Poddar Pigments Limited has confirmed the completion of dispatch of its postal ballot notice through newspaper advertisements, marking a significant milestone in the company's Independent Director appointment process.

Dispatch Completion Confirmation

The company has issued a formal communication dated March 13, 2026, to BSE Limited and National Stock Exchange of India Limited, confirming the completion of postal ballot notice dispatch to shareholders. The notification was published in "Business Standard" (English Edition) and "Nafa Nuksan" (Hindi Edition) newspapers on March 13, 2026.

Postal Ballot Process Details

The postal ballot seeks shareholder approval for the appointment of Shri Visvanathan Muthukumar (DIN: 00584405) as an Independent Director. The Board of Directors has already appointed him as an Additional Director in the Non-Executive Independent Director category, effective February 27, 2026.

Director Profile and Appointment Terms

Shri Muthukumar brings over four decades of extensive experience in Finance, Taxation, and Management Information Systems within the corporate sector. His proposed term extends from February 27, 2026 to September 30, 2030.

Voting Process and Compliance

The company has engaged CDSL for facilitating remote e-voting exclusively, with no physical voting facility available. The voting process will be conducted through www.evotingindia.com and the company website www.poddarpigmentsltd.com .

Key Voting Parameters:

• Eligible Shareholders: Those holding shares in physical or demat form as on March 06, 2026
• Resolution Type: Special Resolution required for approval
• Results Declaration: Within two working days from conclusion of e-voting period
• Communication: Results will be informed to stock exchanges and displayed on company website

Regulatory Framework

The appointment follows provisions of Sections 149, 150, 152, 160 and Schedule IV of the Companies Act, 2013, along with Regulation 17 of SEBI Listing Regulations. The company has received necessary declarations confirming that Shri Muthukumar meets independence criteria under applicable regulations.

Shareholders who have not registered their email addresses are requested to provide necessary details to the company at com.sec@poddarpigmentsltd.com or to the Registrar and Transfer Agent MUFG Intime India Pvt Ltd for participating in the e-voting process.

Poddar Pigments Limited has announced the appointment of Shri Visvanathan Muthukumar as an Additional Director in the Non-Executive Independent Director category, effective February 27, 2026. The appointment was formalized during a Board meeting held on the same date and is subject to shareholder approval.

Regulatory Filing and Board Meeting Details

The company filed the official intimation under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015 with BSE Limited and National Stock Exchange of India Limited. The Board of Directors meeting was conducted on February 27, 2026, commencing at 2:45 PM and concluding at 3:30 PM. The appointment was made on the recommendation of the company's Nomination and Remuneration Committee.

Appointment Terms and Conditions

Professional Background

Shri Visvanathan Muthukumar brings over four decades of extensive experience in Finance, Taxation, and Management Information Systems (MIS) within the corporate sector. Throughout his distinguished career, he has held several senior leadership positions with Larsen & Toubro Ltd and Murugappa Group, contributing significantly to financial strategy and governance.

He is currently in a senior position at Ambattur Clothing Company, where he continues to provide strategic financial oversight and corporate leadership. Additionally, he serves as a Director in Avighna Systems Private Limited.

Educational and Professional Qualifications

Mr. Muthukumar's educational credentials include:

• Bachelor's degree in Physics from St Joseph's College, Tiruchirappalli
• Qualified Chartered Accountant
• Member of the Institute of Chartered Accountants of India since 1983

Regulatory Compliance

The company has confirmed that Shri Visvanathan Muthukumar is not debarred from holding the office of Director by virtue of any SEBI order or any other authority. The disclosure also confirms that he has no relationships with other Directors on the Board of the company, maintaining the independence required for his role. The filing was signed by Company Secretary and Compliance Officer Rajeev Kumar (ACS No. 33990).