Shareholders meeting

SWARAJ ENGINES LIMITED Works: Plot No. 2, lndl. Focal Point, Phase-IX, S.A.S. Nagar Distt. S.A.S. Nagar (Mohali) (Near Chandigarh) Tel.: 0172-2234941-47, 2234950 02/SP/EXCH 22nd September, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Capital Market-Listing, Exchange Plaza, P.J. Towers, 1st Floor, Bandra Kurla Complex, Dalal Street, Fort, Bandra (E), Mumbai – 400 001 Mumbai- 400051 Email: corp.relations@bseindia.com Email: cmlist@nse.co.in Scrip Code: 500407 Scrip Name: SWARAJENG Sub: Postal Ballot Notice of Swaraj Engines Limited Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith a copy of the Postal Ballot Notice (‘Notice’) of Swaraj Engines Limited (‘the Company’) along with the Explanatory Statement, for seeking approval of the Members of the Company through remote e-voting on following items of special business as set out in the said Notice: 1. Appointment of Mr. Sanjay Kshirsagar (DIN: 11745844) as a Director of the Company. 2. Appointment of Mr. Sanjay Kshirsagar (DIN: 11745844) as Whole Time Director of the Company. In compliance with the provisions of the General Circular Nos. 14/2020 dated 8th April, 2020, 17/2020 dated 13th April, 2020, and subsequent circulars issued in this regard, the latest being 03/2025 dated 22nd September, 2025, issued by the Ministry of Corporate Affairs, this Notice is being sent only through electronic mode to those members whose e-mail addresses are registered with the Company/Registrar and Share Transfer Agent /Depositories and whose name appear in the Register of Members of the Company or in the Register of Beneficial Owners maintained by the Depositories as on Friday, 18th September, 2026 (‘Cut-off date’). Accordingly, the physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope are not being sent to the Members for this Postal Ballot and Members have been requested to communicate their assent or dissent only through the remote e-voting system. The Company has engaged the services of National Securities Depository Limited (‘NSDL’) to provide remote e-voting facility to its Members. The remote e-voting period commences on Wednesday, 23rd September, 2026 (9:00 A.M. IST) and ends on Thursday, 22nd September, 2026 (5:00 P.M. IST). The remote e-voting facility shall be disabled for voting by NSDL upon expiry of the aforesaid voting period. The instructions for remote e-voting are provided in the Notice. The Notice is also available on the Company’s website at www.swarajenterprise.com and on the website of National Securities Depository Limited (“NSDL”) at www.evoting.nsdl.com. This is for your information and records. With regards, For Swaraj Engines Limited (Rajesh K. Kapila) Company Secretary M.No.: ACS-9936 Regd. Office : Industrial Area, Phase IV, S.A.S. Nagar, Mohali, Near Chandigarh-160 055 Tel. : 91-172-2271620-27, Fax : 91-172-2271307 & 2272731 Website : www.swarajenterprise.com CIN - L50210PB1985PLC006473 SWARAJ ENGINES LIMITED CIN: L50210PB1985PLC006473 Registered Office: Phase IV, Industrial Area, S.A.S.Nagar (Mohali), Punjab – 160055 Tel: 0172-2271620, Fax: 0172-2272731 E-mail: selinvestor@swarajenterprise.com; Website: www.swarajenterprise.com POSTAL BALLOT NOTICE [Pursuant to Sections 108 and 110 of the Companies Act, 2013 read with Rule 20 and Rule 22 of the Companies (Management and Administration) Rules, 2014] Dear Members, Notice is hereby given that the resolutions set out below are proposed for approval by the Members of Swaraj Engines Limited (“the Company”) by means of Postal Ballot (“Postal Ballot Notice / Notice”) through Remote E-Voting pursuant to the provisions of Sections 108 and 110 and all other applicable provisions of the Companies Act, 2013 (“the Act”) read with Rules 20 and 22 of the Companies (Management and Administration) Rules, 2014 (“the Rules”) (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) and in accordance with the guidelines prescribed by the Ministry of Corporate Affairs for, inter-alia, conducting postal ballot through e-voting vide General Circulars Nos. 14/2020 dated 8th April, 2020, 17/2020 dated 13th April, 2020, and subsequent circulars issued in this regard, the latest being 03/2025 dated 22nd September, 2025 (“MCA Circulars”), Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”), Secretarial Standard - 2 (“SS-2”) issued by the Institute of Company Secretaries of India and other applicable laws and regulations, if any. SPECIAL BUSINESS Item No. 1 APPOINTMENT OF MR. SANJAY KSHIRSAGAR (DIN: 11745844) AS A DIRECTOR OF THE COMPANY To consider and pass the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 152 and all other applicable provisions of the Companies Act, 2013 (“the Act”) read with the Companies (Appointment and Qualifications of Directors) Rules, 2014 and Regulation 17(1C) and other applicable provisions/ regulations of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI LODR”) (including any statutory modification(s) or re-enactment thereof for the time being in force), the Articles of Association of the Company and based on the recommendation of Nomination and Remuneration Committee, Mr. Sanjay Kshirsagar (DIN: 11745844), who was appointed by the Board of Directors as an Additional Director of the Company with effect from 1st September, 2026 under Section 161 of the Act and in respect of whom the Company has received a Notice in writing from a Member under Section 160 of the Act proposing his candidature for the office of Director of the Company, being so eligible, be and is hereby appointed as a Director of the Company, liable to retire by rotation.” Item No. 2 APPOINTMENT OF MR. SANJAY KSHIRSAGAR (DIN: 11745844) AS WHOLE TIME DIRECTOR OF THE COMPANY To consider and pass the following resolution as a Special Resolution: “RESOLVED THAT pursuant to the provisions of Sections 196, 197 and 198 read with Schedule V and all other applicable provisions of the Companies Act, 2013 (“the Act“) and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 [including any statutory modification(s) or re- enactment(s) thereof for the time being in force] and such other approvals, permissions and sanctions, as may be required and subject to such conditions and modifications, as may be prescribed or imposed by any of the authorities while granting such approvals, permissions and sanctions, approval of the Company be accorded to the appointment of Mr. Sanjay Kshirsagar (DIN: 11745844) as Whole Time Director of the Company designated as Whole Time Director & Chief Executive Officer (“WTD & CEO”) for a period of 3 (Three) years with effect from 1st September, 2026 to 31st August, 2029 (both days inclusive) on a basic salary of Rs. 1,69,955 per month in the scale of Rs. 1,50,000 to Rs. 3,00,000 per month. FURTHER RESOLVED THAT approval of the Company be accorded to the Board of Directors of the Company (including any Committee thereof) to revise the basic salary payable to Mr. Sanjay Kshirsagar as WTD and CEO (hereinafter referred to as the appointee) within the above mentioned scale of salary. FURTHER RESOLVED THAT in addition to the basic salary, the perquisites (including benefits and allowances) payable or allowable and performance pay, to Mr. Kshirsagar be as follows: Perquisites: 1. In addition to the basic salary, the appointee shall also be entitled to such perquisites not exceeding 300% of annual Basic Salary which would include Company’s leased accommodation or house rent allowance in lieu thereof, medical reimbursement, leave travel assistance if any, contribut [Showing first 8,000 characters — download PDF for full document]