Krypton Industries Limited announced significant board changes following a meeting held on February 18, 2026, at the company's head office. The board addressed key appointments and resignations in compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

New Director Appointment

The board approved the appointment of Ms. Vaishnavi Gupta as Additional Director in the Non-Executive Independent category. Her appointment is subject to shareholder approval and complies with Sections 149, 152, and other applicable provisions of the Companies Act, 2013.

Ms. Gupta brings expertise in finance and accounting to the board and is not debarred from holding directorship by any regulatory authority. The company confirmed she has no relationships with existing directors as defined under Section 2(77) of the Companies Act, 2013.

Director Resignation

The board accepted the resignation of Mr. Satadal Chattopadhyay from his position as Non-Executive Independent Director. His resignation became effective at the close of business hours on February 18, 2026.

Mr. Chattopadhyay confirmed in his resignation letter that there are no material reasons for his departure beyond those stated. The board placed on record its appreciation for his valuable contributions to the company during his tenure.

Meeting Details and Compliance

The board meeting commenced at 4:00 PM and concluded at 5:00 PM on February 18, 2026. The company has notified the Bombay Stock Exchange Limited and Calcutta Stock Exchange Limited of these changes as required under regulatory frameworks.

All necessary disclosures have been made in accordance with SEBI circular requirements, with detailed annexures provided for both the appointment and resignation. The company will file the required forms with the Registrar of Companies and other regulatory authorities as mandated by law.

Krypton Industries Limited has announced a postal ballot notice to seek shareholder approval for key board appointments and remuneration matters through remote e-voting, as disclosed in its regulatory filing dated February 19, 2026.

Key Proposals for Shareholder Approval

The company has outlined three special business items requiring member consent through the postal ballot process:

E-Voting Timeline and Process

The company has engaged Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process for shareholders. The voting mechanism follows statutory requirements under Section 110 of the Companies Act, 2013.

Regulatory Compliance and Communication

The postal ballot notice has been issued in compliance with Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has published newspaper advertisements in Business Standard (English) and Duranta Barta (Bengali) to inform stakeholders about the postal ballot proceedings.

Shareholders whose email addresses are registered with the company or depositories will receive the postal ballot notice electronically. Members holding shares in dematerialised form who have not registered their email addresses are advised to update their contact details with respective Depository Participants.

Board Composition Changes

The regularisation of both independent directors represents significant additions to the company's board structure. Mr. Mukul Banerjee was initially appointed as an Additional Director on December 31, 2025, while Ms. Vaishnavi Gupta joined as an Additional Director on February 18, 2026. Both appointments require shareholder approval for conversion to regular Independent Director positions.

The remuneration proposal for Mr. Digvijay Singh Bardia seeks approval for payments exceeding statutory limits prescribed under the Companies Act, 2013, read with Schedule V provisions. This indicates the company's intention to provide competitive compensation packages for key management personnel.

Result Declaration Process

The results of the postal ballot will be announced following prescribed regulatory procedures and communicated to stock exchanges. The outcomes will also be published on the company's website and CDSL's platform, ensuring transparent disclosure to all stakeholders. Company Secretary and Compliance Officer Priya Agarwal has signed the regulatory filing on behalf of Krypton Industries Limited.