Protean eGov Technologies Limited has successfully concluded its postal ballot process, with shareholders approving two key board appointments through special resolutions. The company informed stock exchanges on March 10, 2026, that both resolutions were passed with requisite majority, marking important developments in its leadership structure.

Postal Ballot Process and Timeline

The postal ballot process was conducted entirely through e-voting, with the notice dated February 03, 2026. The company dispatched the postal ballot notice on February 05, 2026, to 2,21,511 members who had registered their email addresses with the company, depositories, or registrar and transfer agent.

The company published advertisements regarding the postal ballot on February 06, 2026, in Financial Express (English) and Loksatta (Marathi) newspapers, ensuring widespread awareness among stakeholders.

Board Appointment Results

Both resolutions received strong shareholder support, demonstrating confidence in the proposed appointments. The scrutinizer CS S. N. Viswanathan from S. N. Ananthasubramanian & Co. validated all votes as legitimate and confirmed that both special resolutions were passed with requisite majority.

Resolution 1: Ms. Aruna Rao's Re-appointment

The resolution for re-appointing Ms. Aruna Rao (DIN: 06986715) as Independent Director for a second term of three years was classified as a special resolution and received overwhelming approval.

Resolution 2: Mr. V Easwaran's Appointment

The appointment of Mr. V Easwaran (DIN: 08055728) as Director and Whole-time Director also secured strong shareholder approval, with an even higher percentage of support.

Regulatory Compliance and Documentation

The postal ballot was conducted in compliance with Section 110 of the Companies Act, 2013, and SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The scrutinizer's report dated March 10, 2026, confirmed that all procedural requirements were met and votes were properly validated.

The voting results and scrutinizer's report are available on the company's website at www.proteantech.in and NSDL's e-voting platform at www.evoting.nsdl.com , ensuring transparency and accessibility for all stakeholders. The company has also informed BSE Limited (Scrip Code: 544021) and National Stock Exchange of India Limited (Trading Symbol: PROTEAN) about the successful completion of the postal ballot process.

Protean e-gov technologies Limited has announced a key senior management appointment, naming Mr. Mitesh Shah as Executive Vice President (Chief Information Officer) effective March 5, 2026. The appointment was formally approved by the company's Board of Directors through a circular resolution on March 4, 2026.

Appointment Details

The company has made this disclosure in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment represents a strategic addition to the senior management team as the company continues to strengthen its technology leadership.

Professional Background

Mr. Mitesh Shah brings substantial expertise to his new role, with over 3 decades of rich experience in driving innovation, digital transformation and IT modernization. His professional background spans multiple critical sectors including Banking, Financial Services and Consulting, positioning him well to lead the company's technology initiatives.

Key Areas of Expertise

Mr. Shah's domain expertise encompasses several strategic technology areas:

• Retail & Wholesale Banking: Extensive experience in banking sector technology solutions
• Payments: Deep knowledge of payment systems and financial technology
• Core Systems: Expertise in fundamental IT infrastructure and systems
• Cloud Technology: Experience with cloud-based solutions and migration
• Cybersecurity: Knowledge of security frameworks and risk management

Strategic Impact

The appointment reflects the company's focus on strengthening its technology leadership capabilities. Mr. Shah has demonstrated a strong track record of aligning IT strategy with business objectives, leading large-scale digital initiatives and building high-performing teams. His extensive experience in digital transformation initiatives is expected to support the company's ongoing technology modernization efforts.

Regulatory Compliance

The appointment disclosure has been made in accordance with SEBI regulations, specifically under Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has also complied with the detailed disclosure requirements as specified in SEBI Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.