Notice of postal ballot dated 7th October, 2026 dispatched to shareholders of the Company.

CIN: L62010MH1991PLC467067 7th October, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai- 400001. Scrip Code: 530601 , Scrip ID: JAGSONSER Sub: Disclosure pursuant to Regulation 30 read with Para A, Part A of Schedule-III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to regulation 30 read with Para A, Part A of Schedule-III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, a copy of the Notice of Postal Ballot dated 7th October, 2026 along with Explanatory Statement pursuant to Section 102 of the Companies Act, 2013 and notes, for seeking approval of the members of the Company on the matter mentioned therein is enclosed. The approval of members is sought by Postal Ballot only through remote e-voting by electronic means. The Company has dispatched the said Postal Ballot Notice only by email to those members, whose names appear in the Register of Members/List of Beneficial Owners as on Thursday, 1st October, 2026 (“Cut-off Date”) and whose e-mail addresses are registered with the Depository Participants/Company/Registrar and Share Transfer Agent. The said notice is also available on the website of the Company at www.jagsonpal.co.in . The remote e-voting period of Postal Ballot will commence on Thursday, 8th October, 2026, 9:00 a.m. (IST) and will end on Friday, 6th November, 2026, 5:00 p.m. (IST). Please take the same on your records. For Jagsonpal Services Limited (Formerly known as Jagsonpal Finance and Leasing Limited) Karthik Srinivasan Chairman, Managing Director & Chief Financial Officer DIN: 09805485 Jagsonpal Services Limited (Formerly known as Jagsonpal Finance & Leasing Limited) Registered Office: 2, B Wing, 4th Floor, Connekt, Silver Utopia, Chakala, Andheri East, Airport, Mumbai- 400099, Maharashtra, India. info@jagsonpal.co.in | 022 0224099 6484 | www.jagsonpal.co.in CIN: L62010MH1991PLC467067 NOTICE OF POSTAL BALLOT [Pursuant to Section 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 pursuant to the provisions of Section 110, Section 108 and all other applicable provisions of the Companies Act, 2013 ("Act") read with Rule 20 and 22 of the Companies (Management and Administration) Rules, 2014 ("Rules"), Secretarial Standard on General Meetings issued by The Institute of Company Secretaries of India ("SS-2"), Regulation 44 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), General Circular Nos. 14/2020 dated 8th April 2020, 17/2020 dated 13th April 2020, along with subsequent circulars issued in this regard and the latest Circular dated 22nd September, 2025 issued by the Ministry of Corporate Affairs, Government of India (collectively referred to as "MCA Circulars"), SEBI circulars and any other applicable law, rules and regulations (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), the resolution set out below is proposed to be passed by the Members of Jagsonpal Services Limited ("Company") through Postal Ballot by means of only remote voting by electronic means (“Remote e-voting”). In compliance with Regulation 44 of the SEBI Listing Regulations and pursuant to the provisions of Section 108 and Section 110 of the Act read with the Rules, the MCA Circulars and SS-2, the Company is providing only remote e-voting facility to its members, to enable them to cast their votes remotely on the proposed resolution instead of submitting the Postal Ballot Form physically. The communication of the assent or dissent of the members would only take place through the remote e-voting system. The instructions for remote e-voting are appended to this Notice. The Company has engaged the services of National Securities Depository Limited (“NSDL”) for the purpose of providing remote e-voting facility to its members. The e-voting will commence on Thursday, 8th October, 2026, 9:00 a.m. (IST) and will end on Friday, 6th November, 2026, 5:00 p.m. (IST) (“e-Voting Period”). In terms of the requirements specified in the MCA Circulars, the Company is sending this Notice in electronic form only via email to the members whose names appear on the Register of Members / List of Beneficial owners as on Thursday, 1st October, 2026 (“Cut-off Date”) and whose e-mail addresses are registered with the Depository Participants/Company/Registrar and Share Transfer Agent. Accordingly, physical copy of the Notice along with Postal Ballot Form and pre-paid business reply envelope will not be sent to the members for this Postal Ballot. The Notice is available on the website of the Company at www.jagsonpal.co.in and can also be accessed from the website of BSE Limited at www.bseindia.com and is also disseminated on the website of NSDL at https://www.evoting.nsdl.com/. Jagsonpal Services Limited (Formerly known as Jagsonpal Finance & Leasing Limited) Registered Office: 2, B Wing, 4th Floor, Connekt, Silver Utopia, Chakala, Andheri East, Airport (Mumbai), Mumbai- 400099, Maharashtra, India. info@jagsonpal.co.in | 022 0224099 6484 | www.jagsonpal.co.in CIN: L62010MH1991PLC467067 The proposed resolution and the explanatory statements thereto pursuant to Section 102(1) of the Act and any other applicable provisions of the Act, read with Rules framed thereunder, setting out the material facts and reasons thereof concerning the resolution mentioned in this Postal Ballot Notice is annexed hereto. Members are requested to carefully read the instructions provided in this Notice and vote accordingly on the proposed resolution. Pursuant to Rule 22(5) of the Rules, the Board of Directors of the Company has appointed M/s. Pooja Sawarkar & Associates, Company Secretaries, FCS 10262, CP No. 15085, Practicing Company Secretaries, Mumbai, as the Scrutinizer (“Scrutinizer”) for conducting the postal ballot by means of e-voting process in fair and transparent manner. The Scrutinizer will submit the results of the e-voting to the Chairperson of the Company or any other authorized officer(s) of the Company after completion of the scrutiny of the e-voting. The postal ballot e-voting results will be submitted within 2 (Two) working days from conclusion of the e-voting period to the BSE Limited in accordance with the SEBI Listing Regulations. The results of the Postal Ballot along with the Scrutinizer's Report will also be displayed on the website of the Company at www.jagsonpal.co.in and will also be simultaneously communicated to BSE Limited where the equity shares of the Company are listed. The proposed resolution, if approved, will be taken as having duly passed on the last date specified for e-voting i.e. 6th November, 2026 by the members of the Company by means of Postal Ballot. SPECIAL BUSINESS: 1. Approval to enter into a Business Transfer Agreement with Elanistech Private Limited, a Material Related Party Transaction, for acquisition of assets and resources: To consider and if thought fit, to pass, with or without modification(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT pursuant to the provisions of Section 188, 189 and other applicable provisions under the Companies Act, 2013 read with the Companies (Meetings of Board and its Powers) Rules, 2014 and other applicable rules made thereunder, Regulation 23 and other applicable provisions of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended from time to time (including any statutory modification or re-enactment thereof), applicable rules, regulations, laws, circulars, sanctions and permissions as may be required under applicable laws and pursuant to the approvals of the Audit Committee and the Board of Directors of the Company given at their respective meetings held o [Showing first 8,000 characters — download PDF for full document]