Gujarat Natural Resources Limited has announced a strategic expansion of its business scope through amendments to its Memorandum of Association. The company's Board of Directors, in their meeting held on January 30, 2026, approved the insertion of two new objects in the Main Object Clause, subject to shareholder approval through postal ballot.

New Business Objects Approved

The Board has approved the addition of two significant business verticals that will diversify the company's operations:

Commodities Trading Operations

The first new object authorizes the company to engage in comprehensive commodities trading activities. This includes trading, buying, selling, importing, exporting, investing, arbitraging, hedging, and dealing in various commodities permitted by law. The scope encompasses:

• Agricultural and non-agricultural commodities
• Metals including precious and base metals
• Bullion and minerals
• Energy products and soft commodities
• Hard commodities and allied products

The trading operations will be conducted in physical form and through various financial instruments including spot, forward, futures, options, and other derivative or commodity-linked contracts on recognized or unrecognized markets, both in India and abroad.

Real Estate Development Expansion

The second new object focuses on real estate and construction activities, positioning the company to undertake comprehensive property development projects. The authorized activities include:

• Development, redevelopment, construction, and reconstruction
• Renovation, remodeling, planning, and designing
• Executing and implementing real estate projects
• Acting as developers, builders, contractors, or project managers

The real estate operations will cover various project types including residential, commercial, industrial, institutional, infrastructure, and mixed-use developments on owned, leased, licensed, or otherwise acquired properties.

Regulatory Compliance and Approval Process

The proposed amendments comply with Regulation 30 and Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Circular dated November 11, 2024. The changes require approval from company members through a postal ballot conducted via e-voting process.

The disclosure was signed by Shalin Shah, Managing Director (DIN: 00297447), and submitted to the Department of Corporate Services at BSE Limited as per regulatory requirements.

Gujarat Natural Resources Limited has successfully completed its postal ballot process to regularize the appointment of Mr. Harsadsinh Bhurubha Rana (DIN: 06421027) as a Non-Executive Independent Director. The company announced the voting results on January 21, 2026, following the conclusion of the remote e-voting process.

Postal Ballot Resolution Details

The special resolution sought shareholder approval for the regularization of Mr. Harsadsinh Bhurubha Rana's appointment as an Independent Director. The postal ballot notice was issued on December 19, 2025, with the voting process conducted entirely through remote e-voting in compliance with regulatory requirements.

Voting Process and Timeline

The remote e-voting process was conducted through Central Depository Services Limited (CDSL) as the service provider. The voting commenced on December 23, 2025, at 9:00 AM and concluded on January 21, 2026, at 5:00 PM. Mr. Chintan K. Patel (Membership No.: 31987, COP: 11959), a practicing Company Secretary, was appointed as the Scrutinizer for the postal ballot process.

Comprehensive Voting Results

The resolution received overwhelming support from shareholders across all categories. The detailed voting breakdown demonstrates strong confidence in the director's appointment:

Scrutinizer's Confirmation

Mr. Chintan K. Patel, the appointed Scrutinizer, submitted his report confirming that the special resolution was passed with the requisite majority. A total of 60 members participated in the e-voting process, with 58 members voting in favor and only 2 members voting against the resolution. No invalid votes were recorded during the process.

Regulatory Compliance

The postal ballot was conducted in accordance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company published advertisements in "Free Press Gujarat" (English) and "Lok Mitra" (Gujarati) newspapers on December 23, 2025, informing shareholders about the postal ballot process.

The voting results and Scrutinizer's report have been made available on the company's website at www.gnrl.in and CDSL's e-voting platform at www.evotingindia.com , ensuring transparency and accessibility for all stakeholders.