SEPC Limited , a prominent player in the Indian corporate landscape, has set in motion a significant corporate action through a postal ballot process. The company is seeking shareholder approval for the re-designation of Mr. Venkataramani Jaiganesh from his current position as Whole-Time Director to the role of Managing Director.

Key Details of the Postal Ballot

Process and Compliance

The Board of Directors of SEPC Limited approved this re-designation in their meeting held on September 29, 2025. In compliance with regulatory requirements, the company has initiated a postal ballot to seek shareholder approval for this significant change in leadership.

The postal ballot notice, dated September 29, 2025, was electronically dispatched on October 10, 2025, to shareholders who have registered their email addresses with the company or its associated entities. This move aligns with modern corporate governance practices, emphasizing digital communication for increased efficiency and broader reach.

Voting Mechanism and Scrutiny

SEPC Limited has engaged the services of Central Depository Services (India) Limited (CDSL) to facilitate the remote e-voting process, ensuring a secure and accessible platform for shareholders to cast their votes. The company has appointed M/s. Alagar & Associates LLP, a firm of Company Secretaries based in Chennai, as the scrutinizer to oversee the postal ballot process and ensure its fairness and transparency.

Only shareholders holding shares as of the cut-off date (October 8, 2025) are eligible to participate in the voting process. The voting rights of shareholders will be proportional to their stake in the company's paid-up equity share capital as of the cut-off date.

Implications and Next Steps

This move to re-designate Mr. Venkataramani Jaiganesh as Managing Director signifies a potential shift in the company's leadership structure. The outcome of this postal ballot could have significant implications for SEPC Limited's future strategic direction and operational management.

Shareholders are encouraged to participate in this crucial decision-making process by casting their votes through the provided e-voting facility. The results of the postal ballot will be declared upon receipt of the Scrutinizer's Report, within the timeline prescribed by regulatory authorities. These results will be made available on the company's website and communicated to the relevant stock exchanges.

As SEPC Limited navigates this important corporate action, stakeholders will be keenly watching the outcome and its potential impact on the company's governance and future prospects.

SEPC Limited , a prominent player in the engineering and construction sector, has announced significant changes to its leadership and compliance structure following its 25th Annual General Meeting (AGM) held on September 29, 2025. The company's shareholders approved key appointments that are expected to strengthen its governance and operational capabilities.

New Whole-Time Director Appointment

Mr. Venkataramani Jaiganesh has been appointed as a Director and Whole-Time Director of SEPC Limited for a five-year term, effective from July 14, 2025, to July 13, 2030. This appointment marks a significant addition to the company's executive leadership.

Jaiganesh brings a wealth of experience to his new role:

• Qualified Chartered Accountant with a Postgraduate Diploma in International Business
• Over 20 years of expertise in finance, accounts, and operational management
• Extensive experience across various sectors including trading, manufacturing, services, investments, EPC, and Oil & Gas
• Proven track record in driving business growth and expanding into international markets, including the USA, Qatar, Oman, and Saudi Arabia

Secretarial Auditor Appointment

In a move to enhance its compliance framework, SEPC Limited has appointed SJN & Associates as its Secretarial Auditor for five consecutive years, from FY 2025-26 to 2029-30. This appointment underscores the company's commitment to maintaining high standards of corporate governance.

SJN & Associates brings specialized expertise in:

• Secretarial audits
• SEBI regulations
• Capital market services
• Complex regulatory matters

Board Changes

The AGM also saw the re-appointment of Mr. Abdulla Mohammad Ibrahim Hassan Abdulla as a director, who was retiring by rotation.

In a separate announcement, SEPC Limited informed that Mr. N K Suryanarayanan, a Non-Executive Director, has resigned from the company's board, effective from the closing business hours of September 30, 2025.

Shareholder Approval and Voting Results

The company reported strong shareholder support for these appointments:

These appointments and the high levels of shareholder approval reflect SEPC Limited's focus on strengthening its leadership team and governance structures. As the company moves forward with these changes, stakeholders will be watching closely to see how these new appointments contribute to SEPC's growth and operational excellence in the coming years.