Shilp Gravures Limited Appoints Independent Director Through Postal Ballot with Overwhelming Shareholder Support

Shilp Gravures Limited has successfully concluded its postal ballot process on January 12, 2026, securing overwhelming shareholder approval for the appointment of Ms. Jinal Hasmukhbhai Rupani as Non-Executive Independent Director. The special resolution received exceptional support with 99.9995% of votes cast in favor of the appointment.

Postal Ballot Results and Voting Details

The postal ballot process was conducted exclusively through remote e-voting, with CS Janvi N. Davda serving as the scrutinizer. The voting period commenced on December 12, 2025, at 09:00 a.m. IST and concluded on January 12, 2026, at 05:00 p.m. IST.

Voting Parameter	Details
Record Date	December 05, 2025
Total Shareholders on Record Date	5,758
Total Votes Polled	3,757,821
Votes in Favor	3,757,804
Votes Against	17
Percentage in Favor	99.9995%

Category-wise Voting Breakdown

The voting results demonstrated strong support across all shareholder categories. The promoter and promoter group, holding 3,740,839 shares, voted unanimously in favor with 100% support. Public non-institutional shareholders also showed strong backing with 99.8999% votes in favor.

Shareholder Category	Shares Held	Votes Polled	% in Favor	% Against
Promoter and Promoter Group	3,740,839	3,740,839	100.0000%	0.0000%
Public Non-Institutions	16,982	16,982	99.8999%	0.1001%
Public Institutions	0	0	0.0000%	0.0000%

Director Appointment Details

Ms. Jinal Hasmukhbhai Rupani, bearing DIN 11029766, was initially appointed as Additional Director (Non-Executive & Independent) by the Board of Directors on November 04, 2025. The postal ballot sought shareholder approval for her formal appointment as Non-Executive Independent Director for a first term of five consecutive years, effective from November 04, 2025.

Regulatory Compliance and Process

The postal ballot was conducted in compliance with Regulation 30 and Regulation 44 of SEBI Listing Regulations. The company followed the provisions of Section 110 of the Companies Act, 2013, and Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014. Central Depository Services (India) Limited (CDSL) provided the e-voting platform through their website www.evotingindia.com .

Scrutinizer's Report and Documentation

CS Janvi N. Davda, Practicing Company Secretary with membership number 60981, was appointed as scrutinizer by the Board of Directors on December 09, 2025. The scrutinizer's report was issued on January 12, 2026, confirming the resolution was passed as a special resolution. The voting results and scrutinizer's report have been made available on the company's website at www.shilpgravures.com for stakeholder reference.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.84%	-3.46%	-13.26%	-24.53%	-39.56%	+153.20%

Shilp Gravures Limited has successfully completed its postal ballot process on January 12, 2026, securing shareholder approval for the appointment of Ms. Jinal Hasmukhbhai Rupani as Non-Executive Independent Director. The special resolution received overwhelming support from shareholders, demonstrating strong confidence in the company's governance decisions.

Postal Ballot Results and Voting Details

The postal ballot process, conducted entirely through remote e-voting, achieved remarkable shareholder participation and approval rates. The voting results demonstrate strong shareholder confidence in the proposed appointment.

Voting Category	Shares Held	Votes Polled	Votes in Favor	Votes Against	Approval Rate
Promoter and Promoter Group	3,740,839	3,740,839	3,740,839	0	100.00%
Public Non-Institutions	16,982	16,982	16,965	17	99.90%
Public Institutions	0	0	0	0	0.00%
Total	3,757,821	3,757,821	3,757,804	17	99.9995%

Director Appointment Details

Ms. Jinal Hasmukhbhai Rupani (DIN: 11029766) was initially appointed as Additional Director (Non-Executive & Independent) by the Board of Directors on November 04, 2025. The postal ballot sought shareholder approval for her formal appointment as Non-Executive Independent Director for a first term of five consecutive years, effective from November 04, 2025.

Appointment Parameter	Details
Director Name	Ms. Jinal Hasmukhbhai Rupani
DIN	11029766
Position	Non-Executive Independent Director
Term Duration	5 consecutive years
Effective Date	November 04, 2025
Retirement by Rotation	Not liable

Voting Process and Timeline

The company conducted the postal ballot process through Central Depository Services (India) Limited (CDSL) e-voting platform. The process was overseen by CS Janvi N. Davda, appointed as scrutinizer by the Board of Directors on December 09, 2025.

Key Process Details:

Record Date: December 05, 2025
Total Shareholders: 5,758 on record date
E-voting Period: December 12, 2025 (9:00 AM) to January 12, 2026 (5:00 PM)
Notice Date: December 10, 2025
Scrutinizer Report Date: January 12, 2026

Regulatory Compliance and Documentation

The postal ballot process was conducted in accordance with Section 110 of the Companies Act, 2013, and Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014. The company published advertisements in The Indian Express (Gujarati & English) and The Financial Express (Gujarati) on December 11, 2025, informing shareholders about the completion of notice dispatch.

The scrutinizer's report confirms that the resolution was passed as a Special Resolution, meeting all regulatory requirements under SEBI Listing Regulations. The voting results and scrutinizer's report are available on the company's website at www.shilpgravures.com for shareholder reference.