Announcement Under Regulation 30 (LODR)- Newspaper Publication of the regarding dispatch of postal ballot notice and commencement of Evoting Period
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Akar Auto Industries has sent a postal ballot notice to shareholders by email on 28 February 2026 and published a newspaper advertisement in Business Standard (All India edition) and Mumbai Lakshyadeep on 2 March 2026, as required under SEBI LODR Regulations 30 and 47. The e-voting window runs from Monday, 2 March 2026 at 9:00 AM to Tuesday, 31 March 2026 at 5:00 PM, with the cut-off date for shareholder eligibility set at 20 February 2026. Mr. Suresh Kabra (FCS 8518, CP 9761) has been appointed as the scrutinizer for the process. The resolution being put to vote relates to approval under Section 188 of the Companies Act, 2013, concerning related party transactions. Shareholders can vote through the Bigshare e-voting platform (ivote.bigshareonline.com) or raise queries at corporate@akartoolsltd.com.
Eligible shareholders must cast their votes electronically before 31 March 2026; the result of this postal ballot will determine approval of the related party transaction resolution and is a routine governance event with no immediate material impact on the share price.