Orient Ceratech Ltd

Resolutions

• Special: Regularization of reappointment of Mr. Ketan Shrimankar as Non-Executive Independent Director.
• Outcome: Scrutinizer report submitted; voting results uploaded on company website.

Resolutions and results

• Special resolution: Regularization of reappointment of Ketan Shrimankar as Non-Executive Independent Director for two-year term commencing Aug 2026.
• Outcome: Approved; votes in favour 99.99%, against 0.01% of votes polled.
• Impact: No share capital change; strengthens governance with independent director for two-year term.
• Term details: Two-year term commencing Aug 11, 2026; independence confirmed per applicable rules.

Certificate details

• Confirmation certificate from Registrar and Transfer Agent enclosed.
• Document accompanies filing under Regulation 74(5) for dematerialisation/rematerialisation.

Rating action and facilities

• Ratings withdrawn on long-term bank facilities (BBB+, Stable).
• Ratings withdrawn on short-term bank facilities (A2).
• Action per CareEdge Ratings Withdrawal Policy.
• Previous ratings were Long-term BBB+, Stable and Short-term A2.
• Outlook not applicable due to withdrawal.

Agency and rationale

• Agency: CARE Ratings Limited (CareEdge Ratings).
• Rationale: Withdrawal per Withdrawal Policy; no rationale provided.

Material change

• Material change: Ratings withdrawn; no current rating or outlook.

Windmills Business Sale

• Agreement for sale of the Windmills Business executed on 30 June 2026 on a going-concern slump sale.
• Assets and liabilities of the Windmills Business will transfer to the purchaser with cut-off date 30 June 2026.
• Total consideration for the sale has been revised upwards to Rs 16.45 crore.
• Purchaser name not disclosed in the filing.

Purpose and resolution

• Postal ballot to regularize reappointment of Ketan Shrimankar as Non-Executive Independent Director.
• Special resolution; two-year term beginning 11 August 2026; not liable to retire by rotation.
• Background: Chartered Accountant with ~40 years' experience; fund manager in SEBI Cat III fund.

Key terms and governance

• Term: two consecutive years from 11 Aug 2026; independent director criteria fulfilled.
• Nomination and Remuneration Committee recommended; Board approved; consent to act given.
• Not a related party; no disqualifications; no material conflicts disclosed.

E-voting and timing

• E-voting from 1 July 2026, 9:00 AM to 30 July 2026, 5:00 PM.
• Results to be announced by 31 July 2026 at company HQ and websites.