KRBL Limited has successfully concluded its postal ballot process on January 12, 2026, with shareholders decisively approving the appointment of Mr. Sudhir Garg as an Independent Non-Executive Director. The special resolution received overwhelming support from the company's stakeholder base, demonstrating strong confidence in the proposed board appointment.

Voting Results and Participation

The postal ballot witnessed significant participation from shareholders across all categories. The voting statistics demonstrate the broad-based support for the resolution:

Resolution Outcome

The special resolution for appointing Mr. Sudhir Garg (DIN: 01585908) as Independent Non-Executive Director achieved remarkable success with 99.98% of votes cast in favour. Out of the total 15,51,30,686 votes polled, 15,50,99,876 votes supported the appointment while only 30,810 votes were cast against the proposal.

E-Voting Process Details

The company conducted the postal ballot exclusively through electronic voting, engaging Central Depository Services (India) Limited (CDSL) as the service provider. The e-voting process details were:

Regulatory Compliance

The postal ballot process was conducted in strict compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Sections 108 and 110 of the Companies Act, 2013. The company followed the guidelines issued by the Ministry of Corporate Affairs, including the latest Circular no. 03/2025 dated September 22, 2025.

DMK Associates Company Secretaries served as the scrutinizer for the e-voting process, ensuring transparency and fairness in the voting procedure. The scrutinizer's report confirmed that the resolution was passed as a special resolution, with votes in favour being significantly more than three times the votes cast against.

Board Strengthening Initiative

The appointment of Mr. Sudhir Garg as Independent Non-Executive Director represents KRBL Limited's commitment to strengthening its board governance structure. The overwhelming shareholder support across all categories—promoters, institutional investors, and retail shareholders—reflects confidence in the proposed appointment and the company's governance practices.

KRBL Limited has been recognized for its outstanding social impact initiatives, receiving the prestigious Best Mid-Day Meal Initiative of the Year-2025 award. The honor was presented at the Indian Social Impact Awards 2025 ceremony, highlighting the company's commitment to social welfare and community development.

Award Recognition Details

The award ceremony was organized under the Indian Social Impact Awards 2025 initiative by Indian CSR Awards, managed by Brand Honchos. This recognition specifically acknowledges KRBL Limited's exceptional work in implementing and managing mid-day meal programs that contribute to social welfare and community support.

Indian Social Impact Awards 2025 Framework

The Indian Social Impact Awards 2025 represents a comprehensive initiative designed to acknowledge and celebrate meaningful contributions to society. The awards program focuses on recognizing entities and individuals who demonstrate excellence in various areas of social responsibility and community development.

The awards aim to acknowledge, appreciate, and felicitate social leaders, organizations, and individuals who are actively involved in several key areas:

• Corporate Social Responsibility (CSR) initiatives
• Humanitarian efforts and community support
• Social service programs
• Nation-building activities
• Allied initiatives creating positive social change

Significance of the Recognition

This award underscores KRBL Limited's commitment to creating meaningful social impact through structured CSR initiatives. The recognition of the company's mid-day meal program highlights the effectiveness of corporate involvement in addressing social welfare needs and supporting community development initiatives. The award positions KRBL Limited among organizations making substantial contributions to social service and nation-building efforts through well-executed corporate social responsibility programs.