Akar Auto Industries Ltd — Important, 02-03-2026: Company Update

Akar Auto Industries has notified shareholders about the dispatch of a Postal Ballot Notice to seek their approval for a key appointment. The company is asking shareholders to pass a special resolution for the appointment of Smt. Shobha Prasad as an independent director. Shareholders can cast their votes electronically through the provided e-voting facility. This process allows investors to actively participate in crucial company decisions regarding board composition, ensuring transparency and good governance. The voting results will be made public on the company's website and stock exchanges after the ballot concludes.