Shareholders meeting

July 13, 2026 To To National Stock Exchange of India Limited, BSE Limited, The Manager, Listing Department, The Corporate Relationship Department, “Exchange Plaza”, C-1, Block G, 1st Floor New Trading Wing, Rotunda Building, Bandra-Kurla Complex, Bandra (E), Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 051 Mumbai – 400 001 Symbol: WHEELS Scrip code: 590073 Dear Sir / Madam, Subject: Notice of Postal Ballot - Disclosure under Regulation 30 of the SEBI LODR Reference: Our letters dated July 6, 2026 and July 10, 2026 in connection with the fund raising, subject to approval of the members Please note that pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (the ‘SEBI LODR’), please find enclosed a copy of the Postal Ballot Notice seeking approval of members of the Company for fund raising by way of issuance of securities in one or more tranches through permissible modes as set out in the postal ballot notice. In compliance with the requisite circulars issued by Ministry of Corporate Affairs, the Notice of Postal Ballot is being sent on July 13, 2026 (Monday) through electronic mode to those Members whose names appear in the Register of Members / list of Beneficial Owners as received from M/s. National Securities Depository Limited (‘NSDL’) and M/s. Central Depository Services (India) Limited (‘CDSL’), as on the cut-off date of Friday, July 03, 2026 and whose e-mail addresses are registered with the Company / Registrar and Share Transfer Agent (‘RTA’) / NSDL / CDSL. Further, the Company has engaged the services of CDSL for the purpose of providing e-voting facility to the Members. The e-voting period will commence from Tuesday, July 14, 2026 at 9 :00 A.M. (IST) and ends on Wednesday, August 12, 2026 at 5:00 P.M. (IST). The results of postal ballot will be announced not later than two days of conclusion of the voting through Postal Ballot. The above notice is also being made available on the website of the Company at https://wheelsindia.com You are requested to take the same on your records and disseminate on your website. Thanking you. Yours faithfully, For Wheels India Limited K V Lakshmi Company Secretary & Compliance Officer Encl.: a/a PLEASE ADDRESS ALL COMMUNICATIONS TO THE FACTORY WHEELS INDIA LIMITED CIN: L35921TN1960PLC004175 Registered Office: No. 21, Patullos Road, Chennai, Tamil Nadu 600002 Phone : 044-26234311 / 044-28522745 e-mail ID: investorservices@wheelsindia.com; Website: https://wheelsindia.com NOTICE OF POSTAL BALLOT Dear Member(s), SPECIAL BUSINESS: NOTICE is hereby given to the members of Wheels India ITEM NO. 1: APPROVAL FOR RAISING OF THE FUNDS Limited (the “Company”), pursuant to Sections 108 and THROUGH QUALIFIED INSTITUTIONAL PLACEMENT (QIP)/ 110 of the Companies Act, 2013 (the “Act”) read with EXTERNAL COMMERCIAL BORROWINGS (ECBs) WITH Rule 20 and Rule 22 of the Companies (Management and RIGHTS OF CONVERSION INTO SHARES/ OPTIONALLY Administration) Rules, 2014, as amended (“Management OR COMPULSORILY CONVERTIBLE REDEEMABLE Rules”) read with the circulars dated April 08, 2020, April PREFERENCE SHARES (OCPS/CCPS) ETC. PURSUANT TO 13, 2020, May 05, 2020, January 13, 2021, May 05, 2022, COMPANIES ACT, 2013: December 28, 2022, September 25, 2023, September 19, To consider and if thought fit, to pass, the following resolution 2024 and September 22, 2025 (collectively referred to as as a Special resolution: “MCA Circulars”), and Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure “RESOLVED THAT pursuant to the provisions of Sections Requirements) Regulations, 2015, (the “SEBI LODR”) read 23, 42, 62, 71, 179 and other applicable provisions, if any, with relevant circulars issued by SEBI (the “SEBI circulars”) of the Companies Act, 2013 (“Companies Act”), read with and other applicable provisions of the Act, rules, circulars the Companies (Prospectus and Allotment of Securities) and notifications issued thereunder (including any statutory Rules, 2014, the Companies (Share Capital and Debentures) modifications or re-enactment thereof for the time being in Rules, 2014 and other applicable rules made thereunder force and as amended from time to time), that the Special (including any amendment(s), statutory modification(s) or Resolution(s) as set out in this Notice are proposed for re-enactment thereof), the provisions of the Memorandum of consideration by the Members of the Company for passing Association and the Articles of Association of the Company by means of Postal Ballot by voting through electronic means and in accordance with the Securities and Exchange Board only (“remote e-voting”). of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended (“SEBI ICDR Regulations”), In compliance with the relevant provisions of the Act read the Securities Contracts (Regulation) Act, 1956, the with applicable MCA circulars and Regulation 44 of the SEBI Securities Contracts (Regulation) Rules, 1957, as amended LODR, this Postal Ballot Notice is being sent only through (“SCRR”) the Securities and Exchange Board of India (Listing electronic mode to those Members whose e-mail addresses Obligations and Disclosure Requirements) Regulations, are registered with the Company / RTA / Depositories. If your 2015, as amended (“SEBI Listing Regulations”), the listing e-mail address is not registered with the Company/ RTA / / trading agreements entered into by the Company with Depositories, please follow the process provided in the Notes National Stock Exchange of India Limited and BSE Limited, as to receive this Postal Ballot Notice and login ID and password applicable (“Stock Exchanges”) on which the equity shares for remote e-voting. The communication of the assent or having face value of Rs. 10/- each of the Company (“Equity dissent of the Members on the resolutions would only take Shares”) are listed and / or traded, the provisions of the place through the remote e-voting. Foreign Exchange Management Act, 1999 and rules and The proposed resolutions along with the explanatory statement regulations framed thereunder, as amended (the “FEMA”), pursuant to Section 102 of the Act and other applicable laws including the Foreign Exchange Management (Non-debt setting out the material facts and the reasons for the proposed Instruments) Rules, 2019, as amended, Foreign Exchange resolutions is appended for your consideration. Management (Debt Instruments) Rules, 2019, as amended, WHEELS INDIA LIMITED 1 the extant Consolidated FDI Policy issued by the Department or other permissible/ requisite offer documents to any for Promotion of Industry and Internal Trade, Ministry of eligible person, including Qualified Institutional Buyers Commerce and Industry, Government of India, the Securities (“QIBs”) as defined under the SEBI ICDR Regulations, or and Exchange Board of India (Issue and Listing of Non- otherwise, including venture capital funds, foreign venture Convertible Securities) Regulations, 2021, as amended, capital investor registered with SEBI, alternate investment (the “Debt Listing Regulations”), the Reserve Bank of India funds, foreign institutional investors, foreign portfolio Master Directions on Foreign Investment in India, 2018 and investors (other than individuals, corporate bodies and subject to other applicable rules, regulations and guidelines family offices), public financial institution, scheduled issued by the Ministry of Corporate Affairs (“MCA”), Registrar commercial bank, Indian and/or multilateral and bilateral of Companies, Tamil Nadu and Andaman at Chennai, (ROC, development financial institutions, mutual funds, non- Chennai) Securities and Exchange Board of India (“SEBI”), resident Indians, pension funds, institution, state industrial Reserve Bank of India (“RBI”), Government of India (“GoI”), development corporation, insurance company registered Stock Exchanges and/ or any competent statutory, regulatory, with [Showing first 8,000 characters — download PDF for full document]