responsible for Information Technology, European operations, and key customer engagements. His marriage to Ms. Maithili Appalwar, daughter of Mr. Makrand Appalwar (Chairman and Managing Director) and Mrs. Rinku Appalwar (Executive Director & Chief Financial Officer), was legally registered on January 19, 2026.

Prior to this date, Mr. Punjabi's employment transactions were not considered related party transactions. However, following the marriage, his continued employment constitutes an office or place of profit requiring shareholder approval under Section 188 of the Companies Act, 2013.

Committee Approvals and Recommendations

The transaction has received comprehensive review and approval from multiple committees:

• Nomination and Remuneration Committee: Recommended continuation based on qualifications, experience, and performance
• Audit Committee: Reviewed and approved the transaction on February 14, 2026
• Board of Directors: Recommended the resolution for shareholder approval

The committees determined that the continuation of employment is in the ordinary course of business, on an arm's length basis, and in the company's best interest.

Scrutinizer and Compliance

Mr. Sanjay R. Dholakia (Membership No. FCS 2655, COP No. 1798), Company Secretary in Practice and Proprietor at M/s. Sanjay Dholakia & Associates, has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

The postal ballot notice is available on the company's website at www.emmbi.com , stock exchange websites ( www.bseindia.com and www.nseindia.com ), and NSDL's e-voting portal at www.evoting.nsdl.com . Shareholders are advised to register their email addresses with the company or depositories to participate in the e-voting process.

Emmbi Industries Limited has published its unaudited financial results for the third quarter and nine months ended December 31, 2025, in Financial Express newspaper on February 16, 2026, in compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The polymer-based products manufacturer reported steady performance across both standalone and consolidated operations while managing exceptional provisions related to new labour code requirements.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations by publishing the unaudited standalone and consolidated financial results in Financial Express (English and Gujarati editions) on February 16, 2026. Company Secretary & Compliance Officer Mahipal Singh Chouhan confirmed the newspaper publication, with clippings submitted to BSE Limited and National Stock Exchange of India Limited for records.

Consolidated Financial Performance

The consolidated financial results for Q3FY26 demonstrated the company's operational strength:

Nine-Month Consolidated Results

For the nine-month period, the consolidated performance showed resilient growth:

Standalone Financial Highlights

The standalone results for Q3FY26 reflected focused operational management:

Labour Code Compliance Impact

A significant development during the quarter was the recognition of exceptional items worth ₹11.71 million. This provision relates to compliance with four recently promulgated Labour Codes that became effective November 21, 2025: The Code on Wages 2019, The Code on Social Security 2020, The Industrial Relations Code 2020, and The Occupational Safety, Health and Working Conditions Code 2020. The company made this one-time provision towards revision of gratuity and leave compensation liabilities to ensure full compliance with the new regulatory framework.

Corporate Structure and Operations

The consolidated financial results include the performance of subsidiary company Zastian PTE Limited, Singapore and step-down subsidiary company Zastian Europe GmbH (ZEG), Germany. The unaudited financial results were reviewed and recommended by the audit committee and approved by the board of directors in their meeting held on February 14, 2026, with Managing Director Makrand Appalar signing the compliance documents.