Jyoti CNC Automation Limited has completed the documentation process for its postal ballot seeking shareholder approval for the appointment of Mrs. Prafulla P. Shenoy as an Independent Director. The company submitted newspaper advertisement photocopies to stock exchanges on March 13, 2026, ensuring full regulatory compliance.

Postal Ballot Documentation and Exchange Compliance

The company submitted photocopies of newspaper advertisements to BSE Limited and National Stock Exchange of India Limited on March 13, 2026, pursuant to Regulation 30 of SEBI Listing Regulations. The advertisements were published in Phulchhab (local newspaper) and Business Standard (English newspaper) on March 13, 2026, regarding the postal ballot notice dated March 10, 2026.

Director Appointment Details

The Board of Directors appointed Mrs. Prafulla P. Shenoy (DIN: 06705629) as Additional Director with effect from January 19, 2026, following the recommendation of the Nomination and Remuneration Committee. Her appointment came after Mr. Parameswaran Pillai Naga Prasad relinquished his office on October 26, 2025.

E-Voting Schedule and Process

The company has engaged National Securities Depositories Limited (NSDL) to facilitate the remote e-voting process. The detailed e-voting schedule provides shareholders with a comprehensive timeframe for participation.

Professional Background and Qualifications

Mrs. Prafulla P. Shenoy brings extensive experience in development banking operations spanning 36 years with IDBI and SIDBI. Her professional career covered resource raising, treasury operations, corporate accounts, and institutional finance. She held senior positions including heading the Treasury function and serving as second-in-charge of the Institutional Finance Vertical before retiring as General Manager.

Regulatory Compliance and Scrutinizer Appointment

The appointment aligns with Section 149 of the Companies Act, 2013, and Regulation 17 of SEBI Listing Regulations. The company has appointed Mr. Nandish S. Dave (ACS: 37176, CP: 13946) of M/s. N. S. Dave & Associates as the Scrutinizer for the postal ballot process. Mrs. Shenoy has provided declarations confirming her independence criteria and is registered with the Independent Directors' Databank maintained by IICA.

The Board considers her appointment desirable given the company's position in the machine tool industry within the capital goods sector, which presents significant growth opportunities supported by government policies favoring the manufacturing sector.

Source: None/Company/INE980O01024/2d166e77-6577-4f23-b449-491c1a76f6e0.pdf

Jyoti CNC Automation Limited has disclosed a significant share encumbrance by promoter Anilkumar Bhikhabhai Virani under SEBI Takeover Regulations. The company, listed on BSE Limited and National Stock Exchange of India Limited, reported the pledge creation on 02.03.2026.

Share Pledge Details

Anilkumar Bhikhabhai Virani has pledged 70,00,000 shares to HDFC Bank Limited as security for a business loan. The pledge was created on 25.02.2026, representing 3.08% of the company's total share capital.

Promoter Holdings and Encumbrance Status

The pledge increases Virani's total encumbered shareholding significantly. His overall holding in the company remains substantial at 14.45% of total share capital.

Other Promoter Holdings

The disclosure also provides details of other promoters and their shareholdings in Jyoti CNC Automation Limited:

• Parakramsinh Ghanshyamsinh Jadeja: 6,11,88,760 shares (26.91%)
• Jyoti International LLP: 3,67,48,995 shares (16.16%)
• Sahdevsinh Lalubha Jadeja: 66,85,400 shares (2.94%)
• Vikramsinh Raghuvirsinh Rana: 45,47,500 shares (2.00%)
• Vijaysinh Pravinsinh Zala: 2,19,500 shares (0.10%)

None of these other promoters have any encumbered shares as per the current disclosure.

Regulatory Compliance

The disclosure was made in compliance with Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The regulation mandates promoters to disclose any creation, release, or invocation of encumbrance on their shareholdings to stock exchanges and the target company.