Gloster Ltd

Resolution: Appointment of Meeta Khare as NED

• Purpose: appoint Meeta Khare as Non-Executive Non-Independent Director via ordinary postal ballot.
• Resolution type: Ordinary resolution for director appointment.
• Voting results: total votes polled 9,203,280; in favour 9,203,066; against 214.
• Promoter group voting: 7,848,217 in favour; 0 against.
• Record date: 14-08-2026; last date of remote voting: 18-09-2026.
• Result deemed passed on the last date of voting: 18-09-2026.
• DIN of appointee: 11846965.
• Role: Non-Executive Non-Independent Director.

Cessation of Director

• Yogendra Singh, Non-Executive Non-Independent Director, ceased on 07 August 2026 due to LIC-nominee directorship completion.

Director appointment via postal ballot

• Purpose: Ordinary resolution to appoint Meeta Khare as Non-Executive Non-Independent Director.
• Appointment date: Additional Director effective 7 August 2026; subject to rotation.
• Role and representation: LIC representative on the Board.
• Term: office determined by rotation.
• Background: LIC Executive Director Estates; relevant governance experience.
• Outcome: results not disclosed in this postal ballot notice.

AGM Details

• Date and time: 07 August 2026 at 11:00 AM, via VC/OAVM.
• Record date for voting: 31 July 2026.

Key Resolutions

• Ordinary: Adoption of standalone financial statements for year ended 31 March 2026.
• Ordinary: Adoption of consolidated financial statements for year ended 31 March 2026.
• Ordinary: Declaration of final dividend of Rs 20 per equity share.
• Ordinary: Reappointment of Hemant Bangur as director (retiring by rotation).
• Ordinary: Appointment of M/s Singhi & Co. as statutory auditors.
• Special: Ratification of remuneration of Cost Auditor for FY 2026-27.

Voting Results

• All resolutions approved by shareholders with requisite majority; no material dissent noted.
• Dividend resolution and auditor appointments recorded strong support.

Resignation of Yogendra Singh

• Resignation effective 7 August 2026 as LIC term ends.

Appointment of Meeta Khare as LIC representative

• Appointed Additional Non-Executive Non-Independent Director, LIC representative, w.e.f 7 August 2026.
• Profile: B.Sc. in Operational Research; former Executive Director (Estates), LIC.

Financial results approved

• Unaudited Q1FY2026 results approved for standalone and consolidated.
• Standalone Q1FY2026: revenue Rs 29,187.18 lakh; PAT Rs 1,009.99 lakh.
• Consolidated Q1FY2026: revenue Rs 42,739.45 lakh; PAT Rs -233.55 lakh.
• Goodwill amortization Rs 14,165.59 lakh on a business combination per Ind AS 34.

Corporate actions and regulatory matters

• Scheme of amalgamation with Gloster Lifestyle Ltd and Gloster Specialities Ltd filed with NCLT Kolkata; reserved for order.
• Trademark ownership dispute: 'Gloster' owned by Fort Gloster Industries Ltd; Supreme Court 2026; cases ongoing; no adjustments.
• NCLT reserved order on amalgamation scheme as of 14 Feb 2026; pending approval.

Filing details

• Issuer Gloster Limited; Board Meeting filing with scrip code 542351.