Raj Oil Mills Ltd. has announced the successful completion of its postal ballot process for the re-appointment of three independent directors, with shareholders demonstrating overwhelming support for all proposed resolutions. The voting results were declared on February 09, 2026, following the scrutinizer's report submitted by Dr. S.K. Jain of S.K. Jain & Co., Practicing Company Secretaries.

Postal Ballot Process and Participation

The postal ballot was conducted exclusively through electronic voting, with the voting period remaining open from January 10, 2026, to February 08, 2026. The cut-off date for determining eligible shareholders was January 02, 2026. Out of the total 1,49,88,684 eligible shares, 1,11,50,501 votes were polled, representing a participation rate of 74.39%.

Resolution Results and Director Re-appointments

All three special resolutions for the re-appointment of independent directors were passed with requisite majority. The voting results demonstrated strong shareholder confidence in the proposed appointments.

Resolution 1: Mrs. Kiran Raghavendra Awasthi

Mrs. Kiran Raghavendra Awasthi (DIN: 09066721) was re-appointed as an Independent Director for a second term of five years, with 71 members voting in favour representing 99.99% of total valid votes cast.

Resolution 2: Mr. Rishang Sanjay Jain

Mr. Rishang Sanjay Jain (DIN: 09065828) secured re-appointment as an Independent Director for a second term of five years, with 70 members supporting the resolution representing 99.99% approval.

Resolution 3: Mr. Unmesh Breed

Mr. Unmesh Breed (DIN: 09211149) was successfully re-appointed as an Independent Director for a second term of five years, with 71 members voting in favour achieving 99.99% approval.

Scrutinizer's Oversight and Compliance

The postal ballot process was conducted under the supervision of Dr. S.K. Jain, who was appointed as the scrutinizer by the Board of Directors. The process complied with all applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, and relevant MCA and SEBI circulars. The company utilized the services of National Securities Depository Limited (NSDL) for conducting the electronic voting process.

The scrutinizer confirmed that no invalid votes were recorded for any of the resolutions, and the voting process was conducted in a fair and transparent manner. All procedural requirements including publication of advertisements in Business Standard (English) and Parshuram (Marathi) newspapers were fulfilled as per regulatory requirements.

Corporate Governance Strengthening

The successful re-appointment of all three independent directors reinforces the company's commitment to maintaining strong corporate governance standards. The overwhelming shareholder support, with promoter groups showing 100% approval across all resolutions and public shareholders demonstrating strong confidence, reflects the market's trust in the proposed leadership structure for the next five-year term.

Raj Oil Mills Limited has officially announced the launch of its new edible oil product PALMRAJ on January 15, 2026. The company made this disclosure in compliance with SEBI Regulation 30 requirements, informing both BSE Limited and National Stock Exchange of India about this significant product development.

Product Launch Details

The new product launch represents an expansion in the company's edible oil portfolio. The announcement was made through formal communication to stock exchanges, demonstrating the company's commitment to regulatory compliance and transparency.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 with Schedule III Part A Para B of the SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015. The company provided comprehensive details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Market Focus

PALMRAJ is positioned as a refined palmolein oil product targeting the domestic edible oil market. The product launch reflects the company's strategy to expand its presence in the competitive edible oil segment. The company has confirmed that this product will not be marketed internationally, focusing exclusively on domestic consumers.

Corporate Communication

The formal announcement was signed by Priya Pandey, Company Secretary & Compliance Officer, and made available on the company's official website at www.rajoilmillsltd.com . This ensures stakeholders have access to complete product information and maintains transparency standards required by regulatory authorities.

The launch of PALMRAJ demonstrates Raj Oil Mills Limited's continued focus on product diversification within the edible oil sector, specifically targeting domestic market opportunities in the palm oil segment.