Jupiter wagons Limited has issued a formal response to BSE Limited regarding inquiries about the significant increase in trading volumes of its securities across exchanges. The clarification, dated March 9, 2026, was submitted in compliance with Regulation 30 of SEBI Listing Obligations and Disclosures Requirements Regulations, 2015.

Company's Official Response

The company received BSE's inquiry on March 9, 2026, seeking an explanation for the notable surge in trading volumes. In its response, Jupiter Wagons emphasized its commitment to regulatory compliance and transparent disclosure practices.

Key Clarifications Provided

Jupiter Wagons made several important clarifications in its response to the stock exchange:

• The company has consistently made timely disclosures to exchanges of all events and information as required under Regulation 30
• No undisclosed events, announcements, or material information are pending disclosure at this stage
• Any future occurrences requiring disclosure will be promptly communicated to exchanges in compliance with applicable SEBI regulations

Market-Driven Volume Increase

The company specifically addressed the trading volume surge, stating that the increase in trading volume of the securities is purely market-driven and attributable to market conditions and is not due to any information that is not already disclosed. This clarification aims to address any speculation about potential undisclosed corporate developments driving the increased investor interest.

Regulatory Compliance Commitment

The response reinforces Jupiter Wagons' commitment to maintaining transparency with regulatory authorities and investors. The company assured that it will continue to comply with all applicable SEBI regulations and maintain its practice of prompt disclosure of material information to stock exchanges.

Jupiter wagons Limited has announced the successful completion of its postal ballot process for the appointment of Mr. Mark Damian Stevenson as Non-Executive Director. The company disclosed the voting results on February 23, 2026, in compliance with Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Voting Process Details

The e-voting process was conducted over a period of nearly one month, providing shareholders ample opportunity to participate in the decision-making process. The postal ballot notice was dated December 15, 2025, with electronic dispatch completed on January 21, 2026.

Overwhelming Shareholder Support

The resolution received exceptional support from shareholders across all categories, demonstrating strong confidence in the appointment decision.

Resolution Outcome

The ordinary resolution for appointing Mr. Mark Damian Stevenson as Non-Executive Director was passed with an overwhelming majority. Out of the total votes polled, 27,34,02,713 votes were cast in favor representing 99.88% approval, while only 3,39,214 votes were cast against the resolution.

Regulatory Compliance

The postal ballot process was conducted in accordance with Section 108 and 110 of the Companies Act, 2013, and relevant rules. Ms. Shruti Singhania, Practising Company Secretary, served as the Scrutinizer for the e-voting process. The scrutinizer's report confirmed that the resolution was deemed passed on February 21, 2026, being the last date of remote e-voting.

Corporate Governance

The company maintained transparency throughout the process by:

• Dispatching postal ballot notices electronically on January 21, 2026
• Publishing advertisements as per regulatory requirements on January 22, 2026
• Providing voting facility through KFin Technologies Limited
• Making voting results available on the company website at www.jupiterwagons.com

The appointment of Mr. Mark Damian Stevenson as Non-Executive Director reflects the company's commitment to strengthening its board composition and corporate governance practices. The company secretary Ritesh Kumar Singh digitally signed all regulatory filings on February 23, 2026.