Jupiter Wagons Limited has issued a postal ballot notice to seek shareholder approval for the appointment of Mr. Mark Damian Stevenson as Non-Executive Director of the company. The notice, dated December 15, 2025, was communicated to BSE Limited and National Stock Exchange of India Limited on January 21, 2026.

E-Voting Process and Timeline

The company has appointed Ms. Shruti Singhania (FCS No. 11752), Practising Company Secretary from Kolkata, as Scrutinizer to oversee the postal ballot process. The remote e-voting facility will be available through KFin Technologies Limited, the company's Registrar and Transfer Agent.

Director Appointment Details

Mr. Mark Damian Stevenson (DIN: 11089244) was appointed as Additional Director in the category of Non-Executive Non-Independent Director with effect from December 15, 2025. His appointment as a regular director requires shareholder approval through ordinary resolution as per the Companies Act, 2013 and SEBI Listing Regulations.

Professional Background

Mr. Stevenson brings extensive experience in the rail industry to Jupiter Wagons. He is a graduate of MA (Oxon), Modern Languages from University of Oxford and a Chartered Accountant (ICAEW), qualified with Price Waterhouse Coopers in 1989.

His professional journey includes:

• Career Start: Price Waterhouse Coopers before transitioning to rail logistics
• AAE Experience: Two decades at AAE Ahaus Alstätter Eisenbahn Holding AG, serving as CFO and later CEO
• VTG AG Roles: Since 2015, held successive C-suite positions including CIO, CFO, and Acting CEO
• Industry Impact: Contributed to significant role in development of Common Debt Platform with issue volume over USD 3.00 billion

Shareholder Information

The postal ballot notice has been sent electronically to shareholders whose names appear in the Register of Members/List of Beneficial Owners as of January 16, 2026. Shareholders holding shares in physical mode who have not registered their email addresses are required to update their details with KFin Technologies Limited.

Remuneration and Terms

Mr. Stevenson will be entitled to remuneration by way of fees for attending Board or Committee meetings, along with reimbursement of expenses within limits stipulated under Section 197 of the Companies Act, 2013. He holds no equity shares in the company and is not related to any existing directors or key managerial personnel.

The resolution, if approved by shareholders through the postal ballot process, will be deemed passed on February 21, 2026. The results will be communicated to stock exchanges and displayed on the company's website at www.jupiterwagons.com .