Poddar Pigments Limited has announced a postal ballot process for the appointment of an Independent Director, in compliance with regulatory requirements under SEBI Listing Regulations.

Postal Ballot Notice Details

The company has issued a formal notice dated February 27, 2026, under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The postal ballot seeks shareholder approval for special business through electronic voting means only.

Proposed Director Appointment

The postal ballot concerns 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.

Professional Background

Shri Muthukumar brings over four decades of extensive experience in Finance, Taxation, and Management Information Systems within the corporate sector. His career highlights include:

• Senior leadership positions with Larsen & Toubro Ltd and Murugappa Group, Tamil Nadu
• Currently holds senior position in Ambattur Clothing Company (group) India and Overseas
• Director in Avighna Systems Private Limited
• Qualified Chartered Accountant (member since 1983)
• Bachelor's degree in Physics from St Joseph's College, Tiruchirappalli

Voting Process and Timeline

The company has engaged CDSL for facilitating remote e-voting to enable members to cast their votes electronically. The voting process will be conducted exclusively through electronic means, with no physical voting facility.

Key Voting Information:

• Eligible Shareholders: Those holding shares in physical or demat form as on the cut-off date of March 06, 2026
• Voting Platform: Available on www.evotingindia.com and company website www.poddarpigmentsltd.com
• Results Declaration: Within two working days from conclusion of e-voting period
• Resolution Type: Special Resolution required for approval

Regulatory Compliance

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 Nomination and Remuneration Committee has recommended the appointment based on the candidate's capabilities and experience.

The company has received necessary declarations confirming that Shri Muthukumar meets independence criteria under Section 149(6) of the Companies Act, 2013, and Regulation 16 of the Listing Regulations. He has also confirmed compliance with Rule 6 regarding inclusion in the Indian Institute of Corporate Affairs databank.

Shareholder Communication

The postal ballot notice is being sent through email to all registered shareholders. Members 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.

The results of the postal ballot will be communicated to BSE Ltd and National Stock Exchange of India Ltd in accordance with listing regulations, and will be available on both the company's website and CDSL's platform within one working day of the resolution passing.

Poddar Pigments Limited has announced the reaffirmation of its credit ratings by CRISIL Ratings, demonstrating continued financial stability and creditworthiness. The rating agency communicated its decision to the company on February 27, 2026, maintaining confidence in the company's financial position.

Credit Rating Details

CRISIL Ratings has reviewed and reaffirmed the ratings on the company's bank facilities following its assessment. The rating reaffirmation covers the company's borrowing facilities and reflects the agency's evaluation of its credit profile.

Regulatory Compliance

The company has made this disclosure in accordance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about material events and developments that could impact their operations or financial position.

Information Accessibility

In compliance with Regulation 46 of the Listing Regulations, Poddar Pigments Limited has hosted this rating information on its official website at www.poddarpigmentsltd.com . This ensures transparency and provides stakeholders with easy access to important corporate announcements and updates.

The rating reaffirmation provides assurance to lenders, investors, and other stakeholders about the company's ability to meet its financial obligations. The stable outlook on the long-term rating indicates CRISIL's expectation that the company will maintain its current credit quality over the rating horizon.