Pankaj Polymers Ltd

Resolutions

• Ordinary resolution to appoint statutory auditors to fill casual vacancy; voting results pending.
• Special resolution to issue up to 8,55,000 equity shares to non-promoter on a preferential basis.
• Special resolution to issue up to 22,20,000 warrants convertible into equity on a preferential basis.
• Special resolution to change the company name and alter MOA and AoA.
• Special resolution to shift registered office from Telangana to Delhi and amend MOA.
• Special resolution to alter the Object Clause (Clause III) of the MOA.
• Ordinary resolution to appoint Mayank Chawla as Executive Director.
• Special resolution to regularise Mayank Chawla as Whole-Time Director for five years.
• Ordinary resolution to regularise Vikas Garg as non-executive non-independent director.
• Ordinary resolution to regularise Rahul Nagar as non-executive non-independent director.
• Special resolution to regularise Siba Narayan Panda as non-executive independent director.
• Special resolution to regularise Ms. Richa Kathuria as non-executive independent director.

Financial results

• Un-audited standalone quarterly results for quarter ended 30 June 2026 approved by the Board.
• Limited Review Report by statutory auditors issued and reviewed by the Audit Committee.
• Results prepared in accordance with Indian Accounting Standards.
• Publication arrangements planned for newspapers as per SEBI Listing Regulations.
• March 31, 2026 figures are balancing figures between audited full-year and prior period.

Ownership change and promoter reclassification

• Acquirers completed acquisition, becoming the new promoters and changing ownership and control.
• Transaction did not involve the company or alter its share capital.
• Open offer completed; erstwhile promoter reclassified to Public; disclosure to BSE.

Board and KMP changes

• New executive, non-executive, and independent directors appointed.
• Existing directors and CFO resigned; WTD redesignated as Non-Executive Director.

Other disclosures

• Results available on the company website.

Resolutions proposed

• Item 01: Ordinary—appoint Shilpi Sharma & Co as Statutory Auditors to fill casual vacancy.
• Item 02: Special—issue up to 8,55,000 equity shares to non-promoters at ₹81 each.
• Item 03: Special—issue up to 22,20,000 warrants for conversion into equity.
• Item 04: Special—change name to Rupia Tech Limited or Rupia Fin Limited or Rupia Fintech Limited.
• Item 05: Special—shift registered office from Telangana to Delhi.
• Item 06: Special—alter Object Clause to fintech and related activities.
• Item 07: Ordinary—appoint Mayank Chawla as Executive Director.
• Item 08: Special—Regularise Mayank Chawla as WTD/CEO for 5 years without remuneration.
• Item 09: Ordinary—Regularise Vikas Garg as Non-Executive Non-Independent.
• Item 10: Ordinary—Regularise Rahul Nagar as Non-Executive Non-Independent.
• Item 11: Special—Regularise Siba Narayan Panda as Independent Director for 5 years.
• Item 12: Special—Regularise Richa Kathuria as Independent Director for 5 years.

Shareholding impact

• Equity preferential issue dilutes promoters to 42.16% post-issue; total post-issue equity 86,18,900.
• Non-promoter allocation of 8,55,000 shares raises public stake to 57.84%.
• Warrant conversion could bring post-conversion capital to 86,18,900 shares.
• Board composition not expected to change; promoters retain control.

Use of proceeds

• Equity proceeds for business expansion and working capital.
• Warrant proceeds for expansion and general corporate purposes.

Management changes

• Mayank Chawla appointed Executive Director; remuneration details to be approved.
• Mayank Chawla also to be regularised as WTD/CEO for 5 years.
• Vikas Garg appointed Non-Executive Non-Independent.
• Rahul Nagar appointed Non-Executive Non-Independent.
• Siba Narayan Panda appointed Independent Director for 5 years.
• Richa Kathuria appointed Independent Director for 5 years.

Corporate changes

• Change of name approved; new name to be confirmed by MCA.
• Shift of Registered Office to Delhi; MOA updated.
• Alteration to MOA/EOA for these changes.

Timing and process

• EGM scheduled for 22 August 2026 via VC/OAVM; remote e-voting Aug 19–21.

Price movement update

• All required disclosures under Listing Regulations have been made; no pending announcements affecting price.
• Will disseminate price-sensitive information to exchanges as required and publish on the company website.

Dematerialisation/Rematerialisation status

• Details of dematerialised/rematerialised securities for quarter ended June 30, 2026 furnished to all stock exchanges.