Shriram Asset Management Company Limited (SAMCL) has successfully completed its postal ballot proceedings, with shareholders overwhelmingly approving two significant corporate actions through remote e-voting. The company announced the completion of the voting process and passage of resolutions on December 23, 2025, with both resolutions receiving 99.9998% approval from voting shareholders.

Postal Ballot Results and Voting Statistics

The remote e-voting period concluded on December 23, 2025, at 5:00 P.M., with both proposed resolutions being passed by the members with overwhelming support. The voting process was conducted in compliance with Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Resolution 1: Director Appointment

The appointment of Mr. Thian Joost Fick (DIN: 10328186) as Non-Executive Non-Independent Director received exceptional shareholder support. Mr. Fick, nominated by Sanlam Emerging Markets (Mauritius) Limited, brings extensive credentials to the board:

• Executive for India and Group Initiatives at Sanlam Group
• Over 19 years of experience in actuarial science, capital management, and risk management
• Bachelor of Commerce in Actuarial Science from University of Stellenbosch, South Africa
• Qualified Actuary and Fellow of the Actuarial Society of South Africa

Resolution 2: Executive Remuneration Revision

Shareholders also approved the revised remuneration package for Mr. Ketankumar Shah, Fund Manager-PMS and Senior Management Personnel, with identical voting support:

Regulatory Compliance and Scrutinizer Report

Suhas S. Ganpule, Practicing Company Secretary and Proprietor of SG Associates, served as the appointed scrutinizer for the postal ballot process. The scrutinizer's report confirmed the fair and transparent conduct of the voting process, with votes being unlocked at 5:04 P.M. on December 23, 2025, in the presence of two independent witnesses.

The company has informed BSE Limited about the postal ballot proceedings and submitted detailed voting results as required under Regulation 44(3) of the SEBI Listing Regulations. Managing Director & CEO Kartik Jain (DIN: 09800492) signed the regulatory filing confirming the successful completion of the postal ballot process.

These approved corporate actions strengthen SAMCL's leadership structure and align executive compensation with market standards, reflecting the company's commitment to governance and strategic growth in the asset management sector.

Shriram Asset Management Company Limited has announced a key leadership appointment in its compliance function, naming Ms. Vinita Kapoor as the company's new Compliance Officer effective December 23, 2025.

Board Approval and Appointment Details

The Board of Directors approved Ms. Kapoor's appointment through a Circular Resolution on December 23, 2025, at 01:25 P.M., following recommendations from the Nomination and Remuneration Committee. The appointment is made in accordance with provisions of Regulation 6(1) of the SEBI Listing Regulations and takes effect from the start of business hours on December 23, 2025.

Professional Background and Expertise

Ms. Vinita Ashokkumar Kapoor brings substantial experience to her new role, with over 12 years of expertise in corporate governance, secretarial, legal, and regulatory compliance across diverse financial sectors. She is a qualified Company Secretary from the Institute of Company Secretaries of India (ICSI) and holds a law degree from Government Law College, Mumbai.

Her professional experience spans listed companies, asset management firms, and alternative investment platforms, providing her with comprehensive understanding of regulatory requirements across different financial sectors.

Previous Professional Experience

Ms. Kapoor's career includes senior positions at prominent financial institutions. She served as Assistant Vice President - Governance Compliance at EAAA India Alternatives Limited (formerly known as Edelweiss Alternative Asset Advisors Limited), where she handled LODR compliances for debt-listed entities, IPO-related matters, offshore and FEMA compliances, AIF regulatory requirements, and issuance of listed debt instruments.

Her professional journey also includes senior roles at:

• Nippon Life India Asset Management Limited (formerly Reliance Nippon Life Asset Management Limited)
• Bombay Cycle Motor Agency Limited
• Walchandnagar Industries Limited

Regulatory and Compliance Expertise

Ms. Kapoor possesses extensive exposure to critical areas of financial compliance, including SEBI regulations, stock exchange compliances, board and committee processes, IPOs, ESOPs, investor grievance mechanisms, and regulatory audits. She has demonstrated expertise in handling complex, time-sensitive compliance requirements and has been acknowledged by ICSI for her academic and professional achievements.

The appointment strengthens Shriram Asset Management Company's compliance framework as the company continues to navigate the evolving regulatory landscape in the asset management industry.