Shyam Metalics & Energy Limited has issued a postal ballot notice seeking shareholder approval for the appointment of Mr. Subrata Bhattacharya as Independent Director. The company filed the notice under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 on February 11, 2026.

Appointment Details

The postal ballot seeks approval for a special resolution regarding Mr. Subrata Bhattacharya's appointment. The key parameters of the appointment are outlined below:

E-Voting Schedule and Process

The company has arranged for remote electronic voting through National Securities Depositories Limited (NSDL). Shareholders can participate in the voting process during the specified timeframe.

The postal ballot notice is being sent only in electronic form to members whose email addresses are registered with their depository participants or the company's Registrar and Share Transfer Agent. Voting rights will be proportional to shareholding of paid-up equity share capital as on the cut-off date.

Director Profile and Experience

Mr. Subrata Bhattacharya brings extensive industry experience to the board. His professional background spans multiple decades in the metallurgical sector.

His career highlights include serving as Whole-time Director at Jindal Stainless Limited from 2015 to 2021, responsible for Sales & Marketing, Procurement, Projects, Service Centres, International Operations, and Logistics. He previously held the position of Director – Operations from 2007 to 2012 at the same company. Between 2012 to 2014, he served as Chief Executive Officer of Viraj Profiles Limited.

Recognition and Technical Contributions

Mr. Bhattacharya received the "Best Young Metallurgist of India" award in 1993 from the Ministry of Steel & Mines for developing nuclear-grade steel for BARC. His technical legacy includes the development of copper-bearing 200 series stainless steel, a grade that now represents 20% of global production.

Scrutinizer and Compliance

The Board of Directors appointed Mr. Raj Kumar Bantia (ACS-17190), partner of M/s. MKB & Associates, Practicing Company Secretaries, as the Scrutinizer for conducting the postal ballot process. The appointment was made at the board meeting held on January 24, 2026.

The company has received all necessary declarations from Mr. Bhattacharya, including consent to act as Director, confirmation of independence criteria compliance, and registration with the Independent Directors data bank maintained by the Indian Institute of Corporate Affairs.

Remuneration Structure

As an Independent Director, Mr. Bhattacharya will not receive any remuneration except sitting fees for attending Board or Committee meetings and reimbursement of expenses incurred for participating in such meetings. The resolution specifies that he will not be liable to retire by rotation during his tenure.

Shyam metalics & energy Limited has successfully completed its scheduled investor meetings at the Systematix India Annual Conference 2026, held on February 9, 2026, in Mumbai. The company has informed stock exchanges about the outcome of these interactions with institutional investors, analysts, and fund managers.

Meeting Outcome and Regulatory Compliance

The company filed its outcome report with BSE and NSE on February 9, 2026, confirming that all discussions during the investor meetings were conducted in accordance with regulatory requirements. Company Secretary and Compliance Officer Birendra Kumar Jain signed the regulatory filing, ensuring full transparency in the process.

Regulatory Filing and Documentation

The outcome notification was submitted under reference number SMEL/SE/2025-26/114, following the earlier intimation filed under reference SMEL/SE/2025-26/112 dated February 3, 2026. This filing was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015.

Upcoming Conference Schedule

While the Systematix conference has been completed, the company still has its scheduled participation in the Nuvama India Conference 2026 on February 10, 2026, at 09:00 AM in Mumbai. This upcoming meeting will also feature interactions with institutional investors and fund managers.

Company Information and Brand Portfolio

Shyam Metalics and Energy Limited operates across multiple product segments under the TIGER brand portfolio, including TMT re-bars, stainless steel, roofing sheets, structural steel, and aluminum foil. The company maintains its registered office in Kolkata, West Bengal, and trades on BSE under scrip code 543299 and on NSE under the symbol SHYAMMETL.