We have dispatched today i.e. August 12, 2025 the notice of Postal Ballot, along with explanatory statement pursuant to section 110 of the Companies Act, 2013 read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2013 for seeking approval of the shareholders for the following by way of remote e-voting only 1. Increase in authorised share capital and consequent alteration to Clause V of the Memorandum of Association of the company; 2. Increase in threshold of loans or guarantees, providing of securities and making of investments; 3. Appointment of Mr. Premananda Reddy Vennapusa (DIN: 02512956) as Non-Executive Director

Vineet Laboratories has sent out a postal ballot notice to shareholders seeking approval for three key matters via remote e-voting. First, the company proposes to increase its authorised share capital nearly fourfold, from ₹10.81 crore to ₹40 crore, by creating additional equity shares of ₹10 face value. Second, it wants to raise the cap on loans, guarantees, securities, and investments to ₹200 crore under Section 186 of the Companies Act. Third, it proposes to appoint Mr. Premananda Reddy Vennapusa, a 42-year-old B.Tech graduate with over 15 years of experience in pharmaceutical chemicals, plastic production, and operations management, as a Non-Executive Director (Professional Category). Remote e-voting will be open from August 17, 2025 to September 15, 2025, with results announced by September 17, 2025. The increase in authorised capital signals potential fundraising plans to meet working capital and corporate needs.