EarKart Limited Passes Special Resolution on IPO Fund Utilisation Change via Postal Ballot

EarKart Limited has announced the successful conclusion of its postal ballot process, with shareholders approving a special resolution concerning the change in objects for utilisation of the unutilised proceeds raised from the company's Initial Public Offer (IPO). The resolution was passed with requisite majority on 01 May 2026, the last date specified for remote e-voting, as confirmed by the scrutinizer's report dated 02 May 2026.

Postal Ballot Process Overview

The postal ballot was conducted exclusively through remote e-voting, facilitated by National Securities Depository Limited (NSDL) as the authorised service provider. The voting window opened on Wednesday, 02 April 2026 at 09:00 a.m. (IST) and closed on Friday, 01 May 2026 at 05:00 p.m. (IST). The cut-off date for determining shareholder eligibility to vote was Friday, 20 March 2026, on which the total number of shareholders on record stood at 243.

The scrutinizer for the process was Ms. Nikita Kothari, Partner of N Kothari & Associates, Practicing Company Secretaries, appointed by the Board of Directors of the company. The unblocking of votes cast via remote e-voting was carried out in the presence of two witnesses — Mr. Utkarsh Vyas and Ms. Sakshi Verma — neither of whom is in the employment of the company.

Resolution Details and Voting Outcome

The sole resolution put to vote was Resolution Item No. 1 — Change in the Object for utilisation of the unutilised proceeds raised from the Initial Public Offer (IPO) of the Company, classified as a Special Resolution. The following table summarises the overall voting results:

Metric: Details Resolution Type: Special Resolution Total Number of Shareholders (Cut-off Date): 243 Total Shares Held: 13,753,932 Total Votes Polled: 10,889,382 % Votes Polled on Outstanding Shares: 79.17% Total Votes in Favour: 10,889,382 Total Votes Against: 0 % Votes in Favour: 100% Result: Passed as Special Resolution

Category-Wise Voting Breakdown

The voting participation and results across shareholder categories are detailed below:

Category: Shares Held Votes Polled % Votes Polled Votes in Favour Votes Against % in Favour Promoter & Promoter Group: 7,887,044 7,887,044 100 7,887,044 0 100 Public Institutions: 3,018,773 2,327,000 77.08 2,327,000 0 100 Public Non-Institutions: 2,848,115 675,338 23.71 675,338 0 100 Total: 13,753,932 10,889,382 79.17 10,889,382 0 100

All three shareholder categories — Promoter and Promoter Group, Public Institutions, and Public Non-Institutions — cast 100% of their polled votes in favour of the resolution. No votes were recorded against the resolution across any category or mode of voting.

Compliance and Disclosure

The outcome has been filed with BSE Limited in accordance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting results and scrutinizer's report have also been uploaded on the company's website at www.earkart.in and on the NSDL e-voting portal at www.evoting.nsdl.com . The disclosure was signed by Preeti Srivastava, Company Secretary & Compliance Officer (Membership No. A31615), on 04 May 2026 from Noida. The scrutinizer's report was issued by Nikita Kothari (Membership No.: F10365, C.P. No.: 13507, UDIN: F010365H000268557) on 04 May 2026 from Mumbai.

EarKart Limited has fulfilled its quarterly regulatory compliance obligations by submitting the mandatory certificate under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended 31 March 2026. The submission demonstrates the company's adherence to regulatory requirements governing share dematerialization processes.

Regulatory Compliance Details

The certificate was submitted in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Company Secretary and Compliance Officer Preeti Srivastava filed the documentation with BSE Limited on 14 April 2026.

Parameter: Details Reporting Quarter: Q4FY26 (ended 31 March 2026) Filing Date: 14 April 2026 Filing Officer: Preeti Srivastava (Membership No: A31615) Company Location: Noida

Share Transfer Agent Confirmation

Skyline Financial Services Private Limited, serving as the company's Registrar to an issue and Share Transfer Agent, issued the confirmation certificate dated 03 April 2026. The RTA confirmed that no physical share certificates were received for dematerialization of equity shares during the quarter ended 31 March 2026.

The certificate was signed by Parveen Sharma, Authorised Signatory of Skyline Financial Services Private Limited, and addressed to EarKart Limited's registered office in Sector-63, Noida, Uttar Pradesh.

Company Information

EarKart Limited operates under CIN U74999DL2021PLC399313 and maintains its registered office at A-133, Ground Floor, Sector-63, Gautam Buddha Nagar, Noida, Uttar Pradesh. The company's shares are listed on BSE Limited under the scrip code 544549 with ISIN INE1A8F01035.

The quarterly compliance certificate submission ensures transparency in the company's share dematerialization processes and maintains regulatory compliance with SEBI's depositories framework. This routine filing provides stakeholders with confirmation of proper share transfer procedures during the reporting quarter.

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