Shardul Securities Limited has issued a postal ballot notice to its shareholders seeking approval for critical board appointments through a remote e-voting process. The notice, dated December 19, 2025, outlines three key resolutions that require member approval during the voting period from January 10, 2026, to February 8, 2026.

Key Resolutions for Shareholder Approval

The company has proposed three significant resolutions for shareholder consideration, each addressing important board composition matters.

E-Voting Schedule and Process

Shardul Securities has engaged MUFG Intime India Private Limited as the registrar and transfer agent to facilitate the remote e-voting process. The company will conduct the voting exclusively through electronic means, with no physical postal ballot forms being distributed to members.

Proposed Independent Directors

Mr. Gyanchand Pipara

Mr. Gyanchand Pipara brings over four decades of expertise in accounting, forensic accounting, auditing, assurance, and tax consultancy. He is the founder of Pipara & Co. LLP, a globally recognized accounting firm with international presence across Ahmedabad, Mumbai, Delhi, Dubai, London, New York, and the Isle of Man. His appointment as independent director is proposed for a three-year term commencing from November 12, 2025.

Ms. Anshu Agarwal

Ms. Anshu Agarwal is a practicing company secretary with over 20 years of experience in corporate laws, mergers and acquisitions, and fund-raising activities. She has worked with leading business groups including Borosil, Reliance Industries, Reliance Infrastructure, IIFL, and the Lodha Group. Her proposed appointment as independent director spans three years starting from December 20, 2025.

Executive Director Re-appointment

The company seeks to re-appoint Ms. Daya Bhalia as executive director for an additional three-month term effective from November 14, 2025. Ms. Bhalia, who holds B.Com and Law degrees and is a qualified member of the Institute of Company Secretaries of India, has been serving as the company secretary and compliance officer since December 1, 2017.

Compliance and Regulatory Framework

The postal ballot notice has been issued in compliance with Sections 108 and 110 of the Companies Act, 2013, and the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice is being distributed exclusively through electronic mode to members whose email addresses are registered with the company, depositories, or the registrar and transfer agent.

M/s D Maurya & Associates, Company Secretary in practice, has been appointed as the scrutinizer to conduct the postal ballot process in a fair and transparent manner. The scrutinizer will prepare a detailed report of votes cast and submit it to the company chairman following the conclusion of the voting period.

Shardul Securities Limited has announced an important administrative update regarding its official communication channels. The company has changed its official email address with immediate effect following approval from its Board of Directors.

Board Approval and Implementation

The Board of Directors of Shardul Securities Limited approved the email address change during their meeting held on December 19, 2025. The decision was implemented with immediate effect, ensuring seamless transition for stakeholder communications.

Email Address Transition Details

The company has provided specific details regarding the email address modification:

Regulatory Compliance

Shardul Securities Limited has formally communicated this change to the Bombay Stock Exchange Limited as part of its regulatory obligations. The company operates under CIN L50100MH1985PLC036937 and trades with scrip code 512393 on the BSE.

The notification was signed by Daya Bhalia, who serves as both Director and Company Secretary, with DIN 07049483. This administrative update ensures that all stakeholder communications will be directed through the new official email channel going forward.